Bengaluru-based Ayu Health raised $6.3 million in Series A funding round from Singapore-headquartered Vertex Ventures and Stellaris Venture Partners, which is based in Bengaluru.
The round also saw participation from serial entrepreneur and angel investor Ashish Gupta, Mamaearth's co-founder Varun Alagh, and Rajat Goel, Founder of Gurugram-based EyeQ Super Speciality Eye Hospitals.
The healthtech startup will use the funds to expand their hospital network, as well as improve technology solutions, procurement and quality management. Ayu Health also expects to expand its bed capacity to over 5,000 beds across six cities by December 2022, according to a release shared by the company.
