Even Healthcare, which is based in Bengaluru, India, has raised around $30 million from Khosla Ventures, which itself is based in Silicon Valley. Other USA-based investors like 8VC, Lachy Groom, and Founders Fund have also participated in this round of funding.
The proceeds from this funding will be used to scale the patient care and resource processes and to launch hospital operations in Bengaluru city of India.
Even Healthcare was founded by Mayank Banerjee, Matilde Giglio, and Alessandro Davide Ialongo in the year of 2020 with a vision to disrupt the managed care provider sector and to provide benefits like cashless hospitalizations, Unlimited nutrition & therapy, All in one app for primary care, diagnostic tests, and unlimited free consultations to its members.
The company is providing its services to both B2b and B2C customers, and with a very high retention rate of 95% and the company is expecting to have strong results in the years ahead. Even Health has generated $28 million in revenue in 1.5 years back and is doing its best to sustain the momentum.
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