16 September 2021 | News
Aims to expand to 5000 beds in six cities by December 2022
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Ayu Health, a health-tech startup based in Bengaluru has raised $6.3M in Series A financing from Vertex Ventures and Stellaris Venture Partners. The round also saw participation from marquee angel investors including Varun Alagh of Mamaearth, Ashish Gupta of Helion and Rajat Goel of EyeQ Hospitals.
Founded in 2019, Ayu Health has over 20 hospitals in Chandigarh and Bengaluru - all accredited by National Accreditation Board for Hospitals & Healthcare Providers (NABH) - making it one of the largest hospital chains in these cities.
The startup enables its network hospitals with technology to maintain high clinical standards and provide a better patient experience at an affordable cost.
The fund infusion will help Ayu expand its hospital network and build new technology solutions to enable insurance processing, efficient procurement and clinical quality management at network hospitals.
Ayu Health expects to grow its business 10x in FY22 and expand its bed capacity to 5000+ beds in six cities by December 2022.