Paediatric healthcare startup Hoola Health has raised $5 million (around ₹47.6 crore) in a funding round led by Peak XV’s Surge, with participation from existing investor W Health Ventures and several angel investors. The Bengaluru-based company plans to use the capital to expand its clinic network across Bengaluru, Hyderabad, and Delhi NCR. Founded in 2024, Hoola Health currently operates five clinics in Bengaluru.
The funding round included angel investors such as MFV Partners partner Ashish Gupta, Tracxn cofounder Abhishek Goyal, and Retail Association of India chairman Bijou Kurien. Hoola Health, originally launched as BabyMD, rebranded as it broadened its services to cover children of all age groups. The startup offers consultations, vaccinations, diagnostics, developmental assessments, therapies, and specialist care through its clinics and digital platform.
Hoola Health aims to open 30 additional clinics over the next two years while investing in specialist services, technology infrastructure, and parent-focused support systems. The company has designed child-friendly clinics with play zones and therapy spaces to enhance the patient experience. Its digital platform also helps parents manage their child’s healthcare journey, including vaccination tracking and appointment scheduling.
The startup inaugurated its first paediatric care clinic in 2024 and currently serves Bengaluru with five clinics. The new funding will accelerate its expansion into Hyderabad and Delhi NCR, supporting its goal to become a leading paediatric healthcare provider in these regions.