From TechCrunch · Jagmeet Singh · · 1m 40s
Khosla Ventures doubles down on Even Healthcare to challenge India's hospital economics
Khosla Ventures leads $50m funding for Even Healthcare to reshape India's hospital economics.
In brief
Khosla Ventures leads $50m funding for Even Healthcare to reshape India's hospital economics. Even Healthcare, backed by Khosla Ventures, aims to reduce hospital costs and improve patient outcomes in India through its own hospitals. Originally reported by TechCrunch.
Even Healthcare raises $50m funding
Even Healthcare secured $50 million in a Series B funding round led by Khosla Ventures, valuing the company at $300 million.
Even Healthcare targets hospital economics
Hospitals in India typically earn more when patients undergo additional tests or procedures, even when unnecessary.
Khosla Ventures doubles down
Khosla Ventures has invested in Even Healthcare since its seed round in 2021 and is now doubling down on its hospital model.
Even builds its own hospitals
Even Healthcare opened two hospitals in Bengaluru that reached operational profitability within a year of opening.
Even pays doctors fixed salaries
Even Healthcare pays doctors fixed salaries, not tying compensation to the number of tests or surgeries performed.
Even tracks patient recovery
Even Healthcare uses medical scoring systems like the Oxford Knee Score to track patient recovery after treatment.
Even claims cost savings
Even Healthcare reports an unplanned readmission rate of less than 1%, compared with an industry benchmark of 8% to 15%.
Even saves insurers money
Even Healthcare claims its approach has saved insurers more than ₹500 million (about $5.27 million).
Even faces financial challenges
Even Healthcare posted a net loss of ₹902 million (about $9.50 million) in fiscal 2025, nearly 25% more than the previous year.
The key point
Even Healthcare, backed by Khosla Ventures, aims to reduce hospital costs and improve patient outcomes in India through its own hospitals.
