Nova Specialty Surgery, a premier short-stay surgical center, opened its first center in Koramangala, Bangalore, in May 2009. The company has been floated by New York-based private investment company GTI Capital Group LLC and Dr. Mahesh Reddy, one of India's eminent shoulder specialists. GTI Capital Group LLC conceived and incubated Nova. Nova has Investments from NEA (a leading venture capital and growth equity firm), Omzest (a leading business house from Oman that has interests from manufacturing to trading, financing to insurance and energy-related investment) and Goldman Sachs (a leading global investment banking, securities and investment management firm).
Nova's business model is based on a partnership between the company and surgeons from multiple specialties in each center. Nova Specialty Surgery plans to develop 25 such centers across India. Each center has 4 - 5 operating rooms and is equipped with state-of-the-art-equipment to undertake surgical procedures.