GoKawiilEven Healthcare raises $50M Series B led by Khosla Ventures at $300M valuation
Indian health startup Even Healthcare has closed a $50 million all-equity Series B round led by Khosla Ventures, with participation from Alpha Wave, valuing the company at $300 million—triple its valuation 18 months ago. The round brings Even's total funding to over $120 million, and the company has opened two hospitals in Bengaluru as it shifts from partnering with hospitals to operating its own.
GoKawiil's interpretation of the reporting above, not reported fact.
Khosla Ventures' continued investment since Even's 2021 seed round suggests growing conviction, per founder Vinod Khosla, that aligning financing, technology and care delivery can curb India's incentive for unnecessary tests and procedures. Co-founder Mayank Banerjee's account of patients receiving unneeded recommendations points to why Even moved from partner hospitals to owning its own facilities, which could give it more direct control over costs and outcomes but also requires significant capital to scale.
- Even Healthcare raised $50M in a Series B led by Khosla Ventures, valuing it at $300M.
- The startup is building and operating its own hospitals after finding issues with partner-hospital incentives.
- Total funding for Even now exceeds $120M, with two hospitals already open in Bengaluru.
Source: techcrunch.com — Jagmeet Singh, 2026-10-19
Published there as: “Khosla Ventures doubles down on Even Healthcare to challenge India’s hospital economics”
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