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Healthcare startup PregBuddy secures undisclosed seed funding from Indian Angel Network

ANI  |  New Delhi [India] 

Focused on creating prominence in care for expecting mothers, Bengaluru based startup on Monday announced that it has raised an undisclosed amount in a seed round of funding from Indian Angel Network (IAN), India's first angel network.

Other investors who participated in the round include Rajan Anandan, an member and MD India; Madhusudhan Kannan, officer of and emerging markets; Jayant Kadambi, and chairman of YuMe, and Puneet Gupt, COO(News Business) of among others.

Renowned and founder of India's first incubator - HealthStart, Pradeep K Jaisingh, is the lead member joining the company board.

Addressing a huge gap, ensures a timely and easy delivery of high-quality medical care through their continuum platform between doctors and expecting patients.

The platform offers personalised via peer support, organised information, expert access for nutrition, fitness and emotional advice, in addition, to affordable access to essential products and services.

"Technology is playing a defining role in today's system both for enhancing quality and improving access to healthcare in has emerged as an exciting new platform for both caregivers and patients alike, leading to great improvements in patient satisfaction, reduced costs, and improved health outcomes," said lead investor Pradeep K Jaisingh.

"The company has had phenomenal success so far in this domain and we believe they will continue to excel in the industry to be a market leader," he added.

"Over the past 1.5 years, we've seen the impact of our product on expecting mothers' lives. Every day we have at least 100 mothers who are delivering their babies after using PregBuddy. This provides us immense satisfaction and boost to our team to do more. We plan to utilise this investment to expand our team and scale up the platform," said S.L. Sivareena, co-founder, at PregBuddy.

"We're actively looking to hire few passionate people in fields of technology, marketing and development who will join our core-team and work closely with the cofounders and grow along with them," added.

PregBuddy has already seen traction of over 60,000 users and has been growing organically by 20 percent, month-over-month.

Most of their users are first-time moms, living in nuclear families who find the PregBuddy app very useful.

The startup was selected by for their first cohort of Solve for and its Launchpad Build program.

They have recently been awarded by Akshay Kumar, Asian Business Angel Forum, and (DST), for their contribution in the

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 16 2018. 15:00 IST
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