PB Healthcare Services, commonly known as PB Health, has raised $218 million in the initial phase of its seed funding round. This investment was spearheaded by General Catalyst, with PB Fintech and other external investors also participating.

The newly acquired capital will support the development of PB Health’s hospital network in the Delhi NCR region and enhance the company’s tech-driven healthcare and insurance platform. The startup envisions a fully integrated ecosystem that combines its own hospital infrastructure with advanced technology, data analytics, and preventive care strategies to deliver improved health outcomes and a seamless patient experience.

Yashish Dahiya, Chairman and Group CEO of PB Fintech, expressed enthusiasm about the collaboration with General Catalyst, citing their expertise in health tech investments. He emphasized PB Health’s mission to establish a tech-first healthcare system that delivers trustworthy, efficient, and high-quality care for millions of Indians.

Neeraj Arora, Managing Director at General Catalyst, stated that the firm is committed to helping PB Health reimagine healthcare in India. He noted the potential for India to bypass outdated healthcare models and instead build a resilient and inclusive health assurance system that is both proactive and affordable.

PB Health’s model focuses on delivering cashless, connected care by integrating insurance directly with treatment. This approach aims to offer more consistent access to healthcare while ensuring transparency and affordability for the Indian middle class.