PB Healthcare Services, a healthcare venture incubated by PB Fintech (parent of Policybazaar), has acquired Mumbai-based Fitterfly, a digital health platform offering diabetes reversal, obesity management, and heart health programs, strengthening its push towards preventive care.
With this acquisition, PB Health aims to expand beyond hospitals and strengthen its preventive healthcare offerings.
Founded in 2025 by Yashish Dahiya, PB Healthcare is building a fully integrated healthcare ecosystem that brings hospitals, doctors, insurers, and patients under one roof. The goal is to bridge the trust gap between hospitals and insurers and make care more connected, cashless, and prevention-first.
The company is integrating AI deeply into its health information systems to enable voice-to-text documentation, smart clinical reports, and AI-assisted support for doctors.
It is starting with a 1,200-bed network in Delhi NCR over the next couple of years, including a 270-bed hospital in Noida and two upcoming facilities in Gurgaon.
PB Healthcare raised $218 million in May 2025 from General Catalyst, Faering Capital, Bay Capital, Think Investments, Avataar, and Select Group, marking one of India’s largest seed funding rounds in healthcare.
Arbinder Singal, Co-Founder and CEO of Fitterfly, said, “Chronic diseases like diabetes, hypertension, dyslipidemia, and obesity affect up to 40% of the adult population in India. The Fitterfly platform, with its strong clinical validation, proven outcomes, and significant IP, will add value to the PB Health platform. We are excited to be part of PB Health’s vision and aim to blend online and in-person care seamlessly to improve outcomes, lower admission rates, and reduce healthcare costs.”
