Hoola Health, previously known as BabyMD, has successfully raised $5 million in a funding round led by Peak XV’s Surge, with contributions from existing investor W Health Ventures and notable angel investors including Ashish Gupta, Abhishek Goyal, and Bijou Kurien.The Bengaluru-based startup plans to utilise the fresh capital to expand into new markets, enhance its technology capabilities, and scale its integrated paediatric care model. Founded in 2024 by Deeksha Senguttuvan, Hoola Health operates child-focused clinics that provide paediatric consultations, vaccinations, diagnostics, developmental therapies, and specialist care.Hoola Health combines physical clinics with digital tools for vaccination records, growth tracking, prescriptions, and developmental monitoring. Over the past 18 months, the firm has opened five clinics and served more than 20,000 families. The startup reports that over 60% of new patients are acquired through word-of-mouth referrals, and more than 60% of monthly visits are from returning families.Notably, approximately 35% of Hoola Health’s revenue is derived from developmental therapies, indicating a rising demand for integrated child healthcare services. The company aims to launch 30 additional clinics across Bengaluru, Hyderabad, and Delhi NCR in the next two years and plans to introduce new services, including paediatric dental care.Alongside this funding announcement, the startup has rebranded from BabyMD to Hoola Health to broaden its focus across various stages of child healthcare and development.
