Business
Khosla Ventures Backs Even Healthcare to Transform Indian Hospitals
Indian medical startup Even Healthcare has secured a massive fifty million dollar investment led by Khosla Ventures, elevating its overall worth to three hundred million dollars. The company aims to upend traditional hospital business models in South Asia by addressing financial incentives that often encourage excessive medical procedures. To ensure proper care, Even operates its own facilities where physicians receive fixed salaries rather than bonuses tied to the quantity of tests ordered. Despite reporting a net loss during the previous fiscal period and undergoing recent workforce reductions, the enterprise continues expanding its unique model across southern regions.