PB Healthcare Services, a newly formed health-tech venture and former wholly-owned subsidiary of PB Fintech Limited, has announced the successful closure of the first tranche of its seed funding round, raising a total of ₹1,461 crore (approximately $171 million).
According to filings with the National Stock Exchange (NSE), PB Fintech has already infused ₹539.4 crore into PB Healthcare, with the remainder of the capital set to come from a group of external investors. This funding marks a significant step in the company’s ambitious journey to build and scale high-quality healthcare infrastructure across India.
Strategic Investment and Stake Dilution
In FY26, PB Fintech had passed a board resolution to invest up to ₹696 crore in PB Healthcare through equity or preference shares. As part of this commitment, ₹539.4 crore has now been deployed. With the participation of new investors, PB Fintech’s stake in PB Healthcare has reduced from 100% to 32.14%, signaling a strategic shift in ownership and growth strategy.
In tandem with the funding, PB Healthcare has also announced the creation of an Employee Stock Ownership Plan (ESOP) pool. This initiative is designed to attract and retain top healthcare and operational talent as the company scales its footprint.
Focus on Expansion and Infrastructure Development
Founded in January 2025, PB Healthcare Services aims to establish a network of hospitals with a combined capacity of 1,000 beds within its first year. The company plans to begin operations in the National Capital Region (NCR), with subsequent expansion into other major metropolitan cities across India.
The capital raised will be utilized to:
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Accelerate infrastructure development
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Strengthen operational capabilities
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Build a high-performing leadership and medical team
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Support geographic expansion into key urban markets
“The dilution in shareholding is a strategic move to onboard marquee investors and create a robust ESOP pool,” the company stated in its official filing. “This will help fuel PB Healthcare’s vision of making quality healthcare more accessible.”
A New Chapter for PB Fintech in Healthcare
PB Fintech, known for platforms such as Policybazaar and Paisabazaar, is leveraging its digital expertise and financial strength to diversify into healthcare services—a sector poised for rapid growth in India. The transition from a wholly-owned unit to an investor-backed entity allows PB Healthcare to operate with greater flexibility and independence as it builds clinical infrastructure from the ground up.