Private Equity PE Fund Investments
Diagnostic chain Orange Health raises $25-M from Bertelsmann India, others
Orange Health, a Bengaluru-based diagnostics lab service startup, has raised $25 million in a Series B round led by Bertelsmann India Investments and General Catalyst. Existing investors including Accel, Y Combinator, Good Capital, and Uncorrelated Ventures also participated.
Orange Health provides diagnostic lab services across Bengaluru and National Capital Region (NCR). The startup will use the new capital for product development, generating a better user experience, and building laboratories. It also plans on expanding into new markets and strengthening teams across functions.
Orange Health had raised USD 10 million in a Series A round from Accel in 2021.