Even Healthcare has raised $20 million in a funding round led by existing investors Lachy Groom and Alpha Wave. In another development, FutureCure Health has raised $11.5 million led by Carnelian Asset Management LLP.
Even Healthcare raises $20m
Bengaluru-based health technology company Even Healthcare has raised $20 million in a funding round led by existing investors Lachy Groom and Alpha Wave, with participation from new investor Sharrp Ventures.
With the latest infusion, the company’s total funding has reached $70 million.
The fresh capital will be used to expand its hospital footprint in Bengaluru and deepen its managed-care hospital model.
Founded in 2020 by Giglio, Mayank Banerjee, and Alessandro Ialongo, Even Healthcare provides its members with unlimited free consultations, diagnostics tests, and cashless hospitalisation through its in-house clinical team and insurance partners.
The company last raised $30 million in its Series A funding round led by Silicon Valley-based Khosla Ventures.
Carnelian leads $11.5m funding in FutureCure Health
Healthcare technology company FutureCure Health has raised $11.5 million (Rs 104 crore) in a funding round led by Carnelian Asset Management LLP, according to a company press release.
The round also included participation from additional investors.
The investment follows a previous $4-million fundraise in 2022, which was supported by Kotak Alternate Asset Management, RVCF Ventures, and Unicorn India Ventures.
The company plans to use the newly raised capital to broaden access to the diagnosis and treatment of vertigo.
Founded in 2015 by Rajneesh Bhandari and Anita Bhandari, FutureCure Health operates a chain of vertigo and dizziness clinics under NeuroEquilibrium, which has expanded to over 300 clinics in India and 16 countries.
