Hoola Health raises $5 million led by Peak XV’s Surge
The paediatric clinic operator plans to expand beyond its initial Bengaluru network.
Hoola Health announced $5 million in funding on June 10, 2026, led by Peak XV’s Surge. Existing investor W Health Ventures and angels including Ashish Gupta, Abhishek Goyal and Bijou Kurien participated.
The company planned to open 30 additional clinics across Bengaluru, Hyderabad and the National Capital Region over two years, while investing in technology and specialist services. It then operated five Bengaluru clinics and said it had served more than 20,000 families.
The announcement also introduced the Hoola Health name, replacing BabyMD as the company broadened its ambition to support children through different stages of growth.
Use of funds
Clinic network expansion
Technology development
Integrated paediatric care