Indian health care company CureFit received $15 million in Series A financing, which tops the list of early start-ups in India, which is used primarily for product development and to enhance the company's technical backbone.
Founded in 2016, CureFit is an online platform for healthcare and fitness. The company combines online and offline methods, including participation, mentoring and delivery, to educate customers about preventive care. The company was founded by Mukesh Bansal, former head of e-commerce platform at Flipkart (Indian E-Commerce), and former chief business officer Ankit Nagori. Nagori said: "In the past few years in India, there has been no development in the healthcare industry. The practitioners in the health care industry do not see this demand for technology because they do not have a long-term view of the problem. They Or adopt a face-to-face consultation model that still follows the primary, secondary and tertiary health care models."
Founders Bansal and Nagori resigned from Flipkart in February this year, and in March they got together $5 million to create the company. Bansal is primarily responsible for technology and product development, while Nagori's work focuses on company operations and business strategy. Currently, the CureFit team has a total of 7-8 employees responsible for product, technology and other aspects of the work. The company plans to recruit some engineers and analysts to carry out related fine-tuning work when the platform is launched.
Investors in the CureFit A round of financing include Kalaari Capital, Accel Partners and IDG Ventures, all of which are involved in the early financing of Flipkart's fashion electronics retailer Myntra, while Accel Partners is also an investor in Flipkart.
CureFit plans to launch a healthcare service application platform in the first half of next year and plans to establish partnerships with offline health and fitness service providers such as stadiums. Subrata Mitra, a partner at Accel Partners, said: "Proactive health management is a big market segment, and it requires a collaborative spirit of online and offline, and each has its own authority to control this field." CureFit's two co-founders agree with this statement, and also believe that the preventive health market has great potential, including nutrition, diagnosis, fitness, mental health and meditation, so they are currently planning to focus on market expansion in this area, no further increase. Other aspects of product platform service plans.
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