On-demand diagnostics: at-home sample collection, own labs and collection centres, expanding into radiology
Orange Health Labs, founded in 2020 in Bengaluru by Dhruv Gupta and Tarun Bhambra, runs a full-stack, on-demand diagnostics service: at-home sample collection, its own hub-and-spoke central laboratories (one lab serves a ~500 km radius through unmanned refrigerated drop points), and about 100 walk-in collection centres across Bengaluru, NCR, Hyderabad and Mumbai that contribute ~20% of revenue. It plans ~80 more centres this fiscal and ~100 a year after, its first radiology centre in Bengaluru, and integrations with health devices such as BP monitors and CGMs, positioning itself as a "health measurement company". FY26 revenue was Rs 143 crore with a Rs 146 crore loss. In June 2026 it raised a Rs 277 crore (~$29M) Series C led by Iron Pillar, with Crescent Enterprises, Paramark Frontier Fund, Good Capital and existing backers Bertelsmann, Accel and General Catalyst, at an estimated ~$206M post-money. It competes with Dr Lal PathLabs, Thyrocare and Metropolis.
Healthcare📍 Bengaluru, IndiaFounded 2020
Current Valuation
$206M
as of 2026-06-22
PRIVATE
QL Price
$206M
0% vs last round
QuantLogix's current estimate for Orange Health, published 2026-09-23 — in line with the last disclosed round of $206M (2026-06-22).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round
$206M
2026-06-22
weight 0.84
How this price has held up
No round has priced for Orange Health since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-23 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Orange Health, 2026-09-23 (f568cb21c7dffd93).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookprivate
Is Orange Health going public?
No. Orange Health is private and has not filed to go public. There is no S-1 on file.
What is Orange Health's valuation in 2026?
Orange Health is valued at $206M as of 06/22/2026, set by its Series C ($29.26M, Jun 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Orange Health filed an S-1?
No public S-1 is on file for Orange Health.
Who are Orange Health's investors?
Orange Health's investors include Iron Pillar, Accel, General Catalyst, Bertelsmann India Investments, Amazon Smbhav Venture Fund, Crescent Enterprises and 2 more.
How much has Orange Health raised?
Orange Health has raised $76.26M in total across 4 disclosed rounds, most recently a Series C of $29.26M in Jun 2026.
Is Orange Health publicly traded — can you buy Orange Health stock?
No. Orange Health is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Orange Health on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
Founded
2020
HQ
Bengaluru, India
Total Raised
$76.26M
Est. Revenue
$15.1M (FY2026)
Growth
Revenue CAGR ~62% since founding; FY26 revenue Rs 143 crore (+63% YoY) with losses widening to Rs 146 crore; ~100 collection centres (~20% of revenue), adding ~80 more this fiscal
Last Round
Series C — $29.26M (Jun 2026) · Lead: Iron Pillar
IPO Status
private
Fundraising Status
Series C · $29.26M · 3 mo ago
privateTotal raised $76.26M4 disclosed rounds
Series C Impact
Round Size
$29.26M
Primary financing announced
Post-Money Valuation
$206M
Company-announced mark
Round / Post-Money
14.2%
New capital ÷ post-money
Disclosed Funding
$76.26M
Cumulative disclosed rounds
Step-up compares disclosed post-money valuations. Round / post-money is a financing-size ratio, not an ownership or dilution estimate.
Growth & Valuation
Capital raised per round
Charts built from publicly disclosed funding rounds and revenue estimates. Approximate, not real-time, not investment advice.
Funding History
Round
Amount
Date
Lead Investor
Post-Money
Series C
$29.26M
Jun 2026
Iron Pillar
$206M
Series A
—
Accel
—
Series B
$25M
General Catalyst, Bertelsmann India Investments
—
Venture round
$12M
Amazon Smbhav Venture Fund
—
Talent Signal
Hiring data for Orange Health has not been collected yet — the monthly talent sweep hasn't reached this company. Check back soon.
Founders & Key People
Dhruv GuptaTarun Bhambra
Investors
Iron Pillar · Accel · General Catalyst · Bertelsmann India Investments · Amazon Smbhav Venture Fund · Crescent Enterprises · Paramark Frontier Fund · Good Capital
Products
At-home blood and urine sample collection
Diagnostic lab testing (hub-and-spoke central labs)
Walk-in collection centres (~100)
Radiology imaging centres (first in Bengaluru, FY27)
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-06-22. Refreshed quarterly.