The startup "made errors in judgment as we followed growth at all costs, including in regard to financial reporting, which we deeply regret," says GoMechanic co-founder Amit Bhasin.
Pristyn Care’s OYO-like business model and impeccable service have attracted both investors and patients alike. But the model and the promise will be tested as the number of surgeries increase.
The Gurugram-based healthcare startup plans to utilise the funds to expand its surgery offerings across more cities. It also wants to use the money to invest in the latest medical technologies.
After seeing several shutdowns a few years ago, the hyperlocal space is abuzz with activity once again with players such as Swiggy and Dunzo expanding their roster of services as funding pours in.