Even Healthcare Raises $50 Million for Hospital Network Expansion
Bengaluru-based managed care startup Even Healthcare has secured $50 million in a Series B funding round, primarily to expand its hospital network within the city.
Even Healthcare, a managed care startup based in Bengaluru, has raised $50 million (approximately ₹475 crore) in a Series B funding round. The round was led by existing investor Khosla Ventures with participation from Alpha Wave.
The newly acquired capital will be primarily used to expand Even Healthcare's hospital network in Bengaluru. The company plans to open one new hospital by the end of 2026, followed by three more by the end of FY27. Currently, Even Healthcare operates two multi-speciality hospitals in the city.
Following this expansion in Bengaluru, the startup intends to enter other cities. Even Healthcare offers an integrated managed care model that combines preventive care, outpatient consultations, diagnostics, insurance access, hospitalization, and post-discharge recovery.
The company's model aims to reduce healthcare costs by managing patient health beyond individual hospital visits. Even Healthcare employs salaried doctors whose compensation is tied to patient outcomes rather than the volume of procedures, reporting reduced hospital stays and readmissions compared to industry averages.