Other Private Equity/Strategic Investments
Health-tech co. Pristyn Care to raise Rs.180-Cr from Spec Finance; demerges consumer brand BeatXP
Health-tech firm Pristyn Care is finalizing an investment of INR 180-Cr from the GIFT City-based financial institution Spec Finance. Founded in 2018 by Harsimarbir Singh, Vaibhav Kapoor, and Garima Sawhney, Pristyn Care operates a network of hospitals and clinics.As part of a strategic reset, Pristyn Care is demerging its consumer brand, BeatXP, into a separate entity to focus on sports footwear and athleisure. It is also scaling back its internal procurement initiative, MedX. The firm plans to use these changes to prioritise its own hospital network, aiming to expand from nine to approximately 20 hospitals over the next 12 to 18 months.
Between Jan 2019 and Jul 2025, Pristyn Care had attracted about $169-M from Epiq Capital, Hummingbird Ventures, Peak XV Partners, Tenacity Ventures, Tiger Global, Trifecta Capital, Others.For FY25, Pristyn Care had reported about INR 346 Cr in Operating Income and about INR 200 Cr in Net Loss.
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