PB Health
PB Health is a Gurugram-based integrated managed-care platform incubated by PB Fintech (Policybazaar) that combines health insurance distribution with owned hospital operations and an app-driven care delivery model, serving insurance policyholders and general consumers through consultations, diagnostics, radiology, and chronic disease programs across India.
- Company typePrivate
- Founded2025
- HeadquartersGurugram, India
- Headcount51–100
- GTM typeB2C
- OfferingServices
What PB Health does
PB Health (PB Healthcare Services Private Limited), incorporated in 2025 and headquartered in Gurugram, India, is building India's first vertically integrated managed-care platform combining health insurance distribution with owned hospital operations and digital care delivery. The company is incubated by PB Fintech (Policybazaar), which controls 93% of India's online insurance market and provides a captive base of 40M+ health insurance policyholders as the primary customer pipeline. PB Health offers online consultations, in-person hospital visits, diagnostic lab tests, radiology scans (MRI, CT, ultrasound, X-ray, ECG, ECHO), preventive health packages, and chronic disease management programs including Diabetes Care Prime acquired via Fitterfly; planned offerings include pharmacy ordering, home care, hospital admissions, and emergency services.
The technology platform is built around a mobile application (iOS and Android, app ID com.pbhealth) and website (pbhealth.com) that consolidate digital medical records, in-hospital navigation, paperless check-ins, real-time care updates, and green-channel insurance claims processing. Care delivery is guided by protocol-driven clinical pathways designed to eliminate fee-for-service over-treatment. Revenue is generated via transaction fees on consultations, diagnostics, and hospital services; recurring subscriptions for chronic care programs (Diabetes Care Prime); and managed-services revenue from integrated insurance claims. Specialties span cardiology, emergency medicine, ENT, internal medicine, pediatrics, pulmonology, radiology, and anesthesiology.
The business is in a heavy capital-deployment phase, having raised a $218M seed round led by General Catalyst in March 2025 to build a 1,200-bed hospital network in Delhi NCR, with plans to raise Rs 1,500–1,600 crore from PE investors in 2026 to expand nationally and scale toward 32,000 beds serving 40M customers by 2030–31. Headcount stands at 51–100 employees across founding co-founders Yashish Dahiya, Alok Bansal, and Rajeev Bhandari, alongside recently appointed COO Shailesh Gupta and CBO Dr. Arbinder Singal (formerly Fitterfly CEO).
PB Health firmographics
Firmographics- Name
- PB Health
- Legal name
- PB Healthcare Services Private Limited
- Website
- https://pbhealth.com
- Company type
- Private
- Founded year
- 2025
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- PB Health is a Gurugram-based integrated managed-care platform incubated by PB Fintech (Policybazaar) that combines health insurance distribution with owned hospital operations and an app-driven care delivery model, serving insurance policyholders and general consumers through consultations, diagnostics, radiology, and chronic disease programs across India.
- Ownership category
- akta.pro rank
PB Health industry classification
Industry- Product category
- Integrated Healthcare Services
- NAICS
- All Other Outpatient Care Centers (621498), Specialty (except Psychiatric and Substance Abuse) Hospitals (622310), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Offices of Physicians, Mental Health Specialists (621112)
- SIC
- Services-Hospitals (8060), Services-General Medical & Surgical Hospitals, Nec (8062), Services-Specialty Outpatient Facilities, Nec (8093), Services-Medical Laboratories (8071), Services-Health Services (8000)
- akta.pro primary industry
- Pharmacy Benefit Management (PBM) & Pharmacy Network Administration (HLAFALAI)
- akta.pro secondary industries
- Home-Based Primary Care / Medical House Call Practices (HLAFAEAI), Claims Processing, Adjudication & Payment Integrity (HLAEAKAC)
Keywords
Where PB Health is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
PB Health business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Operations, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Hospital Care Services: Inpatient and outpatient hospital services across multiple specialties including cardiology, emergency medicine, ENT, internal medicine, pediatrics, pulmonology, radiology, and anesthesiology. Revenue generated from patient treatments, procedures, and hospital admissions.
