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Pristyn Care crosses 100 ICU units, expands to 11 owned hospitals

EntrackrEntrackr · 22h ago
Pristyn Care crosses 100 ICU units, expands to 11 owned hospitals
Medial

Pristyn Care crosses 100 ICU units, expands to 11 owned hospitals Founded in 2018 by Harsimarbir Singh, Vaibhav Kapoor, and Garima Sawhney, Pristyn Care had earlier made headlines by launching five hospitals in just 75 days, signaling its ambitious growth strategy. Healthcare startup Pristyn Care has launched three new super-specialty hospitals in Pune, Indore, and Hyderabad, taking its total owned hospitals to 11 and surpassing 100 ICU units across India. According to the press release, in the last 2.5 quarters, Pristyn Care has scaled aggressively, which now operates over 700 beds, 30 modular operating theatres, and over 100 ICU beds, supported by 700+ medical professionals across 300,000 sq. ft. of clinical facilities. The new hospitals expand the company’s specialties to include Gastroenterology, Bariatric Surgery, Intensive Care, Nephrology, Gynaecology, and Neurology, equipped with state-of-the-art diagnostic facilities such as MRI and CT scans. A spokesperson said, “Today, we are not merely expanding, we are redefining the boundaries of care. By strengthening our presence in Hyderabad, Pune, and Indore and deploying over 100 ICU units, we reaffirm a simple yet powerful promise: no life should wait.” By the end of this financial year, the company aims to scale to 500,000 sq. ft., with over 1,000 beds, 200-plus ICU units, and more than 50 modular operating theatres. With a mix of owned hospitals and partner facilities, Pristyn Care continues to build a tech-enabled, patient-centric ecosystem, aiming to make advanced healthcare accessible to every Indian.

InvAscent leads $13 Mn round in Geri Care Health Services

EntrackrEntrackr · 8m ago
InvAscent leads $13 Mn round in Geri Care Health Services
Medial

Snippets InvAscent leads $13 Mn round in Geri Care Health Services The fresh funds will be utilized to expand its services across key cities in Southern India, including Bengaluru, Hyderabad, Kochi, and Coimbatore, Geri Care said in a press release. Geri Care Health Services, an integrated senior citizen-focused healthcare services provider, has raised Rs 110 crore ($13 million) in a funding round led by InvAscent, investing through its India Life Sciences Fund IV (ILSF IV) for a minority stake in the company in its first institutional fundraise. Founded in 2018 by Lakshmipathy Ramesh, Geri Care offers a comprehensive 360-degree continuum care model for senior citizens, with a network of multi-specialty hospitals, assisted living centers, home care, and clinics exclusively for senior citizens. According to the Chennai-based company, it is also introducing first-of-its-kind specialty centers of excellence in geriatric oncology, geriatric urology, geriatric cardiology, and ortho-geriatrics through its chain of multi-specialty hospitals exclusively for elders. Geri Care claims to serve tens of thousands of elders in South India, particularly in Chennai. InvAscent is a life sciences private equity firm managing an AUM of over $800 million, with investments in over 35 companies across the pharma, healthcare delivery, medical devices, animal health, nutraceuticals, and healthtech industries.

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