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PB Healthcare Services Private Ltd, a healthcare venture from PB Fintech (the parent of Policybazaar), has acquired Mumbai-based Fitterfly, a digital health venture offering preventive health programmes, for an undisclosed amount. Fitterfly’s offerings include diabetes reversal, obesity management, and heart health programmes – and the development marks PB Healthcare’s goal to build a care model that reduces avoidable hospitalisations and extend health assurance to those uninsured, said a note on the transaction. PB Healthcare also outlined the investors in its $218 million seed round, announced in May 2025. It saw the participation from Faering Capital, Bay Capital, Think Investments, Avataar, Select Group, and select angel investors, led by global investment firm General Catalyst, per the note. Upcoming facilities PB Health is building an integrated healthcare ecosystem including hospitals, doctors, insurers, and patients under one roof, it said. 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. Arbinder Singal, Co-Founder and CEO of Fitterfly, said, “Chronic diseases like diabetes, hypertension, dyslipidemia, and obesity affect up to 40 per cent 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.“ Yashish Dahiya, Chairman and Group CEO of PB Fintech, said their vision was to create an ecosystem “where patients experience frictionless, high-quality care. Our focus remains on building a tech-first healthcare platform that improves outcomes, enhances trust, and redefines the care journey for millions across India.” PB Health also strengthened its leadership with the addition of senior healthcare professionals Rajeev Bhandari (former Evercare Hospitals, Fortis Hospitals), Dr Mohit Mathur (former Max Hospitals), and Air Marshal Dr Rajesh Vaidya (former Director General Medical Services, Indian Air Force). Published on November 6, 2025
