Pristyn Care

Last updated
Pristyn Care
Company type Private
Industry Healthcare
FoundedAugust 2018;5 years ago (August 2018)
FoundersHarsimarbir Singh, Dr. Vaibhav Kapoor & Dr. Garima Sawhney
Headquarters Gurugram, India
Area served
India
Key people
Harsimarbir Singh, Dr. Vaibhav Kapoor & Dr. Garima Sawhney [1]
Services
Number of employees
2000+ (2021)
Parent GHV Advanced Health Pvt Ltd.
Website www.pristyncare.com

Pristyn Care is a Gurugram based health-tech company that deals in minimal invasive medical and surgical interventions. [2] The organization has a network of more than 700 partnered hospitals and 100 clinics. [3] The company was started in 2018 and covers proctology, gynaecology, IVF, urology, vascular, otorhinolaryngology, laparoscopy, anaesthetics, and ophthalmology.

Contents

History

Pristyn Care was founded in 2018 by Harsimarbir Singh, Dr. Vaibhav Kapoor, and Dr. Garima Sawhney. [4]

In 2019, Pristyn Care had around 70 clinics with over 250 partnered hospitals across 14 cities, and 70 in-house surgeons. [5] Over time, the company expanded the services and acquired more clinics, hospitals, and doctors. Currently, with over 100 clinics, 700 partner hospitals, and 300 in-house super-specialty doctors, the company is present in over 40 cities across India. [3]

Pristyn partnered with Urban Company to provide home-based online medical consultation and supplies in 2020 during COVID-19 Lockdown. [6] It also donated 10,000 masks to Delhi police to support the control of the pandemic. [7]

In December 2021, Pristyn Care underwent a Series E funding round in which Sequoia Capital valued the company at $1.4 billion, giving the company unicorn status. [8] [9]

Funding rounds

As a healthcare delivery startup, Pristyn Care raised $4 million in the Series A round of funding from Sequoia Capital India in June 2019. [10]

In December 2019, the company raised $12 million (₹85 crore) in a Series B funding round again led by Sequoia Capital India, Hummingbird Ventures, Greenoaks Capital, and AngelList. [11]

In September 2020, Series C funding led by Hummingbird Ventures, Sequoia Capital, Greenoaks Capital, AngelList, Epiq Capital, and Redwood Trust raised ₹86.4 crores to further support the company's growth and vision. [12]

In April 2021, Pristyn Care got $53 million in the Series D funding round led by Tiger Global Management. This funding increased the company's valuation to more than $550 million. [13]

In the latest Series E funding round led by marquee investors, including Sequoia Capital, Tiger Global, Epiq Capital, Hummingbird Ventures, and Trifecta Capital, Pristyn Care raised $96 million. [9]

Marketing campaigns

In September 2021, Pristyn Care onboarded Hrithik Roshan for their marketing campaign titled "Surgery Mein Care". The campaign was released directly on Disney+ Hotstar and Star Sports. The campaign was designed by advertising agency BBDO, and Indian film writer and director Siddharth Anand was involved in its production.[ citation needed ]

Before this campaign, several other campaigns were also run by Pristyn Care starring Boman Irani, Dilip Joshi, Ravindra Jadeja, Chef Ranveer Brar, Anup Soni, Deepak Rathore, Sumeet Raghvan, and Vinay Pathak. [14]

Acquisition

In June 2022, Pristyn Care acquired the health-tech platform Lybrate. As part of the acquisition, 150 employees from Lybrate joined Pristyn Care. [15] [16]

Controversies

In September 2022, Pristyn Care co-founder Harsimarbir Singh faced widespread backlash online following a LinkedIn post in which he shared his "interview hacks" designed to weed out prospective job candidates. [17] [18] Tactics Singh shared included making applicants wait six to eight hours to test their patience, scheduling interviews in early morning hours or late at night, scheduling interviews on Sunday and making outstation candidates to show up to the office the next day. [17] Singh deleted his post, but screenshots of it circulated the internet, where it was negatively received. [17]

Awards and recognition

Related Research Articles

Sequoia Capital is an American venture capital firm headquartered in Menlo Park, California which specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors. As of 2022, the firm had approximately US$85 billion in assets under management.

