Pristyn Care

Pristyn Care

A digital platform for scheduling both in-person and virtual consultations

Founded

2018

Headquarters

Gurugram (India)

Status

Series E

Company Details

Website

Socials

Email

Phone

+91 - 7303763211

Pristyn Care is a leading health-tech company specializing in minimally invasive surgical and medical interventions, it operates through a robust network of over 800 partner hospitals, 150+ clinics, and a panel of 400+ super-specialist surgeons, providing advanced surgical solutions in specialties such as proctology, urology, gynecology, ENT, vascular, laparoscopy, and ophthalmology.

Business Model & Revenue Streams

Pristyn Care operates on a hybrid healthcare delivery model, integrating digital technology with a network of partner hospitals and clinics.Its primary revenue streams are:

  • Surgical and Healthcare Service Fees: The largest revenue source comes from fees charged to patients for surgeries and associated healthcare services, including diagnostics, pre-operative, and post-operative care.

  • Insurance Partnerships: Pristyn Care has tie-ups with insurance providers to offer cashless treatments. The company receives reimbursements or commissions for facilitating insurance claims and processing, which adds a significant revenue stream.

  • Direct Patient Payments: Patients without insurance coverage pay out-of-pocket for procedures, consultations, and bundled care packages, providing a steady cash flow.

  • Subscription Plans: The company offers premium health management plans on a subscription basis, giving patients access to personalized and priority healthcare services for a monthly or annual fee.

  • Value-Added Services: Additional revenue is generated from services such as telemedicine consultations, remote monitoring, physiotherapy, and medical supplies, often bundled as post-surgery care packages.

  • Partnership and Referral Fees: Pristyn Care earns referral fees and commissions through collaborations with hospitals, clinics, and diagnostic centers, expanding its reach and service portfolio.

Customer Segmentation

  • B2C : Individual patients seeking elective or minimally invasive surgeries.

  • B2B: Partnerships with hospitals, clinics, diagnostic centers, and insurance companies.

Growth Strategy

Pristyn Care’s growth strategy is multi-pronged:

  • Geographic Expansion: Aggressively expanding to new cities and semi-urban/rural areas to tap into underserved markets, supported by digital platforms and telemedicine.

  • Service Diversification: Broadening its portfolio to include new surgical specialties (e.g., orthopedics, cosmetic surgery) and entering primary healthcare through acquisitions.

  • Technology Integration: Investing in AI, data analytics, and advanced surgical technologies to enhance patient outcomes and operational efficiency.

  • Strategic Partnerships: Collaborating with leading hospitals, insurance providers, and technology companies to scale operations and improve service quality.

  • Continuous Innovation: Focus on R&D for new surgical techniques and patient engagement initiatives.

Industry Differentiators

Unlike traditional hospital chains, Pristyn Care’s asset-light and technology-driven model allows for rapid scalability and lower overheads. Its focus on minimally invasive, elective surgeries-combined with digital patient journeys and comprehensive aftercare-sets it apart from both legacy hospitals and pure-play telemedicine startups. The company’s ability to offer bundled services, cashless insurance options, and personalized care at scale is a key differentiator in the competitive Indian healthcare landscape.

Conclusion

Pristyn Care’s unique blend of technology, strategic partnerships, and patient-centric services has enabled it to disrupt the elective surgery segment in India, making it a compelling case study for investors and industry observers .

Key People

Dr. Garima Sawhney

Harsimarbir Singh

Dr Vaibhav Kapoor

Key Metrics

Total Equity Funding

$181 Million

No. of Funding Rounds

5

Latest Funding Round

$100 Million, Series E

as of December 7, 2021

Post Money Valuation

$1.4 Billion

as of December 7, 2021

Funding Multiple

7.73

as of December 7, 2021

Investors

Sequoia Capital

and 3 more

Employee Count

1497

Similar Companies

Proactive For Her

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
December 7, 2021Series E $100 Million$1.4 Billion $37.5 Million-Tiger Global Management, Hummingbird Ventures, Epiq Capital Advisors, Trifecta Capital, Rockstone Ventures, Sequoia Capital, QED Innovation Labs, Amber Winter, Peak XV Partners
April 16, 2021Series D $53 Million$551 Million $16.2 Million- Tiger Global Management, Hummingbird Ventures, Epiq Capital Advisors, Peak XV Partners, Sequoia Capital
September 24, 2020Series C $11.7 Million$250 Million $8.8 Million-Epiq Capital Advisors, Hummingbird Ventures, Greenoaks, Peak XV Partners, Sequoia Capital
November 14, 2019Series B $12 Million$103 Million $2.9 Million-Hummingbird Ventures, Greenoaks, Peak XV Partners, Sequoia Capital
January 29, 2019Series A $4 Million$146 Million-- Sequoia Capital, Peak XV Partners

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