Pristyn, which became a unicorn in 2021, offers advanced secondary care surgeries through a network of more than 800 hospitals across the country. The company said it plans to use the Lybrate acquisition to generate synergies with its existing operations.
“Given the growing demand for e-health services, Lybrate provides a compelling strategic solution to provide access to primary care for our patients through e-consult services. We believe there is a significant appetite for innovation and growth in the healthcare industry, and similar acquisitions will help consolidate, scale and grow healthcare delivery assets,” Harsimarbir said. Singh, co-founder of Pristyn Care.
Founded in 2014, Lybrate is a digital healthcare platform that aims to make healthcare accessible by connecting users with over 300,000 doctors across the country. The company records more than 200 million interactions per year.
“Pristyn Care’s attributes resonate strongly with Lybrate, and given the nature of its business which strongly complements our offerings, this should build on each other’s strengths. With Pristyn Care’s focus on secondary healthcare and Lybrate’s strong network of primary care physicians, we can realize tremendous synergies,” said Saurabh Arora, Founder of Lybrate.