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Healthtech unicorn Pristyn Care has launched three new super-speciality hospitals, two in Delhi (Safdarjung Enclave and Malviya Nagar) and one in Gurugram, bringing the total count of its owned hospitals to five within a span of 75 days.
The three new hospitals have modular operating theatres, critical care units and specialised diagnostic labs. This new infrastructure will operate under the startup’s integrated healthcare ecosystem, which is designed to streamline treatment and recovery.
In addition to surgical services, the facilities at the newly launched hospitals include IVF laboratories and dermatology suites, extending its scope beyond core specialities to cater to a wide range of patient needs.
Pristyn Care has also announced plans to extend its hospital network to other major cities, including Mumbai, Bengaluru, Hyderabad, Pune, Chennai, Ahmedabad, Patna, Chandigarh and Coimbatore. Overall, it plans to establish 50 new hospitals in the next three years. As part of this expansion, it will hire 3,500+ healthcare professionals and rope in 750+ new doctors.
The startup intends to maintain its focus on general surgery, orthopaedics, ophthalmology, ENT, urology, gynaecology, IVF, dermatology and plastic surgery as it expands nationally.
“Our priority is to make safe, high-quality surgical treatment accessible across Delhi NCR, supported by modern infrastructure, expert doctors and patient-centric care… With these new hospitals, advanced care is now closer to patients, so they spend less time travelling and more time recovering,” said Pristyn Care cofounder Vaibhav Kapoor.
Founded in 2018 by Kapoor, Harsimarbir Singh and Dr Garima Sawhney, Pristyn Care connects patients with specialised surgeons at its partner hospital. But the startup’s recent foray into owned hospitals signals a strategic pivot towards vertical integration in healthcare delivery.
Integrated Hospitals To Offer Broader Range of Services
India’s healthcare market is projected to reach a size of $638 Bn in the ongoing fiscal year 2025-26 (FY26). Pristyn Care is strategically investing in hospital infrastructure and advanced technology to address the gaps in the Indian healthcare system.
With medical inflation on the rise and an uneven distribution of services, the startup aims to leverage technology to deliver accessible and high-quality care. This approach is particularly aimed at India’s growing middle class, which is expected to make up 60% of the population by 2047.
Pristyn Care is investing in arthroscopy, laser treatments and minimally invasive procedures. To further enhance healthcare delivery, it has introduced continuous medical education (CME) sessions, ensuring that healthcare professionals stay updated with the latest practices.
In addition, the startup is partnering with insurance providers to enable express discharge, reducing patient discharge times by over 90%.
Pristyn Care cofounder Singh said, “Our patient-centric technology speeds up admission, accelerates insurance approvals & discharge and frees doctors to focus on compassionate treatment. Every new hospital is designed to make the entire surgical journey easier and safer for patients and their families.”
How Pristyn Care Plans To Hit Profitability By 2026
Pristyn Care has turned its first hospital in South Delhi profitable in less than two months, as per the claims made by the company. They have put forth that the hospital has achieved a double-digit profitability within weeks of launch. As per the company, the hospital still has capacity to accommodate 30% more patient inflow, offering significant headroom for growth while maintaining high standards of care.
Pristyn Care’s consolidated revenue zoomed 28.03% year-on-year (YoY) to INR 632 Cr in FY24. Its net loss remained flat at INR 381.06 Cr in the fiscal year under review compared to INR 382.56 Cr in FY23.
While the startup is yet to release its FY25 financials, it was eyeing a 35% YoY revenue growth in the year. Further, it has set its sight on turning profitable in FY26. To achieve this, it achieved a 42% reduction in EBIDTA burn in its surgery business in FY24 and plans to reduce it further by 60% by the end of FY25.
Pristyn Care became a unicorn in 2021 after it raised $96 Mn in its Series E round at a valuation of $1.4 Bn from Peak XV Partners, Tiger Global, Winter Capital, Epiq Capital, and few other investors. The company has so far raised $177 Mn across funding rounds and is aiming for a Dalal Street debut by FY28.
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