Parenting start-up Healofy raises $1 million from Omidyar Network

"With Omidyar Network's support, we plan to grow our active user base 10x in 2018," said Gaurav Aggarwal, chief executive officer, Healofy

fundind, startup
Illustration: Ajay Mohanty
BS Reporter Bengaluru
Last Updated : Mar 14 2018 | 4:10 PM IST
Healofy, a parenting start-up, has raised $1 million from Omidyar Network as part of their seed round.

The multilingual platform will use the fresh funding to add key talent in leadership positions across segments; build onto the existing personalisation engine and add more regional languages to the app. It currently supports eight local languages, including Hindi, Gujarati, Bengali, Marathi and Tamil.

“With Omidyar Network’s support, we plan to grow our active user base 10x in 2018,” said Gaurav Aggarwal, chief executive officer, Healofy.

According to reports, India loses more than 50,000 pregnant women and 1.8 billion babies due to lack of information on pregnancy and baby care.  

“We built a WhatsApp bot, Swasth Bacha Abhiyaan, through which we sent personalised ‘daily tips’ on pregnancy and parenting to more than half a million Indian moms in their local language. Witnessing the demand first-hand, we evolved into Healofy,” added Aggarwal.

The company had previously raised funds from Anupam Mittal, founder of Shaadi.com, and Jitendra Gupta, founder of Citrus Pay and other Silicon Valley based marquee investors in October last year.

“As the next half a billion users come online in India over the next five years, they will need local language and India-first content. In addition, women as a demographic are severely under-represented amongst Indian internet users. Healofy, with its tailored and habit-forming parenting social network, is tackling this problem head-on,” said Siddharth Nautiyal of Omidyar Network. The firm has so made 207 investments so far with 64 lead investments.

The $30-billion parenting market in India has seen the birth of several app based start-ups, providing a platform to new parents seeking guidance on pre and post pregnancy phases. Some of these are Tinystep, Parenttune, Parentlane, Babychakra, Zen Parent and Babygogo. Flipkart-backed Tinystep raised $2 million in funding last year. 

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story