Even Healthcare, a managed care provider in Bengaluru, just got $20 million in new funding, which helps it stay near the top of India’s fast-growing healthcare platforms that put consumers first. The funding was led by current investors Lachy Groom and Alpha Wave, plus Sharrp Ventures also put money in. This brings Even Healthcare’s total funding to $70 million, and their company is worth double what it was last year, which shows investors trust their approach to healthcare.
This funding comes only a little over a year after Even Healthcare got $30 million in Series A funding back in October 2024. The company says they’ll use this new money to grow their hospital presence in Bengaluru and expand their managed-care hospital model, which combines primary care, tests, hospital stays, and recovery after leaving the hospital.
Even Healthcare, started in 2020, uses a membership-based healthcare model that focuses on keeping up with patient care instead of just trying to do a high volume of patients. Unlike regular hospitals that usually want more admissions and longer stays, Even focuses on results, recovery, and working together during the patient’s plan. From the very first appointment to tests, hospital stuff, and watching recovery at home, care teams are responsible for the whole process. This goes with what people in India want from healthcare.
Early numbers look pretty good. Even Healthcare said their first hospital was making money within half a year of opening, which is pretty impressive . Since opening their first location , the company has been watching outcomes across its network, reporting no unplanned readmissions within 30 days after over 350 surgeries, no infections after surgery, and stopping over 200 hospital stays by keeping an eye on recovery at home. The company also said that how long people stay in the hospital is about 40% shorter than other places.
These results push Even Healthcare forward in India’s D2C scene, where brands are increasingly winning customer trust by being open, advanced tech, and measurable results. As Indian customers are caring more about managing their health, care models that make things easier and improve recovery are getting popular.
What investors say shows this view for the long run. Lachy Groom and Alpha Wave support them, they believe in Even’s growth and how it will change how healthcare is delivered in cities. With healthcare costs going up and what patients want changing, Even Healthcare is using business innovation, health tech, and service that puts effects first—a field that’s getting more and more attention from investors all over the world.
The company plans to grow in Bengaluru while making its hospital-led managed-care system better before growing into other markets. healthcare is popping up with regular e-commerce.
