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PB Healthcare to raise Rs 1,461 Cr in seed round; no longer subsidiary of PB Fintech

EntrackrEntrackr · 3m ago
PB Healthcare to raise Rs 1,461 Cr in seed round; no longer subsidiary of PB Fintech
Medial

PB Healthcare Services, formerly a wholly-owned subsidiary of PB Fintech Limited, is raising Rs 1,461 crore (approximately $171 million) as part of the first tranche of its seed round. Of the total amount, Rs 539.4 crore has already been infused by PB Fintech Limited, while the remaining capital will be contributed by external investors, according to disclosures filed with the National Stock Exchange (NSE). For context, PB Fintech had earlier passed a resolution to invest up to Rs 696 crore through the purchase of equity shares or preference shares of PB Healthcare Services Private Limited in FY26. As part of the current round, it has already invested Rs 539.4 crore, with the remaining amount yet to be deployed. As per the filings, PB Fintech’s stake in PB Healthcare Services has dropped from 100% to 32.14% following the participation of external investors in the seed round. Previously a wholly-owned subsidiary, PB Healthcare has also created an ESOP pool to attract and retain key talent. The capital infusion is aimed at strengthening the company’s financial position and supporting its growth plans. “The dilution in shareholding is a strategic decision to bring in external investors and create an ESOP pool to attract and retain talent,” the company noted in its filing. Founded in January 2025, PB Healthcare Services set out with an ambitious goal of establishing hospitals with a cumulative capacity of 1,000 beds within its first year. The company plans to launch operations in the National Capital Region (NCR), with a phased expansion into other major metro cities.

Policybazaar parent PB Fintech enters healthcare with new subsidiary

YourStoryYourStory · 8m ago
Policybazaar parent PB Fintech enters healthcare with new subsidiary
Medial

Policybazaar's parent company, PB Fintech Limited, has announced plans to enter the healthcare sector by setting up a subsidiary named PB Healthcare Private Limited. PB Fintech aims to address inefficiencies in the insurance ecosystem and improve trust by focusing on the lifetime value of customers. The company will invest up to $100 million in infrastructure and operational frameworks. The proposed model involves partnerships with hospitals and insurers to establish standardized procedures and reduce claims discrepancies. This move is expected to accelerate industry growth and indirectly benefit Policybazaar's market penetration. PB Fintech reported a significant increase in revenue and profits in Q2 FY25.

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