Clove Dental hits 715 clinics across 26 cities, eyes Rs 600 cr revenue

India's largest dental chain scaled to 715 clinics over 15 years, backed by $215M in funding including Investcorp. FY26 clinical revenue touched Rs 450 cr, projected at Rs 600 cr. New Whistle Glow oral-care line targets the $2B Indian market, with 78% MDS-qualified dentists staffing 800-1,000 sq ft clinics at Rs 40 lakh capex.

— Source publishedFri, 15 May, 2026, 20:20 IST·First seen Fri, 15 May, 2026, 15:02 IST·Source Forbes India

What happened

Clove Dental scaled to 715 clinics across 26 Indian cities over 15 years, raising $215M. Clinical revenue hit Rs 450 crore in FY26, projected Rs 600 crore.

Key facts

  • 715 clinics
  • 26 cities
  • $215 million raised
  • Rs 1,700 crore
  • 78% MDS dentists
  • 800-1,000 sq ft
  • Rs 40 lakh capex
  • Rs 4.75 lakh break-even monthly revenue
  • Rs 10 lakh mature monthly revenue
  • Rs 450 crore FY26 revenue
  • Rs 600 crore projected
  • $2 billion oral-care market

Why this matters

Clove's vertical extension into the $2B oral-care market via Whistle Glow turns a clinic chain into a consumer brand platform, opening partnership or acquisition angles for FMCG and pharma players.

Also reported by