From mint · Rwit Ghosh · · 1m
Even Healthcare raises $50 million for Bengaluru hospital expansion
Even Healthcare secures $50m funding to build five Bengaluru hospitals by 2027.
In brief
Even Healthcare secures $50m funding to build five Bengaluru hospitals by 2027. Even Healthcare raised $50 million from Khosla Ventures to expand its hospital network across Bengaluru with five hospitals planned by early 2027. Originally reported by mint.
Funding round
Even Healthcare raised $50 million in a Series B funding round led by Khosla Ventures.
Current hospitals
Even Healthcare runs two hospitals with a third under construction.
Financial performance
Even Healthcare's revenue rose to $3.2 million in FY25 from $1 million in FY24.
Losses widened
Losses widened to $10.7 million from $8.7 million in FY25.
Expansion target
Even Healthcare aims to have five Bengaluru hospitals by early 2027.
Hospital coverage
The goal is for no one in Bengaluru to be more than 5 km from a hospital.
Healthcare model
Even Healthcare integrates hospitals, insurance and prevention to reduce healthcare friction.
The main idea
Even Healthcare raised $50 million from Khosla Ventures to expand its hospital network across Bengaluru with five hospitals planned by early 2027.
