About Ayu Health
Ayu Health is a Healthcare company based in Chandigarh (India) founded in 2019 by Karan Prem Chand Gupta, Himesh Joshi, and Arjit Gupta. Technology-enabled hospital network streamlines insurance and operations. Ayu Health has raised $39.7 million across 5 funding rounds from investors including Alteria Capital, Stellaris Venture Partners and Vertex Ventures SG. The company has 515 employees. Ayu Health has completed 1 acquisition, including Swasthya Sewak. Ayu Health was last valued at $109.54 million in April 2022. Its chief executive, as recorded, is Himesh Joshi. Its Indian entity Plus Health Tech Ventures Private Limited reported revenue of ₹26.00 Cr. Its focus areas include HealthTech, Healthcare Payer Tech, Claims Management and Claims Settlement. Its competitors include Fortis Healthcare, Ujala Cygnus and Narayana Health; 2 of its 3 listed competitors have raised funding.
Company details
Ayu Health was founded in 2019 in Chandigarh, India, within the healthcare sector. A network of hospitals is operated using technology to cover specialties including ophthalmology, urology, neurology, psychiatry, oncology, cardiology, gastroenterology, joint diseases, emergency care, renal diseases, general surgery, ENT, and critical care. Insurance processing is simplified for hospitals, operations are streamlined, costs are reduced, and patient experiences are improved across these areas.
- Headquarters Chandigarh, India
- Employees 515
- Founders Karan Prem Chand Gupta, Himesh Joshi, Arjit Gupta
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website ayu.health
- Social LinkedIn X Facebook
- Legal Name Plus Health Tech Ventures Private Limited
- Date of Incorporation 28 Oct, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹26.00 Cr
FY 2025 · -28% YoY
- Net Loss-₹26.29 Cr
FY 2025 · -101% margin
- EBITDA-₹20.41 Cr
FY 2025 · -79% margin
- Total Equity Funding$39.7M (USD)
in 5 rounds
- Latest Funding Round$5M (USD), Series B
Jul 2022
- InvestorsAlteria Capital
& 25 more
- Employee Count515
- Investments & Acquisitions
Associated legal entities of Ayu Health
Ayu Health operates through Plus Health Tech Ventures Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Plus Health Tech Ventures Private Limited CIN U72900KA2019PTC129117 | Active | 28 Oct 2019 | Bangalore, Karnataka | ₹26.0 Cr | 515 | 4 | View details |
Funding Insights of Ayu Health
Ayu Health has successfully raised a total of $39.7M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $39.7M
- Total Rounds 5
- Last Round Series B — $5M
- First Round $69,982
(Dec 2019)
- Investors Count 26
All 5 funding rounds of Ayu Health with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2022 | $5M | Series B | – | Fundamentum, Paramark Ventures | |
| Apr 2022 | $27M | Series B | $109.54M | Fundamentum | |
| May 2021 | $6.3M | Series A | $20.47M | – | |
| Jan 2020 | $1.33M | Seed | $••••• | Stellaris Venture Partners | |
| Dec 2019 | $69,982 | Angel Round | $••••• | Ashutosh Niranjan |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2022 | $109.54M | •••••••• |
| May 2021 | $20.47M | •••••••• |
| Jan 2020 | $••••• | •••••••• |
| Dec 2019 | $••••• | •••••••• |
Full valuation and stage history of Ayu Health
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $109.54M (Apr 2022). 26 investors in total: 11 institutional and 15 angel.
Investors in Ayu Health
Ayu Health has secured backing from 26 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Alteria Capital, Stellaris Venture Partners and Vertex Ventures SG.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth capital fund VC and accelerator firm for mid-stage tech companies | fundamentum.co.in | Gurugram, India | ||
Venture capital firm investing in early-stage startups across fintech, software, and other sectors. | 2016 | stellarisvp.com | Bengaluru, India | |
Venture capital fund focused on multiple sectors | 1997 | vertexventures.sg | Singapore, Singapore | |
Early-stage investments are targeted by Paramark Ventures in startups. | paramark.vc | Seoul, South Korea | ||
Investments in early-stage startups are made by Brand Capital. | brandcapital.co.in | Mumbai, India | ||
Angel Network for Bengaluru based companies | 2015 | capierinvestments.com | Bengaluru, India | |
Private equity firm | 57stars.com | Washington, Dc, United States | ||
Venture debt funding and structured finance for innovative startups in India. | 2018 | alteriacapital.com | Mumbai, India | |
Venture capital fund focused on multiple sectors | Ahmedabad, India | |||
Printed newspapers are published by Bennett, Coleman in India. | bccl.in | Mumbai, India |
Investor details for Ayu Health
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Board of directors of Plus Health Tech Ventures Private Limited (Ayu Health)
Plus Health Tech Ventures Private Limited is the primary company behind Ayu Health. The board of Plus Health Tech Ventures Private Limited currently have 4 directors; the longest-serving is Himesh Joshi, appointed in 2019. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Himesh Joshi DIN 07210768 | Director | 28 Oct 2019 | 7 yrs | Plus Health Tech Ventures Private Limited |
| Karan Gupta DIN 07210771 | Director | 28 Oct 2019 | 7 yrs | Plus Health Tech Ventures Private Limited |
| Ritesh Banglani DIN 02129763 | Director | 10 Jan 2020 | 6 yrs 9 mo | Plus Health Tech Ventures Private Limited |
| Piyush Kharbanda DIN 08126225 | Nominee Director | 20 May 2021 | 5 yrs 5 mo | Plus Health Tech Ventures Private Limited |
People of Ayu Health
47 people are tracked at Ayu Health (10 in leadership, 37 in team); the tracked headcount is 515.