- Diagnostic Services: Lab tests including CBC, lipid profile, liver function tests, kidney function tests, HbA1c, thyroid profiles, and more. Radiology services including MRI, CT scan, ultrasound, X-ray, ECG, and ECHO. Home sample collection available.
- Online Consultations: Teleconsultation services with doctors across multiple specialties. Zero waiting time and free second opinion features.
- Chronic Care Programs: Diabetes care prime programs including continuous glucose monitoring, live coaching, personalized diet plans, and 50+ comprehensive blood tests. Heart health and weight loss programs also offered.
- Integrated Insurance Services: Vertical integration with health insurance through parent company PB Fintech enables seamless claims processing and green-channel insurance experience, bundling hospital care with insurance coverage.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Online Consultation - General |
| Unit Pricing | Pay-as-you-go | Diagnostic Tests - Various |
| Subscription | Monthly | Diabetes Care Prime Program |
| Unit Pricing | Pay-as-you-go | Health Packages |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels4 records
PB Health product offering
Product offeringCore offering
PB Health operates an integrated managed-care healthcare platform delivering hospital care, outpatient consultations, diagnostic lab tests, radiology scans, and chronic disease management programs. It combines owned hospital infrastructure with an app-based patient experience and vertical integration with health insurance through its parent PB Fintech (Policybazaar), enabling seamless green-channel claims processing. Services span prevention, treatment, recovery, and home care across specialties including cardiology, pediatrics, internal medicine, radiology, and pulmonology.
Product overview
PB Health is a unified healthcare platform offering integrated prevention, treatment, recovery, and home care services. The platform combines Online Consultation, Hospital Visit booking, Lab Tests & Scans, Radiology Scans, and Diabetes Care Prime (an acquired digital therapeutics program from Fitterfly) into a single app-driven experience. Planned offerings include Order Medicine, Home Care, Hospital Admissions, and Emergency Services. The core differentiator is the integrated managed-care model that combines insurance (via parent PB Fintech/Policybazaar) with hospital care delivery, enabling seamless green-channel insurance experiences and protocol-driven treatment guided by globally benchmarked clinical standards.
Differentiator
Problem solved
Functional benefit
Brands
- Fitterfly: Digital therapeutics platform for diabetes, heart health, and obesity management, acquired by PB Health in November 2025
Products and services
- Online Consultation Virtual doctor consultation service allowing patients to consult with physicians remotely through the PB Health app or website, with zero waiting time and free second opinion.
- Hospital Visit In-person hospital visit booking service connecting patients with doctors at PB Health's owned hospital network in Delhi NCR across specialties including cardiology, orthopaedics, internal medicine, paediatrics, and pulmonology.
- Lab Tests & Scans Diagnostic laboratory testing service with home sample collection, fast turnaround times, and digital report access covering CBC, lipid profile, liver function, kidney function, HbA1c, thyroid profile, vitamins, and infectious disease screenings.
- Radiology Scans Advanced imaging services including MRI, CT Scan, Ultrasound, X-Ray, ECG, and ECHO with expert radiologist analysis, 24/7 scan support, multi-scan discounts, and rapid results.
- Diabetes Care Prime Subscription-based chronic disease management program for diabetes patients featuring continuous glucose monitoring, live coaching by health coaches, personalized diet plans, and 50+ comprehensive blood tests. Originated from the Fitterfly digital therapeutics platform acquired in November 2025.
- Health Packages Preventive health screening packages offering bundled diagnostic tests and assessments for overall health evaluation.
Companies that use PB Health
Customer profileSegments3 records
Ideal customer profiles3 records
PB Health technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature5 records
PB Health partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- FitterflycoreHealthtech company acquired by PB Health in November 2025. Fitterfly built digital therapeutics platforms across diabetes, heart health, and obesity management in India, GCC, and Southeast Asia. Now merged into PB Healthcare Services.
