posted on 27 Apr 2022
Our portfolio and Bengaluru healthcare startup Ayu Health has raised $27 million in its Series B round led by Fundamentum Partnership.
Ayu Health currently has a chain of 20 hospitals with 1000+ beds in Chandigarh and Bengaluru, where its proprietary technology allows hospitals to serve patients at lower costs, and maintain high medical quality standards.
With the Indian health tech market estimated to reach $21 billion by 2025, this figure is still a mere 3.3% of the total addressable healthcare market, set to reach $638 billion in 2025. Within this context, we are glad that our portfolio Ayu Health is well-positioned to meet the demands of this rapidly growing health tech market, by providing many more people with access to affordable healthcare.
Heartiest congratulations to the founders, Himesh Joshi, Arjit Gupta and Karan Gupta!
We are excited for our next phase of partnership, in realising Ayu Health's impactful vision together.