Funding · Healthcare & Life Sciences

Hoola Health raises $5 million for expansion

By Startup Enthusiast · 10 June 2026

What they do

Hoola Health operates integrated paediatric clinics offering consultations and diagnostics

The company raised $5 million led by Peak XV Partners to expand its network

It plans to open 30 new clinics across Bengaluru, Hyderabad, and Delhi NCR over two years

Hoola Health has raised $5 Mn in a funding round.
Peak XV Partners led the investment through its Surge platform.
Existing investor W Health Ventures also participated in the round.
Angel investors included Ashish Gupta, Abhishek Goyal, and Bijou Kurien.
Plans include opening 30 additional clinics over the next two years.
Expansion targets include Bengaluru, Hyderabad, and Delhi NCR.
Funds will support specialist services and technology infrastructure development.

The company previously operated under the name BabyMD before rebranding.
Rebranding signals a shift toward broader age-group focus beyond infants.
Peak XV’s healtech portfolio includes companies like Luma Fertility and Truemeds.

Hoola Health provides an integrated paediatric healthcare ecosystem for children.
Services include consultations, vaccinations, diagnostics, therapies, and specialist care.
The company currently operates five clinics across Bengaluru.
It inaugurated its first paediatric care clinic in 2024.
Clinics feature kids-friendly interiors with play zones and therapy spaces.
A digital platform helps parents track vaccinations and developmental progress.
The platform maintains lifelong health records and digital prescriptions for families.
The company plans to expand into paediatric dentistry services soon.
It has served more than 20,000 families in the last 18 months.

Peak XV Partners via Surge platform (lead) — Investment firm with a healtech portfolio including Luma Fertility and Truemeds.
W Health Ventures (existing) — Existing investor participating in the current round.
Ashish Gupta (angel) — Partner at MFV Partners.
Abhishek Goyal (angel) — Cofounder of Tracxn.
Bijou Kurien (angel) — Chairman of the Retail Association of India.

Product: Integrated paediatric care clinics with vaccination services
Customers: Parents and families seeking quality paediatric healthcare services
How it makes money: Clinic-based healthcare delivery with digital tools