Bengaluru, May 8 -- PB Healthcare Services Pvt. Ltd has secured seed funding of $218 million from global investment firm General Catalyst, PB Fintech Ltd and others, the startup said in a statement on Thursday.

In the seed funding round, which valued the healthcare venture at $243 million, PB Fintech invested $62 million for a 26% stake, while General Catalyst infused $50 million for 20.57%.

Incorporated on 1 January 2025, Gurugram-based healthcare firm will use the proceeds to set up a 1,000-bed hospital network in the National Capital Region and accelerate product development and technological innovation.

This is part of the startup's broader aim to build an end-to-end platform that integrates healthcare and insurance.

To be clear, ...