Delhi-based healthtech startup Visit Health raises over Rs 250 crore

Delhi-based healthtech startup Visit Health has raised over Rs 250 crore or over $30 million in a combination of primary and secondary purchases of stakes in the company held by Docprime Technologies, the current promoters and employees.

The startup also announced its second ESOP (Employee Stock Ownership Plan) buyback.

Expanding business operations

Visit Health plans to use the raised capital to expand its business operations. A key part of this expansion involves a strategic partnership with TatvaCare, a company specializing in the health and wellness sector.

"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," said Vaibhav Singh, Co-founder and Managing Director of Visit Health.

TatvaCare's CEO, Manoj Balaji, added, "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."

Notably, DocPrime is an existing investor in Visit Health. In October 2021, DocPrime invested around $7.5 million in the startup.

It is also backed by investors such as MapmyIndia, Snapdeal co-founders Kunal Bahl and Rohit Bansal, and Hetero Drugs Director Murali Krishna.

What does Visit Health do?

Founded in 2016 by BITS Pilani alumni Vaibhav Singh, Anurag Prasad, Shashvat Tripathi and Chetan Anand, Visit Health offers a range of wellness and outpatient department (OPD) services for SMEs and corporates’ employees and their families.

The startup claims to serve more than 400 companies, over 4,500 small businesses, and 15 insurers through its extensive network of medical service providers.