$50 million Series B led by Khosla Ventures, its third time leading a round in the company, with Alpha Wave. Total funding passes $120 million, and the company says its valuation has tripled.
Even is paid through memberships covering primary care, diagnostics and hospitalisation, so it gains when members stay healthy and stays are short, the reverse of fee-for-service hospitals.
The money funds five new Bengaluru hospitals in six months. Its first, opened in 2025, reached operating break-even within six months, the company says, with no unplanned readmissions across 350-pl…
FY25 revenue was ₹25.4 crore against a ₹90.2 crore loss, FY26 accounts are not yet filed, and the company cut about 350 jobs in August.
It has 2.5 lakh-plus members across 10 cities, but its hospitals are only in Bengaluru, so the fully integrated version of the model exists in one city.
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