Zomato is an Indian multinational restaurant aggregator and food delivery company. It was founded by Deepinder Goyal and Pankaj Chaddah in 2008. Zomato provides information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in more than 1,000 Indian cities and towns, as of 2022–23. Zomato rivals Swiggy in food delivery and hyperlocal space.

Freecharge is an Indian financial services company based in Gurgaon. It allows users to pay bills such as electricity, gas and telephone, as well as recharge mobile, broadband, DTH and metro cards.

Byju's is an Indian multinational educational technology company, headquartered in Bangalore. It was founded in 2011 by Byju Raveendran and Divya Gokulnath. As of January 2024, Byju's made a valuation ask of $200 million, a sharp fall given its peak valuation of $22 billion in 2022. As of April 2023, the company claims to have over 150 million registered students.

CleverTap is a California-based SaaS company that offers customer lifecycle management and mobile marketing services. The company was established in May 2013, and is headquartered in Mountain View, California. CleverTap's platform is built on a database designed to optimize both speed and scalability, enhancing user engagement for its clients.

Lybrate is a mobile healthcare technology company that developed an online platform to connect doctors and patients. The company was founded in 2013 and is headquartered in Delhi, India. The service allows patients to connect with the doctor online through a video call or schedule an appointment and can get info about medication.

Doubtnut is an Indian educational app started by Tanushree Nagori and Aditya Shankar. Doubtnut is available as an Android application on Play Store or by accessing its official website.

Pine Labs is an Indian company that provides point of sales systems and payment systems, founded in 1998. The company has a valuation of over US$5 billion.

<span class="mw-page-title-main">CARS24</span> Online used car marketplace

CARS24 is an Indian multinational online used car marketplace headquartered in Gurgaon. The company is considered among the four major organised players in the used car segment in India.

<span class="mw-page-title-main">Cred (company)</span> Indian financial technology company

CRED is an Indian fintech company, based in Bangalore. Founded in 2018 by Kunal Shah, it is a reward-based credit card payments app. Cred also lets users make house rent payments and provides short-term credit lines. Cred has received criticism for being overvalued and lacking a sound monetization strategy.

Clover Health Investments, Corp is an American health care company founded in 2014. The company provides Medicare Advantage (MA) insurance plans and operates as a direct contracting entity with the U.S. government. The company manages care for Medicare beneficiaries in 11 states and started trading publicly on January 8, 2021.

Wiz is an Israeli cloud security startup headquartered in New York City. The company was founded in January 2020 by Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak, all of whom previously founded Adallom. Rappaport is CEO, Costica is VP of Product, Reznik is VP of Engineering, and Luttwak is CTO. The company's platform analyzes computing infrastructure hosted in AWS, Azure, GCP, OCI, and Kubernetes for combinations of risk factors that could allow malicious actors to gain control of cloud resources and/or exfiltrate valuable data.

Unacademy is an Indian multinational educational technology company that provides online educational platform with its headquarters in Bangalore. It prepares students for various competitive exams, as well as provides content on foundational (K-12) and skill building courses. It was founded by Gaurav Munjal, Hemesh Singh and Roman Saini in 2015. As of May 2022, Unacademy was valued at US$3.44 billion.

Contrary is a San Francisco-based venture capital firm. Formed in 2016, the firm invests across early stage companies in North America and India. Select investments from the firm include DoorDash, Anduril, Ramp, Zepto, and Vise.

Kate Ryder is an American businessperson. She is known as the founder and CEO of the digital health company Maven Clinic.

StarkWare Industries is an Israeli software company that specializes in cryptography. It develops zero-knowledge proof technology that compresses information to address the scalability problem of the blockchain, and works on the Ethereum platform. In May 2022, the company's estimated value was $8 billion, an increase from $2 billion six months earlier.

<span class="mw-page-title-main">CIIE.CO</span> Indian startup accelerator

CIIE.CO is an Indian startup accelerator and incubator that supports early-stage startups located at IIM Ahmedabad in Ahmedabad, India. It was founded in 2002 to promote innovation and entrepreneurship in India. It is a Center of excellence set up at Indian Institute of Management Ahmedabad with support from the Government of India's Department of Science and Technology and the Government of Gujarat.

