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Pristyn Care

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Pristyn Care
Company typePublic
IndustryHealthcare
FoundedAugust 2018; 5 years ago (August 2018)
FoundersHarsimarbir Singh, Dr. Vaibhav Kapoor & Dr. Garima Sawhney
HeadquartersGurgaon, India
Area served
India
Key people
Harsimarbir Singh, Dr. Vaibhav Kapoor & Dr. Garima Sawhney [1]
Services
Number of employees
 (2000+ (2021))
ParentGHV Advanced Health Pvt Ltd.
SubsidiariesBeatXp
Websitewww.pristyncare.com

Pristyn Care is a Gurgaon based health-tech company that deals into minimal invasive medical and surgical interventions.[2][3] Organization has a network of more than 700 partnered hospitals and 100 clinics.[4] The company was started in 2018 and covers proctology, gynaecology, IVF, urology, vascular, otorhinolaryngology, laparoscopy, anaesthetics, and ophthalmology.[2]

History

Pristyn Care was founded in 2018 by Harsimarbir Singh, Dr. Vaibhav Kapoor, and Dr. Garima Sawhney.[5]

In 2019, Pristyn Care had around 70 clinics with over 250 partnered hospitals across 14 cities, and 70 in-house surgeons.[6] Over time, the company expanded the services and acquired more clinics, hospitals, and doctors. Currently, with an ecosystem of over 100 clinics, 700 partner hospitals, and 300 in-house super-specialty doctors, the company has established itself in over 40 cities across India.[4]

Pristyn partnered with Urban Company to provide home-based online medical consultation and supplies in 2020 during COVID-19 Lockdown.[7] It also donated 10,000 masks to Delhi police to support the control of the pandemic.[8][9]

In December 2021, it became unicorn( the term unicorn refers to any startup that reaches the valuation of $1 billion.) in India.[10]

Funding Rounds

As a healthcare delivery startup, Pristyn Care raised $4 million in the Series A round of funding from Sequoia Capital India.[11]

In 2019 Dec, the company raised $12 million (85 crores INR) in a Series B funding round again led by Sequoia Capital India, Hummingbird Ventures, Greenoaks Capital, and AngelList.[12]

In Sept 2020, Series C funding led by Hummingbird Ventures, Sequoia Capital, Greenoaks Capital, AngelList, Epiq Capital, & Redwood Trust raised ₹86.4 crores to further support the company's growth and vision.[13]

In April 2021, Pristyn Care got $53 million in the Series D funding round led by the US Investment Tiger Global Management. This funding increased the company's valuation to more than $550 million.[14]

In the latest Series E funding round led by marquee investors, including Sequoia Capital, Tiger Global, Epiq Capital, Hummingbird Ventures, and Trifecta Capital, Pristyn Care raised $96 million.[15]

References

  1. ^ "Healthcare startup Pristyn Care raises $96 million, joins Unicorn club". www.business-standard.com. 16 December 2021. Retrieved 28 December 2021.
  2. ^ a b "From Appointment To Discharge: How Pristyn Care Is Bridging the Gaps in Healthcare". Deccan Chronicle. 2020-10-22. Retrieved 2021-03-21.
  3. ^ Mathawan, Rohan (2020-09-23). "How Pristyn Care Is Contributing To Healthcare Amidst COVID-19?". TechStory. Retrieved 2021-03-21.
  4. ^ a b "Healthcare start-up Pristyn Care becomes India's latest unicorn". www.thehindubusinessline.com. December 15, 2021. Retrieved December 28, 2021.{{cite web}}: CS1 maint: url-status (link)
  5. ^ "Healthcare startup Pristyn Care raises $96 million, joins Unicorn club". www.business-standard.com. 16 December 2021. Retrieved 28 December 2021.
  6. ^ "Healthcare startup Pristyn Care raises $12 million led by Sequoia India, others". Live Mint. December 18, 2019. Retrieved December 28, 2021.{{cite web}}: CS1 maint: url-status (link)
  7. ^ Murdoch, Adrian (2020-06-03). "India: Pristyn Care partners with Urban Company to offer telemedicine services". LaingBuisson News. Retrieved 2021-03-21.
  8. ^ "Pristyn Care to provide medical masks to Delhi police". @businessline. Retrieved 2021-03-21.
  9. ^ "Even sky is not the limit for Shruti Chauhan". www.mid-day.com. 2021-02-03. Retrieved 2021-03-21.
  10. ^ "Pristyn Care valued at $1.4B". www.economictimes.com. Retrieved 2021-05-26.
  11. ^ "Pristyn Care raises $4M Series A funding led by Sequoia India". The Economic Times.{{cite web}}: CS1 maint: url-status (link)
  12. ^ "Healthcare startup Pristyn Care raises $12 million led by Sequoia India, others". Mint.{{cite web}}: CS1 maint: url-status (link)
  13. ^ "Gurugram-based healthtech startup Pristyn Care raises ₹86 crore". Inshorts.{{cite web}}: CS1 maint: url-status (link)
  14. ^ "Tiger Global backs Pristyn Care at over $550 million valuation". The Economic Times.{{cite web}}: CS1 maint: url-status (link)
  15. ^ "Healthcare startup Pristyn Care raises $96 million, joins Unicorn club". Business Standard.{{cite web}}: CS1 maint: url-status (link)