Healthcare startup PregBuddy raises Seed funding From Indian Angel Network, others
The Bengaluru-based healthcare startup PregBuddy has raised an undisclosed amount in a seed round led by Indian Angel Network (IAN).
in a statement, the startup revealed the names of investors who participated in the round included Google India managing director and IAN member Rajan Anandan; Madhusudhan Kannan, chief business officer of Uber India & Emerging Markets; Jayant Kadambi, co-founder and chairman of data analysis platform YuMe; and Puneet Gupta, chief operating officer of the news business at Times Internet.
Pradeep K Jaisingh, IAN member and founder of healthcare incubator HealthStart, will now join the board of PregBuddy.
SL Sivareena, co-founder and chief operating officer at PregBuddy said, “We plan to utilise this investment to expand our team and scale up the platform.” The startup was also looking to hire technology, marketing, and business development professionals, she added.
Sivareena and Subhadeep Mondal, both Indian Institute of Technology graduates, had founded PregBuddy in October 2016.
Run by PregBuddy Technologies Pvt. Ltd, the firm focuses on providing medical care to expecting mothers by connecting them with doctors through its mobile app.
It also provides personalised healthcare through peer support and access to nutrition, fitness, and emotional advice.
PregBuddy claims to have 60,000 users, with 20% organic growth every month. It says most of its customers are first-time mothers living in nuclear families.