Licious is an e-commerce service that sells seafood and meat, in addition to ready-to-cook and ready-to-eat products. It is operated by Delightful Gourmet Private Limited and headquartered in Bangalore. It was launched in 2015 by Abhay Hanjura and Vivek Gupta.

Tebra is an American company that develops healthcare software. As of 2023, the company supports more than 150,000 healthcare providers covering approximately 123 million patients in the United States. In 2022, the company reached unicorn status with a valuation of over $1 billion.

References

  1. ↑ "Healthcare startup Pristyn Care raises $96 million, joins Unicorn club". www.business-standard.com. 16 December 2021. Retrieved 28 December 2021.
  2. ↑ Mathawan, Rohan (2020-09-23). "How Pristyn Care Is Contributing To Healthcare Amidst COVID-19?". TechStory. Retrieved 2021-03-21.
  3. 1 2 "Healthcare start-up Pristyn Care becomes India's latest unicorn". www.thehindubusinessline.com. December 15, 2021. Retrieved December 28, 2021.
  4. ↑ "Healthcare startup Pristyn Care raises $96 million, joins Unicorn club". www.business-standard.com. 16 December 2021. Retrieved 28 December 2021.
  5. ↑ "Healthcare startup Pristyn Care raises $12 million led by Sequoia India, others". Live Mint. December 18, 2019. Retrieved December 28, 2021.
  6. ↑ Murdoch, Adrian (2020-06-03). "India: Pristyn Care partners with Urban Company to offer telemedicine services". LaingBuisson News. Retrieved 2021-03-21.
  7. ↑ "Pristyn Care to provide medical masks to Delhi police". @businessline. Retrieved 2021-03-21.
  8. ↑ Shah, Sneha (2021-12-08). "Pristyn Care turns unicorn after $100 million funding led by Sequoia Capital". The Economic Times . The Times Group . Retrieved 2022-09-05.
  9. 1 2 "Healthcare startup Pristyn Care raises $96 million, joins Unicorn club". Business Standard.
  10. ↑ "Pristyn Care raises $4M Series A funding led by Sequoia India". The Economic Times.
  11. ↑ "Healthcare startup Pristyn Care raises $12 million led by Sequoia India, others". Mint.
  12. ↑ "Gurugram-based healthtech startup Pristyn Care raises ₹86 crore". Inshorts.
  13. ↑ "Tiger Global backs Pristyn Care at over $550 million valuation". The Economic Times.
  14. ↑ "Ravindra Jadeja Tweets Actor Dilip Joshi's Adorable on-set Story". Hindustan Times. 2021-07-23. Retrieved 2022-01-06.
  15. ↑ "Pristyn Care acquires digital healthcare platform Lybrate". Moneycontrol. Retrieved 2023-01-14.
  16. ↑ "Pristyn Care acquires Lybrate to enter primary care". The Times of India. June 7, 2022. Retrieved 2023-01-14.
  17. 1 2 3 "'True Face Of Corporate Culture': Pristyn Care Co-founder's 'Unreal' Interview Hacks Rejected By Internet". India Times . 2022-09-04. Retrieved 2022-09-05.
  18. ↑ "After '18-hour work day' fiasco, Pristyn Care co-founder's 'interview hacks' come under fire from netizens". The Tribune . Retrieved 2022-09-05.
  19. ↑ "This Meril Academy Certified 'Centre of Excellence' is revolutionising Proctology Healthcare in India". www.mid-day.com. 2021-02-03. Retrieved 2022-01-21.
  20. ↑ "Harsimarbir Singh, Vaibhav Kapoor, Garima Sawhney - India's Young & Brightest Entrepreneurs in 40 Under 40 2021 - Fortune India". www.fortuneindia.com. Retrieved 2022-01-21.
  21. ↑ "LinkedIn Top Startups 2019: The 25 hottest Indian companies to work for now". www.linkedin.com. Retrieved 2022-01-21.
  22. ↑ "LinkedIn Top Startups 2021: The 25 Indian companies on the rise". www.linkedin.com. Retrieved 2022-01-21.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.