PB Healthcare, PB Fintech Subsidiary, Raises $218 Million Led by General Catalyst to Build 1,000-Bed Hospital Network and Drive Health-Tech Innovation

PB Healthcare Services, a subsidiary of PB Fintech focused on building a hospital network, has secured $218 million (approximately Rs 1,848 crore) in its first major equity funding round. The investment round was led by General Catalyst and aims to establish a 1,000-bed hospital network in the Delhi NCR region while advancing health-tech innovation. This funding marks a significant step in PB Healthcare's expansion plans within the healthcare sector. Additional tech and startup sector developments include Prosus Ventures' $8.6 billion investment in India, Porter’s recent unicorn funding round, and new executive appointments such as Peeyush Ranjan joining Meraki. Meanwhile, discussions continue around AI pilot scalability and regulatory matters involving Paytm and SEBI.