Pristyn Care acquires Ratan Tata and Tiger Global backed Lybrate

Tiger Global-backed healthtech unicorn Pristyn Care has acquired health-tech platform Lybrate.

Entrackr had exclusively reported this development last month.

With this partnership, Pristyn Care’s plans to expand its existing health-tech capabilities and offerings in primary care.

Lybrate’s 150 employees will be joining Pristyn Care. With this acquisition, Pristyn Care is looking to add doctor consultation online services and improve its primary care service.

Gurugram-based Pristyn Care had raised $85 million in a Series E round co-led by Sequoia Capital and Tiger Global in December. The three-year-old company follows a hybrid model where it sets up its own clinics and utilizes third-party hospital infrastructure to provide surgeries across 10 specialisations.

Backed by the likes of Ratan Tata, Tiger Global and Nexus Venture Partners, Lybrate had last raised $3 million from undisclosed investors in 2017. It has raised close to $15 million since its inception in 2014.