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO | Leadership | |
| Co-Founder & CTO | Leadership | |
Haroon Rasheed | Head of Sales | Leadership |
SHUBHAM JAIN | VP - New Initiatives & Strategy | Leadership |
Kulpam Peshin | Vice President & Head Of Sales | Leadership |
Parminder Pal Singh | Head of Sales | Leadership |
Gaurav Gadgil | Sr VP - Products | Leadership |
Mathew john | Director Of Business Development | Leadership |
Srinivas K | Zonal Head - Business Development | Leadership |
Tushar Dwivedi | Healthcare Recruiter | Team |
Manpreet Kaur | Patient Care Executive | Team |
Vinodh Babu | Patient Care Coordinator | Team |
Soujanya N | Assistant Manager Human Resources | Team |
Bindu G | Patient care executive | Team |
Jahangir Lone | Patient care coordinator | Team |
Mr Ahmed | Patient care executive | Team |
Rangamma KG | Patient Care Coordinator | Team |
Rashitha Gowda | Medical Officer | Team |
zubair A | Medical Officer | Team |
27 more people are available in the full profile.
Complete people profiles for Ayu Health
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Ayu Health
Figures of Plus Health Tech Ventures Private Limited, the primary company behind Ayu Health, for FY 2025. Revenue was ₹26.00 Cr (-28% year on year). Net loss was -₹26.29 Cr (-101% margin). EBITDA was -₹20.41 Cr (-79% margin). Revenue has grown at a compounded annual rate of +87% over three years and +196% over five years.
- ₹26.00 CrRevenue · FY 2025 · -28% YoY
- -₹26.29 CrNet loss · -101% margin
- -₹20.41 CrEBITDA · -79% margin
- ₹17 LakhPaid-up capital
- 515Employees (provident fund records)
- +87%Revenue CAGR, 3 years
- +196%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Plus Health Tech Ventures Private Limited are on its company page.
Detailed financial statements for Ayu Health
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Ayu Health
Ayu Health has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Swasthya Sewak.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Patient advocacy services are provided to support healthcare navigation. | swasthyasewak.com | Delhi, India | 2017 | Feb 2022 | •••• |
Complete acquisition details for Ayu Health
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Timeline of Ayu Health
5 dated milestones of Ayu Health across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Ayu Health is founded.
- Funding First funding round of $70K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Swasthya Sewak.
- Funding Latest funding round, Series B, of $5.0M.
Competitors of Ayu Health
Ayu Health has 3 listed competitors in our database, 2 of them funded. They include Fortis Healthcare, Ujala Cygnus and Narayana Health.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fortishealthcare.com | 1996 | Gurugram, India | 1,565 | Multi-specialty hospital services are provided across India by Fortis Healthcare. | ||
| ujalacygnus.com | 2011 | Delhi, India | $36.74M | 2,084 | A chain of multi-specialty hospitals is operated in India. | |
| narayanahealth.org | 2000 | Bengaluru, India | $148.2M | 8,145 | A chain of multi-specialty hospitals is operated in India. |
Detailed competitors of Ayu Health
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Web traffic of Ayu Health
The website of Ayu Health (ayu.health) receives about 6.6K visits a month.
- Monthly visits6.6K
▲ 91.1% vs previous month
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Frequently Asked Questions about Ayu Health
Ayu Health was founded in 2019.
Ayu Health is headquartered in Chandigarh, India.
Himesh Joshi is the CEO of Ayu Health, as recorded in our data. They have also founded this company.
Ayu Health is a funded company, having raised a total of $39.7M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $69.98K, raised on Dec 2019.
Ayu Health has 515 employees.
The primary company behind Ayu Health, Plus Health Tech Ventures Private Limited, reported revenue of ₹26.00 Cr for FY 2025, down 28% year on year.
Ayu Health was founded in 2019 in Chandigarh, India, within the healthcare sector. A network of hospitals is operated using technology to cover specialties including ophthalmology, urology, neurology, psychiatry, oncology, cardiology, gastroenterology, joint diseases, emergency care, renal diseases, general surgery, ENT, and critical care. Insurance processing is simplified for hospitals, operations are streamlined, costs are reduced, and patient experiences are improved across these areas.
Ayu Health's top competitors include Fortis Healthcare, Ujala Cygnus and Narayana Health.
Ayu Health has made 1 acquisition, including Swasthya Sewak.
Ayu Health has 26 investors. Key investors include Alteria Capital, Stellaris Venture Partners, Vertex Ventures SG, Capier Investments, and Fundamentum.
The valuation of Ayu Health is $109.54M as of Apr 2022.
Ayu Health operates through Plus Health Tech Ventures Private Limited.