# Even Healthcare raises $50 million to expand Bengaluru hospitals

_Published Monday, October 19, 2026 at 4:06 AM EDT · Capital · Latest · Tier 2 — Notable_

![Even Healthcare raises $50 million to expand Bengaluru hospitals — Primary](https://techcrunch.com/wp-content/uploads/2026/10/even-hospital.jpg?resize=1200,800)

Even Healthcare has raised $50 million in an all-equity Series B led by Khosla Ventures, with participation from Alpha Wave, TechCrunch reports. The Indian startup says the round values it at $300 million, triple its valuation 18 months ago, and brings total funding to more than $120 million.

Co-founder Mayank Banerjee said the money will fund five more Bengaluru hospitals over the next six months. Even leases buildings on 20-year agreements and pays doctors fixed salaries, with possible bonuses tied to patient-reported outcomes. Banerjee said its two existing hospitals reached operational profitability excluding depreciation within a year, but regulatory filings show the company lost ₹902 million on revenue of ₹272 million in fiscal 2025.

## Sources

- [TechCrunch](https://techcrunch.com/2026/10/19/khosla-ventures-doubles-down-on-even-healthcare-to-challenge-indias-hospital-economics/)

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Canonical: https://techandbusiness.org/newswire/tzFMuBjC3NY3iIkOkq_pUP
Published: 2026-10-19T08:06:47.932Z
Story chronology: 2026-10-19T07:30:00.000Z
Retrieved: 2026-10-19T11:06:20.112Z
Publisher: Tech & Business (techandbusiness.org)