Healthtech startup Pristyn Care turns unicorn, raises $96 million in Series E
Healthtech startup Pristyn Care turns unicorn, raises $96 million in Series E
Healthtech startup Pristyn Care has raised $ninety six million in Series E spherical at a valuation of $1.four billion, turning into the cutting-edge unicorn.
This spherical became led with the aid of using Sequoia Capital, Tiger Global, Winter Capital, Epiq Capital, Hummingbird Ventures and Trifecta Capital in conjunction with angel buyers together with Kunal Shah, Deepinder Goyal, Abhiraj Singh Bhal and Varun Alagh.
It will utilise the capital to decorate its services with the aid of using adopting the cutting-edge surgical technologies, increasing into new disorder categories, strengthening and modernising associate-health center infrastructure, education its surgeons and similarly growing its product and era.
The Bengaluru-primarily based totally agency has scaled 5X considering January 2021and expects to be worthwhile withinside the subsequent 12-18 months, claims the agency. At present, it operates through 150+ clinics and 700+ associate hospitals with a panel of 300+ skilled doctors.
By March 2022, it plans to growth its geographical footprint with the aid of using increasing to 50+ towns and 1000+ surgical centres, stated the agency in a press statement. It additionally intends to double its crew size.
Co-founder Harsimarbir (Harsh) Singh, stated “Patient-care is on the center of our dedication to provide the best great secondary-care surgeries. We have constructed a rock-stable era spine that strengthens our affected person-first initiatives – together with cease-to-cease help offerings at some point of the complete procedure of surgical procedure, billing transparency and at-domestic coverage declare processing – and make sure that sufferers are handled withinside the maximum snug manner. This spherical of investment is an acknowledgement of the believe our investor companions and our sufferers have in us.”
“With our growth plans firmly in area and on track, we can accomplish our ambition of achieving 1000+ surgical centres and five million affected person interactions with the aid of using March 2022. We will retain to spend money on newer, world-magnificence surgical era to make sure quicker affected person recovery, shorter health center live and the smoothest surgical procedure enjoy feasible for sufferers and their families,” he added.
This yr, Indian startups have raised over $30 billion in eleven months of 2021 from buyers. Further, there were forty unicorns from India this yr as compared to 26 unicorns withinside the complete decade prior.
