Orange Health raises $25 million

Diagnostics, a key component of disease detection, witnessed a boost during the pandemic as more people were needed to get tested for COVID-19, among other diseases.

Orange Health a 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 in the round.

According to a statement from the company's founders, Dhruv Gupta and Tarun Bhambra, the funds will be used to expand Orange Health's tech stack, as well as for expansion and product development.

The startup will use the 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 $10 million in a Series A round from Accel in 2021.

"While traditional diagnostic laboratories require patients to come to them at collection centers, most home collection diagnostic startups have struggled to offer services on time. Orange Health's low-cost, on-demand solution fills this market void "Orange Health Co-Founder Dhruv Gupta stated in a company announcement.

Orange Health, founded in December 2020 by former Practo executives Dhruv and Tarun Bhambra, provides diagnostic lab services around Bengaluru and the National Capital Region (NCR). So far, the firm claims to have served over a million consumers with diagnostic tests. Orange Health is open every day from 6 a.m. to 10 p.m.

"Over the last two years, healthcare and diagnostics have emerged as an important subject for India, and we feel that Orange Health is on the right track to make it smooth for physicians and patients," said Pankaj Makkar, managing director of Bertelsmann India Investments.

Tags : #healthcare #funding #fundingalert #diagnostics #OrangeHealth #laboratories #Accel #YCombinator #DhruvGupta #TarunBhambra #medicircle #smitakumar

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

Traditional Medicine Goes Global: How Ayush 2024 Reimagined WellnessDecember 26, 2024
Aster Guardians Global Nursing Award 2025 worth INR 2 Crore now open for nominations worldwide December 26, 2024
Holiday Season Round the Corner? 6 Daily Habits That Could Be The Reason Behind Your Fatty LiverDecember 26, 2024
Healing the Nation: Doctors as Architects of a Healthier FutureDecember 26, 2024
Brewing Health Benefits: Can Coffee and Tea Help Fight Head and Neck Cancers?December 26, 2024
Seven-Year-Old Fights Back Against Rare Autoimmune DiseaseDecember 26, 2024
Olympus Named to Dow Jones Sustainability World Index for the Fourth Consecutive YearDecember 26, 2024
American Oncology Institute (AOI) in Nagpur Restores Mobility with KyphoplastyDecember 26, 2024
Sanjeevani Healthcare & Wellness Expo 2024: A Dynamic Platform for Global Healthcare CollaborationDecember 23, 2024
Ranitidine: Saviour or Suspect? The Truth Behind the Stomach Acid RemedyDecember 23, 2024
From One-Size-Fits-All to Precision Medicine: The New Hope for Rare Bone Cancer PatientsDecember 23, 2024
World Meditation Day: India’s Gift of Peace to a Chaotic WorldDecember 23, 2024
Breaking New Ground in Migraine Care: A Landmark Session on Diagnosis and TreatmentDecember 23, 2024
Black Angels remind us of centuries of injustices plaguing the TB responseDecember 20, 2024
Healthcare Startups to Watch Out for in 2025December 20, 2024
Biobank Blueprint: Redefining Diabetes Diagnosis and Treatment in IndiaDecember 20, 2024
The Future of Malaria Prevention: Can This Vaccine Eliminate the Disease?December 20, 2024
Why the World Trusts Indian Pharmaceuticals for Life-Saving SolutionsDecember 20, 2024
International Tsunami Conference Concludes at AmritapuriDecember 20, 2024
Prestige Marks 75 Years of Revolutionizing Home Cooking with Iconic Innovative ProductsDecember 20, 2024