Pristyn Care has received a funding of $4 million from Sequoia India as a part of its series A funding round.
Pristyn Care was founded by Harsimarbar Singh, Dr Garima Sawhney and Vaibhav Kapoor in 2018 with the aim of making affordable and convenient surgical care available to patients by the use of state of the art surgical techniques. The company also aids in the recovery process of their patients.
The start-up plans to utilize this raised capital for investing in technology and improving its medical facilities.
Pristyn Care which is a healthcare delivery start-up has received a funding of $4 million from Sequoia India as a part of its series A funding round. The company provides a range of surgeries to its patients comprising of Gynaecology, Urology, ENT and Proctology. The start-up plans to utilize this raised capital for investing in technology and improving its medical facilities. It also plans on expanding its current team of medical experts.
Pristyn Care was founded by Harsimarbar Singh, Dr Garima Sawhney and Vaibhav Kapoor in 2018 with the aim of making affordable and convenient surgical care available to patients by the use of state of the art surgical techniques. The company also aids in the recovery process of their patients. They have performed over 2000 surgeries as of today. Their team comprises of experienced doctors who are experts in the fields of laparoscopic surgery, minimal access surgery, laser and cosmetic surgery as well as aesthetic and onco gynaecology. Currently, they operate over 20 clinics in Delhi, Hyderabad and Bengaluru. They are planning on expanding to 50 clinics by December 2019. The funding raised by them from Sequoia India will help them in doing so.
The co-founder of Pristyn Care,Harsimarbar Singh said that there was an extensive need for improving day care procedures in India currently. The vision of their company is to transform healthcare sector’s future by the means of providing personalised care and support to patients and state of the art medical techniques. They firmly believe that there is an immense opportunity for growth in the healthcare sector and are very pleased that Sequoia India has believed in their vision for providing better healthcare facilities to the general populace.Pristyn Care hopes that their partnership with Sequoia India will help them provide elevated healthcare solutions to the consumers.
Sequoia India is also very excited to be investing in Pristyn Care. Ashish Agrawal, the principal of Sequoia India said that the healthcare journey in India as of now is extremely cluttered and cumbersome as it involves multiple steps. They hope that their new partnership with Pristyn Care will help in making the process straightforward and easy for the patients. They also have full faith in their team of medical experts and asset light model.
Pristyn Care currently works on the bases of an asset light model. They leverage the existing medical infrastructure provided by their hospital partners. They further equip them with modern medical equipment. The company is also highly focused on elevating the patient experience, hence they even provide a concierge service to the patients for effortlessly guiding them through the whole medical experience.
The healthcare sector is currently booming in India and has opened doors for numerous opportunities. It market is expected to reach a valuation of $372 billion by 2020. The highly trained medical professionals in India give a huge advantage in expansion of this market. India also provides medical services at a cheaper price compared to western and Asian countries. This has led to many after surgery care services and services that cater to critically ill patients cropping up. Apart from Pristyn Care, Care 24, Zoctr and Portea Medical are a few examples of the same.
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