Why Policybazaar-backed PB Health is doubling down on hospitals
New Delhi, Sept. 22 -- PB Health, backed by PB Fintech (the parent company of online insurance marketplace Policybazaar's parent company) plans to invest about Rs.10,000 crore over the next few years to build a 500-hospital network, which aims to integrate healthcare delivery with insurance.
The healthcare venture, launched in 2025, aims to shift away from the existing corporate hospital models that focus on providing services for a fee-often resulting in longer hospital admissions-to preventive care, PB Fintech's chairman and group chief executive officer (CEO) Yashish Dahiya, said in an interview.
The venture, which has already raised about Rs.1,900 crore in a seed round led by General Catalyst, operates two hospitals in the National ...
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