Hoola Health, a Bengaluru-based paediatric healthcare startup formerly known as BabyMD, has raised $5 million in a round led by Peak XV’s Surge, with participation from existing investor W Health Ventures and angel investors including Ashish Gupta, Abhishek Goyal and Bijou Kurien.
The company said the new capital will be used to expand into new markets, strengthen its technology stack and scale its integrated care model.
Founded in Bengaluru in 2024 by Deeksha Senguttuvan, Hoola Health is building an integrated paediatric care ecosystem that combines consultations, vaccinations, developmental therapies and diagnostics inside child first clinics, supported by digital tools for families.
The rebrand from BabyMD to Hoola Health is meant to signal a wider ambition to serve children across more stages of growth.
The company said it already runs five clinics in Bengaluru, including centres in Bellandur, Electronic City, HSR Layout, Kasavanahalli Road, Varthur and Yelahanka, and has served more than 20,000 families in just 18 months.
