Bengaluru-based health-tech startup Orange Health has raised $25 million in a Series B round led by Bertelsmann India Investments and General Catalyst. The startup announced on June 1 that the round also saw participation from existing investors, including Accel, Y Combinator, Good Capital and Uncorrelated Ventures.
Funds raised will be used for product development and technology across systems, user experience and construction labs. The company also plans to expand into new markets and strengthen teams across all its functions.
Launched in December 2020 by Dhruv Gupta and Tarun Bhambra, Orange Health offers at-home testing within 60 minutes and reports within 6 hours. Orange Health said in a press release that its vision is to provide consumers with seamless healthcare while enabling physicians to treat patients in real-time.
To date, Orange Health has benefited more than 1 million people, the release said. The release also said that the company compares the real-time performance of its machines with labs around the world daily to maintain four-sigma-level quality.
Orange Health customers can conduct more than 2,000 tests in Bengaluru and the National Capital Region. The release said that the company plans to expand the program to other regions. Additionally, the company is assembling a team of paramedics called eMedics who are uniformed, vaccinated and used high-quality equipment.
The company had raised $10 million in a Series A round led by Accel in 2021.