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(L-R) Alessandro Ialongo, Matilde Giglio and Mayank Banerjee
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Moneycontrol•19-10-2026, 14:54
Even Healthcare Secures $50 Million in Series B Funding Led by Khosla Ventures
  • •Bengaluru-based managed care startup Even Healthcare raised $50 million in a Series B funding round led by Khosla Ventures, with participation from Alpha Wave.
  • •The new capital triples the company's valuation from its previous fundraise, bringing its total funding to over $120 million.
  • •Even plans to use the funds to open five new hospitals across Bengaluru over the next six months, starting with Indiranagar.
  • •The startup integrates healthcare delivery, financing, and patient management, operating on a model where doctors are incentivised by health outcomes rather than the number of procedures.
  • •Even currently serves more than 2.5 lakh members across 10 cities, achieving low unplanned readmission rates below 1 percent in its managed care programmes.

Key Questions Answered

Even Healthcare raised $50 million in a Series B funding round led by Khosla Ventures, with participation from Alpha Wave, bringing its total funding to over $120 million.

Even Healthcare plans to use the fresh capital to open five new hospitals across Bengaluru over the next six months, beginning with Indiranagar, as part of its strategy to build an integrated citywide hospital network.

Even combines a membership-based model with healthcare delivery, incentivising doctors based on patient recovery and outcomes rather than the number of procedures performed.