Pristyn Care bags USD 53 million in Tiger Global-led Series D funding
Category: #technology  By Pranali Mehta  Date: 2021-04-21
  • share
  • Twitter
  • Facebook
  • LinkedIn
Pristyn Care bags USD 53 million in Tiger Global-led Series D funding

Gurgaon-based health-tech startup Pristyn Care has reportedly secured USD 53 million during a Series D funding round which was led by U.S.-based investment company Tiger Global Management LLC.

According to reliable sources, the funding round also saw participation from existing investors such as Hummingbird Ventures, Epiq Capital Investment Advisory LLP, and Sequoia Capital. The company valuation has now surpassed USD 550 million.

These fresh investments will be used to expand Pristyn Care’s services in medical technology as well as to develop various types of minimally invasive procedures, further allowing it to reinforce its presence in India. For the record, Pristyn Care was founded in 2018 by Dr. Garima Sawhney, Harsimarbir Singh, and Dr. Vaibhav Kapoor.

It consists of a patient-first approach and provides a variety of different end-to-end support services such as complete health insurance, claim processing, diagnostics support, hospital admission paperwork from home, medicine delivery at home, cab pick up and drop for surgery, and free consultation services after surgery.

Dr. Vaibhav, co-founder of Pristyn Care reportedly stated that the fresh investments can allow the healthcare startup to focus on modern medical technologies in order to offer state-of-the-art treatment options to patients.

Meanwhile, Harsimarbir Singh, co-founder of Pristyn Care said in a comment that the company will also invest in brand building, to treat new diseases, serving international patients seeking treatment in India, and expand its services to more towns and cities.

Scott Schleifer, a representative from Tiger Global Management LLC said that Pristyn-Care has emerged as one of the leading consumer-centric surgery providers since it is known to use innovative technologies to provide improved experiences and outcomes.

Pristyn Care currently offers surgeries for more than 50 diseases including phimosis, piles, gynecology, varicose veins, hernia, gallstones, sinus, and DVT among others by using modern medical technology such as laser and laparoscopy.

Source Credits –

https://yourstory.com/2021/04/healthtech-startup-pristyn-care-raises-53-million-funding-tiger-global

 

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Pranali Mehta

Pranali Mehta    

Pranali Mehta boasts of over three years of experience as a content writer. Having completed her graduation in chemical engineering, she worked as safety & environment associate in a chemical company for a year. Harnessing her passion for writing however, Pranali deci...

Read More >>

More News By Pranali Mehta

Foxconn, Fisker join forces to build sub-USD 30,000 EVs by late 2023
Foxconn, Fisker join forces to build sub-USD 30,000 EVs by late 2023
By Pranali Mehta

Electric car maker Fisker Inc. has reportedly signed an agreement with Taiwanese manufacturing giant Foxconn Technology Co. Ltd. to produce EVs, with plans to start production in the U.S. by the end of 2023. Sources with knowledge of the matter state...

Harley Davidson to make LiveWire a standalone electric motorcycle brand
Harley Davidson to make LiveWire a standalone electric motorcycle brand
By Pranali Mehta

Harley Davidson Inc. is reportedly planning to make its electric motorcycle LiveWire as a standalone brand with an independent logo and identity. The American motorcycle manufacturer has declared July 8th as the official launch date for LiveWire&rsq...

Samsung might launch three new premium smartphones in August this year
Samsung might launch three new premium smartphones in August this year
By Pranali Mehta

Reportedly, Samsung Electronics Co. Ltd. is currently in advanced discussions with South Korea-based network carriers to launch a fleet of new smartphones in the coming months. This time, the consumer electronics giant intends to introduce premium fl...