Acquisition · Healthcare & Life Sciences

Redcliffe Labs acquires Megavision Diagnostics for ₹40 Cr

By Startup Enthusiast · 20 July 2026

What they do

Redcliffe Labs is an omnichannel diagnostics platform offering over 3,600 tests across India

It has acquired Pune-based Megavision Diagnostics Centre for ₹40 Cr ($4.14 Mn), expected to close in July 2026

The deal follows two smaller acquisitions and a divestiture of its fertility business earlier this year

Redcliffe Labs is acquiring Megavision Diagnostics Centre in a ₹40 Cr deal.
Megavision is a Pune-based diagnostics chain founded in 1996 with two centres in Pimpri and Nigdi.
It offers MRI, CT scans, sonography, ECG, and mammography services.
Megavision's annual revenue is about ₹20 Cr.
The transaction is expected to close later this month (July 2026).
Redcliffe will retain Megavision's entire workforce.
Weeks before this deal, Redcliffe acquired Prime Sonography and Diagnostic Center (Kota) for about ₹5 Cr and Sarvodaya Diagnostics (Ajmer) for about ₹10 Cr.
Earlier in 2026, Redcliffe divested its fertility business Crysta IVF to Moon Care Pvt Ltd for about ₹100 Cr.

Redcliffe's revenue grew 12% to ₹470 Cr in FY26 from ₹418 Cr in FY25.
Its EBITDA loss margin narrowed to -13% in FY26 from -24% in FY25.
The company targets revenue of about ₹700 Cr in FY27, nearly 50% growth.
Redcliffe has raised $115 Mn to date from investors including LeapFrog Investments and HealthQuad.

Redcliffe Labs is an omnichannel diagnostics platform with over 3,600 pathology tests.
It offers genetic and DNA-based screening for reproductive health, cancer, and wellness.
The company operates in 70-80 cities across India.
It has 80+ self-owned certified labs and 2,000+ collection centres.
Home sample collection accounts for nearly half of its business.
Redcliffe served more than 4.3 Mn customers in FY26, conducting 24 Mn diagnostic tests.
64% of its customer base comes from Tier I and II cities.
It provides AI-enabled diagnostic reports, consultations, and diet plans through its mobile app.

Redcliffe targets revenue of about ₹700 Cr in FY27, nearly 50% year-on-year growth.