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Funding · Healthcare & Life Sciences

Orange Health raises $30 million in fresh funding

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Date
Company
Orange Health
What it does
Full-stack diagnostics and testing platform
Kind
Funding
Amount
$30 million
Based in
Bengaluru
Founded
2020
Sector
Healthcare & Life Sciences

What they do

Orange Health provides on-demand diagnostic testing and at-home sample collection through its own labs in four cities

What happened

The company is raising $30 million in new capital after reporting Rs 138.6 crore in FY26 operating revenue

Why it matters

Despite 65% revenue growth, the startup posted an EBITDA loss of Rs 92.4 crore as it expands its collection centre network

The details

  • Orange Health is raising $30 million in a new funding round.
  • The company reported FY26 operating revenue of Rs 138.6 crore, up 65% from Rs 84 crore in FY25.
  • Total expenses for the year stood at Rs 240.3 crore, with employee costs and materials being the largest items.
  • The firm recorded an EBITDA loss of Rs 92.4 crore, equivalent to a margin of -66.68%.
  • Within its Bengaluru operations, the company says it achieved 20% EBITDA profitability.
  • The startup added over 60 company-owned collection centres in the past year, nearly 50 of them in Bengaluru.

The bigger picture

  • The company competes with larger diagnostic chains such as Thyrocare, Redcliffe Labs, and Healthians.
  • Unit economics show the firm spent Rs 1.73 to earn every rupee of operating revenue in FY26.
  • Orange Health promises 60-minute sample collection and delivers 99% of reports within six hours.

About the business

  • Orange Health is a full-stack diagnostics platform that offers on-demand testing and home sample collection.
  • It runs fully automated laboratories in all four cities where it operates.
  • The platform has onboarded over 2,000 clinics to speed up diagnosis and clinical decisions.
  • Diagnostics services are the sole source of the company's operating revenue.
  • The company has an eQAS partnership with AIIMS and CMC Vellore for quality assurance.

What happens next

  • The company expects the impact of this funding round to show in its FY27 financial results.

The deal

Type
funding

Founders

  • Dhruv Gupta, Co-founder
  • Tarun Bhambra, Co-founder

About Orange Health

Product
At-home diagnostics and healthcare platform with rapid sample collection and lab testing
Customers
Individuals and enterprises seeking accessible, rapid preventive healthcare diagnostics
How it makes money
Subscription plans and direct diagnostic testing services through home collection model
What sets it apart
30-minute home sample collection with AI-driven recommendations for preventive care

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