Paediatric healthcare startup Hoola Health, formerly known as BabyMD, has raised $5 million in a funding round led by Peak XV’s Surge, with participation from existing investor W Health Ventures and angel investors including Ashish Gupta, Abhishek Goyal, and Bijou Kurien. The fresh capital will be used to expand into new markets, strengthen technology capabilities, and scale its integrated paediatric care model, th Founded in 2024 by Deeksha Senguttuvan, Hoola Health operates child-focused clinics offering paediatric consultations, vaccinations, diagnostics, developmental therapies, and specialist care. The startup combines physical clinics with digital tools for vaccination records, growth tracking, prescriptions, and developmental monitoring. The Bengaluru-based firm currently operates five clinics and has served more than 20,000 families within 18 months of launch. According to the startup, over 60% of new patients come through word-of-mouth referrals, while more than 60% of monthly visits are from returning families. Hoola Health claims that nearly 35% of its revenue comes from developmental therapies, reflecting growing demand for integrated child healthcare services. The company plans to open 30 additional clinics across Bengaluru, Hyderabad, and Delhi NCR over the next two years. It also intends to expand into new services, including paediatric dental care. Alongside the funding announcement, the startup has rebranded from BabyMD to Hoola Health as it looks to broaden its presence across different stages of child healthcare and development. Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.
