Pristyn Care
 | A major contributor to this article appears to have a close connection with its subject. (December 2021) |
 Pristyn Care | |
| Company type | Private |
|---|---|
| Industry | Healthcare |
| Founded | August 2018 |
| Founders | Harsimarbir Singh, Dr. Vaibhav Kapoor & Dr. Garima Sawhney |
| Headquarters | Gurugram, India |
Area served | India |
Key people | Harsimarbir Singh, Dr. Vaibhav Kapoor & Dr. Garima Sawhney [1] |
| Services | |
Number of employees | 2000+ (2021) |
| Parent | GHV Advanced Health Pvt Ltd. |
| Website | www |
Pristyn Care is a Gurugram based health-tech company that deals in minimal invasive medical and surgical interventions.[2] The organization has a network of more than 700 partnered hospitals and 100 clinics.[3] The company was started in 2018 and covers proctology, gynaecology, IVF, urology, vascular, otorhinolaryngology, laparoscopy, anaesthetics, and ophthalmology.
History[edit]
Pristyn Care was founded in 2018 by Harsimarbir Singh, Dr. Vaibhav Kapoor, and Dr. Garima Sawhney.[4]
In 2019, Pristyn Care had around 70 clinics with over 250 partnered hospitals across 14 cities, and 70 in-house surgeons.[5] Over time, the company expanded the services and acquired more clinics, hospitals, and doctors. Currently, with over 100 clinics, 700 partner hospitals, and 300 in-house super-specialty doctors, the company is present in over 40 cities across India.[3]
Pristyn partnered with Urban Company to provide home-based online medical consultation and supplies in 2020 during COVID-19 Lockdown.[6] It also donated 10,000 masks to Delhi police to support the control of the pandemic.[7]
In December 2021, Pristyn Care underwent a Series E funding round in which Sequoia Capital valued the company at $1.4 billion, giving the company unicorn status.[8][9]
Funding rounds[edit]
As a healthcare delivery startup, Pristyn Care raised $4 million in the Series A round of funding from Sequoia Capital India in June 2019.[10]
In December 2019, the company raised $12 million (₹85 crore) in a Series B funding round again led by Sequoia Capital India, Hummingbird Ventures, Greenoaks Capital, and AngelList.[11]
In September 2020, Series C funding led by Hummingbird Ventures, Sequoia Capital, Greenoaks Capital, AngelList, Epiq Capital, and Redwood Trust raised ₹86.4 crores to further support the company's growth and vision.
In April 2021, Pristyn Care got $53 million in the Series D funding round led by Tiger Global Management. This funding increased the company's valuation to more than $550 million.[12]
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.[9]
Acquisition[edit]
In June 2022, Pristyn Care acquired the health-tech platform Lybrate. As part of the acquisition, 150 employees from Lybrate joined Pristyn Care.[13][14]
Controversies[edit]
In September 2022, Pristyn Care co-founder Harsimarbir Singh faced widespread backlash online following a LinkedIn post in which he shared his "interview hacks" designed to weed out prospective job candidates.[15][16] Tactics Singh shared included making applicants wait six to eight hours to test their patience, scheduling interviews in early morning hours or late at night, scheduling interviews on Sunday and making outstation candidates to show up to the office the next day.[15] Singh deleted his post, but screenshots of it circulated the internet, where it was negatively received.[15]
References[edit]
- ^ "Healthcare startup Pristyn Care raises $96 million, joins Unicorn club". www.business-standard.com. 16 December 2021. Retrieved 28 December 2021.
- ^ Mathawan, Rohan (2020-09-23). "How Pristyn Care Is Contributing To Healthcare Amidst COVID-19?". TechStory. Retrieved 2021-03-21.
- ^ a b "Healthcare start-up Pristyn Care becomes India's latest unicorn". www.thehindubusinessline.com. December 15, 2021. Retrieved December 28, 2021.
- ^ "Healthcare startup Pristyn Care raises $96 million, joins Unicorn club". www.business-standard.com. 16 December 2021. Retrieved 28 December 2021.
- ^ "Healthcare startup Pristyn Care raises $12 million led by Sequoia India, others". Live Mint. December 18, 2019. Retrieved December 28, 2021.
- ^ Murdoch, Adrian (2020-06-03). "India: Pristyn Care partners with Urban Company to offer telemedicine services". LaingBuisson News. Retrieved 2021-03-21.
- ^ "Pristyn Care to provide medical masks to Delhi police". @businessline. Retrieved 2021-03-21.
- ^ Shah, Sneha (2021-12-08). "Pristyn Care turns unicorn after $100 million funding led by Sequoia Capital". The Economic Times. The Times Group. Retrieved 2022-09-05.
- ^ a b "Healthcare startup Pristyn Care raises $96 million, joins Unicorn club". Business Standard.
- ^ "Pristyn Care raises $4M Series A funding led by Sequoia India". The Economic Times.
- ^ "Healthcare startup Pristyn Care raises $12 million led by Sequoia India, others". Mint.
- ^ "Tiger Global backs Pristyn Care at over $550 million valuation". The Economic Times.
- ^ "Pristyn Care acquires digital healthcare platform Lybrate". Moneycontrol. Retrieved 2023-01-14.
- ^ "Pristyn Care acquires Lybrate to enter primary care". The Times of India. June 7, 2022. Retrieved 2023-01-14.
- ^ a b c "'True Face Of Corporate Culture': Pristyn Care Co-founder's 'Unreal' Interview Hacks Rejected By Internet". India Times. 2022-09-04. Retrieved 2022-09-05.
- ^ "After '18-hour work day' fiasco, Pristyn Care co-founder's 'interview hacks' come under fire from netizens". The Tribune. Retrieved 2022-09-05.