Healthcare company Pristyn Care has raised USD 4 million in new funding to expand its owned hospital network. The investment comes from existing investors Peak XV Partners and Hummingbird Ventures, based on regulatory filings and company sources.
The board of Pristyn Care approved the issue of 34,280 Series E1 compulsorily convertible preference shares at Rs 10,038.16 per share, matching the share price of the previous round. This suggests the company’s valuation remains steady.
Pristyn Care Funding
This funding round is part of a larger plan, as Pristyn Care is reportedly in talks to secure up to USD 100 million from both new and current investors. To support its expansion, the company has increased its authorised capital.
Recently, Pristyn Care opened eight new hospitals, increasing its network to around 200,000 square feet and roughly 450 beds. The company aims to double its capacity by December 2025 by adding over 10 new hospitals.
Reports Steady Revenue
For the financial year ending March 2024, Pristyn Care recorded a 30% rise in operating revenue, reaching Rs 600 crore. Losses during the same period stayed stable at Rs 381 crore, showing controlled spending even as the business grew.
This push for expansion highlights the company’s commitment to becoming a major player in the hospital sector while balancing growth with financial stability.
Olto Transforms Sales
Meanwhile, San Francisco-based AI startup Olto has raised USD 5.1 million in a pre-seed funding round led by Nexus Venture Partners and The General Partnership. The round also included Afore Capital, Recall Capital, Ligature, FirstHand, and several well-known founders and tech leaders.
Olto aims to change the B2B sales process by using AI to create context-aware demo environments and interactive product tours automatically, making demos faster and more personalised.
Focuses on Personalisation
Founded by former Amazon executives Kintan Brahmbhatt and Jean-Baptiste Chaput along with founding engineer Pranav Midha, Olto wants to bring Amazon-style personalisation to business software.
The AI-powered platform connects directly with CRM systems and live products, cutting demo preparation time by up to 80% and helping sales teams improve conversion rates.
These funding rounds show how both healthcare and AI startups are driving innovation and growth in their industries.
