Archive · 6 Nov 2025
PB Health Acquires Fitterfly, Secures $218 Million Seed Funding
A new company called PB Health, which is part of the same group as Policybazaar, is getting a lot of money ($218 million) to build a better way to get healthcare in India.
They are buying another company called Fitterfly, which helps people with long-term health problems like diabetes and heart issues using technology.
PB Health wants to bring hospitals, doctors, and insurance all together in one place.
They plan to build many hospitals and use technology to help people stay healthy and avoid getting seriously sick.
Their goal is to make healthcare easier to access, more trustworthy, and focused on preventing problems before they start.
PB Health, a venture from PB Fintech, has acquired the digital health company Fitterfly for an undisclosed amount.
PB Health also announced securing $218 million in seed funding from investors including General Catalyst, Faering Capital, and others.
The company aims to build an integrated healthcare ecosystem connecting hospitals, doctors, insurers, and patients.
PB Health is developing a 1,200-bed network in Delhi NCR, starting with facilities in Noida and Gurgaon.
The acquisition and funding support PB Health's goal to reduce avoidable hospitalizations and provide care to the uninsured through a prevention-first, tech-enabled model.
- Who
- PB Healthcare (a venture of PB Fintech)
- What
- Acquired Fitterfly and announced $218 million in seed funding for its integrated healthcare ecosystem.
- When
- November 6, 2025
- Where
- Fitterfly is based in Mumbai; PB Health is building its network in Delhi NCR.
- Why
- To build a tech-first healthcare platform that reduces avoidable hospitalizations, extends health assurance to the uninsured, and creates a frictionless, high-quality care experience.
PB Health's Strategy
Fitterfly's Contribution
Focus of Acquisition
PB Health's Strategy
PB Health aims to build a care model that reduces avoidable hospitalizations and extends health assurance to the uninsured, with Fitterfly's preventive programs being a key part of this.
Fitterfly's Contribution
Fitterfly's existing offerings in diabetes reversal, obesity management, and heart health, along with its clinical validation and IP, will add significant value to the PB Health platform.
Broader Healthcare Vision
PB Health's Strategy
PB Health's vision is to create a tech-first integrated healthcare ecosystem where patients experience frictionless, high-quality care, improving outcomes and enhancing trust.
Fitterfly's Contribution
Fitterfly's expertise in managing chronic diseases and its proven outcomes are crucial components for achieving PB Health's goal of redefining the care journey.
- Funding Round
- $218 million seed round
- Lead Investor
- General Catalyst
- Other Investors
- Faering Capital, Bay Capital, Think Investments, Avataar, Select Group, select angel investors
- Acquired Company
- Fitterfly (digital health venture)
- PB Health's Initial Network
- 1,200 beds in Delhi NCR
- Acquisition Amount
- Undisclosed
- PB Health's Parent Company
- PB Fintech
