Startup Funding
Even Healthcare, a homegrown integrated managed care provider, has raised $20 million in a new funding round led by existing investors like Lachy Groom and Alpha Wave, and joined by new investors like Sharrp Ventures. The round brings Even’s total funding to $70 million and more than doubles the startup's valuation in under 12 months. Even Healthcare will use the capital to expand its hospital footprint in Bengaluru and scale its managed-care model, which is designed to optimise patient recovery and outcomes rather than hospital utilisation. Care teams remain accountable across the full patient journey, from early access through 24/7 teleconsultations and coordinated diagnostics to hospitalisation when needed and structured recovery support at home, helping prevent avoidable complications and admissions. With this announcement, the startup also reported that its first hospital reached operating break-even in under six months. Commenting on the news, Mayank Banerjee, Co-Founder, Even...