Founded in 1999 under the leadership of Dr Ramesh Kancharla, Rainbow is one of the large multi-specialty paediatric hospital chains in India in terms of bed capacity. It offers a range of services such as newborn and paediatric intensive care, paediatric multi-specialty services, paediatric quaternary care, obstetrics, and gynaecology
It has been recommended that AIFs should be mandated to carry out valuation of their investment portfolio as per International Private Equity and Venture Capital Valuation (IPEV) Guidelines.