Healthtech startup Visit Health raises over Rs 250 Cr

Healthtech startup Visit Health has raised over Rs 250 crore in a transaction comprising primary capital infusion and secondary purchase of stake in the company held by Docprime Technologies Pvt Ltd, a wholly owned subsidiary of PB Fintech, apart from promoters and employees.

The startup has also announced its second ESOP buyback.

Founded in 2015 by BITS Pilani graduates Vaibhav Singh, Shashvat Tripathi, Chetan Anand, and Anurag Prasad, Visit Health allows corporate employees to manage their healthcare needs using their smartphones. The company, in a release, stated that the funds will enable it to expand its business.

The startup enables people to connect with doctors on the go, while travelling or at work. It provides wellness & OPD services to over 400 corporate firms, 4,500 SMEs, and 15 insurers through a vast cashless network of medical service providers across India.

Visit Health’s business expansion also involves a strategic partnership with TatvaCare, a company that specialises in the health and wellness space.

With the new investment and strengthened partnership with TatvaCare, Visit Health aims to achieve new benchmarks in providing accessible, cost-effective, and quality healthcare to all, the release stated.

Vaibhav Singh, Co-founder and Managing Director of Visit Health, said, "With the strengthened partnership with TatvaCare, we are poised to expand our cashless network, services, and enhance our commitment to delivering accessible, high-quality healthcare to everyone."

TatvaCare's CEO, Manoj Balaji, said, "Our partnership with Visit Health aligns perfectly with our vision of transforming healthcare delivery. By working closely together, we can leverage our combined strengths to offer innovative solutions that meet the evolving needs of patients."

(The copy was updated with additional information.)