Faering Capital, Bay Capital, others join General Catalyst in PB Healthcare’s $218 million maiden funding round

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PB Healthcare, the healthcare business incubated by Policybazaar parent PB Fintech, has raised its first institutional funding from private equity major Faering Capital, India-focussed equity investor Bay Capital, US-based Think Investments, growth-stage venture fund Avataar Venture Partners, Select Group, and some angel investors.

The $218 million equity funding round, which was announced back in May 2025, was led by global investment firm General Catalyst.

Sharing details on its plans for the healthcare space, the company said in a release that it is…



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Faering Capital, Bay Capital, others join General Catalyst in PB Healthcare’s $218 million maiden funding round



PB Healthcare, the healthcare business incubated by Policybazaar parent PB Fintech, has raised its first institutional funding from private equity major Faering Capital, India-focussed equity investor Bay Capital, US-based Think Investments, growth-stage venture fund Avataar Venture Partners, Select Group, and some angel investors.

The $218 million equity funding round, which was announced back in May 2025, was led by global investment firm General Catalyst.

Sharing details on its plans for the healthcare space, the company said in a release that it is…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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