PB Healthcare Services Pvt. Ltd. (PB Health), the healthcare venture incubated by PB Fintech, has acquired Mumbai-based digital health platform Fitterfly to enhance its preventive care and chronic disease management offerings. The acquisition marks a major step in PB Health’s mission to integrate technology, clinical infrastructure, and insurance within a unified ecosystem.
Founded in 2016 by Dr. Arbinder Singal and Shailesh Gupta, Fitterfly is known for its clinically validated programs in diabetes reversal, obesity management, and heart health. The acquisition will enable PB Health to blend digital disease management tools with physical hospital infrastructure, improving patient outcomes and accessibility.
Integrating AI and Clinical Intelligence
PB Health stated it is deeply integrating AI into its health information systems, enabling voice-to-text documentation, AI-generated clinical reports, and decision-support tools for doctors. Fitterfly, backed by investors such as Fireside Ventures, Amazon Smbhav Venture Fund, and Venture Catalysts, had raised $18.9 million to date and was last valued at $41.7 million.
“Chronic diseases like diabetes, hypertension, and obesity affect nearly 40% of Indian adults,” said Dr. Arbinder Singal, CEO of Fitterfly. “This partnership will combine our clinical depth with PB Health’s integrated infrastructure to deliver holistic, data-driven care.”
Building India’s Next-Gen Healthcare Ecosystem
PB Fintech launched PB Health in January 2025, raising $218 million in a seed round led by General Catalyst with participation from Faering Capital, Bay Capital, and Avataar Ventures. The company is developing a 1,200-bed hospital network across Delhi-NCR, combining AI-powered systems and digital-first patient services.
“Our goal is to redefine how India experiences healthcare blending trust, technology, and transparency,” said Yashish Dahiya, Chairman and Group CEO of PB Fintech.
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