🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Related News

We Empower Tier II, III Hospitals With Resource Optimisation & Standardisation Across 30+ Cities: Pristyn Care’s Dr Vaibhav Kapoor

Inc42Inc42 · 1y ago
We Empower Tier II, III Hospitals With Resource Optimisation & Standardisation Across 30+ Cities: Pristyn Care’s Dr Vaibhav Kapoor
Medial

Pristyn Care is a healthtech startup that aims to standardize surgeries and treatments in small and midsized hospitals, enabling them to provide the same quality of care as corporate hospital chains. By partnering with hospitals and clinics in various cities, Pristyn Care optimizes resources and ensures affordable patient care. The startup addresses the issue of low patient footfall and occupancy rates in smaller healthcare facilities in Tier II and III cities by connecting them with specialist doctors and providing access to high-end equipment. Pristyn Care also offers training programs for healthcare professionals to improve care quality and implements technology infrastructure for scalability and patient privacy.

Even Healthcare raises $20 Mn led by Lachy Groom and Alpha Wave

EntrackrEntrackr · 14d ago
Even Healthcare raises $20 Mn led by Lachy Groom and Alpha Wave
Medial

Bengaluru-based managed care provider Even Healthcare has raised $20 million in a fresh funding round led by existing investors Lachy Groom and Alpha Wave, with participation from Sharrp Ventures. The new round comes within 15 months for Even Healthcare which had raised $30 million in Series A funding round in October 2024. With this round, the company’s total funding has reached $70 million, while its valuation has more than doubled over the past year. The proceeds will be used to expand Even Healthcare’s hospital footprint in Bengaluru and scale its managed-care hospital model. Founded in 2020, Even Healthcare operates a membership-based model combining primary care, diagnostics, and hospital services. Unlike traditional hospital systems, Even’s approach focuses on continuity of care and patient recovery rather than maximising admissions and length of stay. Care teams remain accountable across consultations, diagnostics, hospitalisation, and post-discharge recovery at home. Alongside the fundraise, Even said its first hospital achieved operating break-even within six months of launch. Since launching its first hospital in May 2025, Even claims to have tracked outcomes across its network, reporting no unplanned 30-day readmissions across more than 350 surgeries, zero post-operative infections in the cohort, and over 200 hospitalisations avoided through monitored home recovery. Average length of hospital stay was reported to be around 40% lower than comparable settings.

Pristyn Care turns its first hospital profitable within 2 months

EntrackrEntrackr · 9m ago
Pristyn Care turns its first hospital profitable within 2 months
Medial

Setting a new benchmark in India’s healthcare sector, Pristyn Care has turned its first hospital in South Delhi profitable in less than two months, according to sources. This contrasts with the usual timeline in the healthcare sector, where hospitals generally take between 12 to 24 months to reach break-even. The Gurugram-based firm opened its first super-specialty hospital in South Delhi in February this year. “The hospital reached double-digit profitability within weeks of opening. The hospital currently has the capacity to handle 30% more patients, providing room for further growth while continuing operations,” said one of the sources. Establishing its own hospital infrastructure in the capital is helping the company go deeper into patient care and ensure tighter control over the end-to-end patient journey. This greater control is enabling consistent delivery, stricter adherence to safety protocols, and a more integrated care experience for every patient. Unlike most healthcare institutions where demand is doctor-driven, Pristyn Care has been generating its own patient flow — even while operating out of partner hospital infrastructure. “With its own hospital now operational, the company has seen a 10-point rise in its Net Promoter Score (NPS), reflecting higher patient satisfaction,” said another source. Confirming the development to Entrackr, Dr. Vaibhav Kapoor, co-founder of Pristyn Care, said, “This milestone is a reflection of the trust patients place in us. With our own hospital, we’re able to deliver more consistent, safer, and compassionate care — every single day.” Pristyn Care’s technology platform plays a key role in this progress by managing doctor schedules, patient coordination, and the surgical process. This helps make operations more efficient and improves the overall patient experience. Harsimarbir Singh, co-founder of Pristyn Care, added, "In healthcare, trust is everything. By managing the full care continuum ourselves, we’re earning that trust one patient at a time — and that’s the real success story." As per sources, over 60% of its patient inflow is organic. The company already disclosed its plans to open 50 hospitals across India in the next three years, with new locations in cities like Mumbai, Bengaluru, Hyderabad, Pune, Chennai, Ahmedabad, Patna, Chandigarh, and Coimbatore. Backed by the likes of Peak XV and Tiger Global, Pristyn Care secured $96 million to attain unicorn status in December 2021. In FY24, the company’s operating revenue grew by 32.7% to Rs 601 crore from Rs 453 crore in FY23. In FY25, it claims to have reduced its EBITDA burn by 60% year-over-year.

Download the medial app to read full posts, comements and news.