Scale indicators8 records
Recent moves6 records
Expansion highlights7 records
PB Health competitors and assessment
Company assessmentDirect peers
- Manipal Hospitals: Large pan-India hospital chain operating tertiary and quaternary care. Comparable as a multi-specialty hospital network pursuing expansion through greenfield and acquisitions.
- Practo: Indian digital health platform offering online consultations, diagnostic bookings, and health records. Direct peer on the teleconsultation and diagnostics side, with overlapping target customers in urban India.
- Apollo Hospitals Enterprise: India's largest hospital chain with Apollo 24/7 digital consultations, Apollo Pharmacy, and diagnostics. Directly comparable as a multi-specialty hospital operator pursuing integrated in-person + digital care across India.
- PharmEasy: Diagnostics + online pharmacy + teleconsultation platform serving pan-India consumers. Comparable as a multi-vertical integrated digital health brand competing for the same patient wallet share.
- Max Healthcare Institute: Major North India hospital chain with strong Delhi NCR presence, contiguous with PB Health's planned initial footprint. Similar specialty mix (cardiology, oncology, orthopedics) and a comparable patient demographic mix.
- Fortis Healthcare: National multi-specialty hospital network with significant North India presence. Directly comparable as an incumbent hospital operator with established clinical infrastructure and brand recognition.
- MediBuddy: Corporate wellness, teleconsultation, diagnostics, and hospitalization platform with insurance integration through partners. Most comparable peer in pursuing bundled insurance + care delivery for the Indian market.
- Tata 1mg: Online pharmacy and diagnostics platform (acquired by Tata Digital). Directly comparable as a digital diagnostics + medicine ordering + teleconsultation stack serving Indian consumers.
Emerging players
- Healthians: At-home diagnostics and wellness platform with strong North India presence. Comparable as a digital diagnostics player overlapping with PB Health's home sample collection and lab services offering.
Broad incumbents
- Medanta - The Medicity: Large multi-specialty hospital group with strong brand in tertiary care. Comparable as an established hospital incumbent pursuing integrated care, though not pursuing a digital-first integrated managed-care model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
PB Health social profiles
Digital presencePB Health financial estimates
Financial estimateRevenue estimate
Valuation estimate
PB Health leadership team
Management profileNumber of profiles
Profiles5 records
PB Health subsidiaries and ownership
Company hierarchySubsidiaries1 record
PB Health funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PB Health M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PB Health
What does PB Health do?
PB Health operates an integrated managed-care healthcare platform delivering hospital care, outpatient consultations, diagnostic lab tests, radiology scans, and chronic disease management programs. It combines owned hospital infrastructure with an app-based patient experience and vertical integration with health insurance through its parent PB Fintech (Policybazaar), enabling seamless green-channel claims processing. Services span prevention, treatment, recovery, and home care across specialties including cardiology, pediatrics, internal medicine, radiology, and pulmonology.
Is PB Health a public or private company?
PB Health is a private company. It is classified as corporate owned and is currently operating.
When was PB Health founded?
PB Health was founded in 2025. It employs 51 to 100 people.
Where is PB Health based?
PB Health is headquartered in Gurugram, India, in the Asia region.
How does PB Health make money?
Five revenue lines are on record. Hospital Care Services are the primary driver. The others are diagnostic Services, online Consultations, chronic Care Programs and integrated Insurance Services.
Who are PB Health's main competitors?
Direct peers on record are Manipal Hospitals, Practo, Apollo Hospitals Enterprise, PharmEasy, Max Healthcare Institute, Fortis Healthcare, MediBuddy and Tata 1mg. Healthians is listed as an emerging player. Medanta - The Medicity is listed as a broad incumbent.
Does PB Health have an API?
No public API is recorded for PB Health.
What industry is PB Health in?
PB Health's product category is Integrated Healthcare Services. Its primary akta.pro industry code is HLAFALAI, Pharmacy Benefit Management (PBM) & Pharmacy Network Administration, with a secondary code of HLAFAEAI, Home-Based Primary Care / Medical House Call Practices. Its NAICS code is 621498 and its SIC code is 8060.