PB Healthcare's Ambitious Hospital Expansion Underway

PB Fintech’s healthcare arm, PB Healthcare Services, has marked a major milestone with its first hospital acquisition, completed on April 30. The acquisition adds 200 beds to its network and signals the company’s serious entry into India’s healthcare sector.

Chairman and Group CEO Yashish Dahiya shared that the company plans to launch four to five hospitals over the next year, with a long-term goal of acquiring between 25 and 50 hospitals. This growth strategy follows PB Healthcare’s successful equity funding round, which raised USD 218 million (Rs 1,848 crore). The round was led by U.S.-based venture capital firm General Catalyst, with participation from institutional investors and PB Fintech itself. Post-transaction, PB Fintech will retain a 26% stake in PB Healthcare, while General Catalyst is expected to hold approximately 20%.

PB Healthcare aims to create an insurance-integrated healthcare delivery network, shifting the focus from reactive to proactive and affordable care—particularly for India’s growing middle class. This strategic move extends PB Fintech’s reach beyond insurance and financial services, leveraging its digital capabilities and financial backing to bring innovation to India’s fragmented healthcare landscape.

News by Rahul Yelligetti.