Even Healthcare raises $50 million in Series B funding
In short
Even Healthcare has raised $50 million in a Series B round led by Khosla Ventures. It plans to open five hospitals in Bengaluru over the next six months, starting with Indiranagar.
This matters because the company is using the money to expand its hospital network in one city. The reports say total funding is now above $120 million, but they do not give the new valuation number.
What the reporting says
Even Healthcare raised $50 million in a Series B round led by Khosla Ventures, with fresh capital to be used for five new hospitals in Bengaluru over the next six months. The reporting says the first hospital will be in Indiranagar and that total funding has moved past $120 million. It does not state the full investor list or the post-money valuation figure.
Why it matters
Even Healthcare closed a $50 million Series B round led by Khosla Ventures and plans to use the funds to open five hospitals across Bengaluru over the next six months, starting with Indiranagar. The reporting says total funding is now above $120 million and that the company’s valuation has tripled from its previous fundraise. The immediate implication is a larger hospital footprint, but the full investor roster and exact valuation are not stated.