Pristyn Care, a healthtech startup, has raised $96 million in Series E funding at a valuation of $1.four billion, making it a cutting-edge unicorn.
This round was led by Sequoia Capital, Tiger Global, Winter Capital, Epiq Capital, Hummingbird Ventures, and Trifecta Capital, in addition to angel investors Kunal Shah, Deepinder Goyal, Abhiraj Singh Bhal, and Varun Alagh.
It will use the capital to enhance its services by implementing cutting-edge surgical technologies, expanding into new disorder categories, strengthening and modernising associate-health centre infrastructure, educating its surgeons, and similarly growing its product and era.
The Bengaluru-based totally agency has grown 5X since January 2021 and expects to be profitable within the next 12-18 months. It currently operates 150+ clinics and 700+ associate hospitals, with a panel of 300+ skilled doctors.
It plans to expand its geographical footprint to 50+ towns and 1000+ surgical centres by March 2022, according to a press release from the agency. It also 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 year, Indian startups raised more than $30 billion from investors in the first eleven months of 2021. Furthermore, there were forty unicorns from India this year, compared to 26 unicorns in the previous decade.
