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PB Healthcare secures $218 mn seed capital
Mint Bangalore
|May 09, 2025
Firm will set up a 1,000-bed hospital network in National Capital Region
Policybazaar promoter Yashish Dahiya's healthcare venture on Thursday said it has raised $218 million seed capital at a valuation of $243 million. While Policybazaar parent PB Fintech invested $62 million for a 26% stake in PB Healthcare Services Pvt. Ltd, General Catalyst infused $50 million for 20.57%. The names of other investors could not be ascertained.
In the seed funding round, which valued the healthcare venture at $243 million, PB Fintech invested $62 million for a 26% stake, while General Catalyst infused $50 million for 20.57% stake.
Incorporated on 1 January 2025, the Gurugram-based healthcare firm will use the proceeds to set up a 1,000-bed hospital network in the National Capital Region and accelerate product development and technological innovation.
This is part of the startup's broader aim to build an end-to-end platform that integrates healthcare and insurance.
Dit verhaal komt uit de May 09, 2025-editie van Mint Bangalore.
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