Friday, December 01, 2023
Outlook India
Outlook Business

Even Healthcare Raises $15 Million From Alpha Wave And Lightrock

The subscription-based healthcare start-up raised $5 million in seed funding last July

Even Healthcare Raises $15 Million From Alpha Wave And Lightrock
POSTED ON November 13, 2022 7:05 PM

Bengaluru-based Even Healthcare has raised $15 million from multiple new investors, including Alpha Wave and Lightrock, the company claimed in a statement. 

The subscription-based healthcare start-up will utilise this investment to bolster its team of healthcare professionals who can help its users to combat fatal co-morbid diseases, including PCOS and obesity. 

The company raised $5 million seed funding on July 21 from Khosla Ventures, Founders Fund and Lachy Groom. Several investors also participated in the round, including Nikesh Arora, chief executive officer CEO of Palo Alto Networks, Kunal Shah, CEO  of Cred and Tom Stafford, managing director of DST Global Partner. 

Founded in 2020 by Mayank Banerjee, Matilde Giglio and Alessandro Lalgolo, Even Healthcare offers a team of medical consultants to detect and treat critical and co-morbid diseases. 

Users can utilise the benefits like accessing the medical team or treatment in Even Healthcare’s partner hospitals through subscriptions. The firm has three subscription models, priced at Rs 40, Rs 320, and Rs 528, respectively. 

“Co-morbidities like diabetes, high cholesterol, high BP and obesity are quite common in India. They are often uncontrolled due to reluctance to visit a doctor and not getting health checks unless there are symptoms,” co-founder and CEO Matilde Giglio said. 

“Even integrates care delivery and financing, ensuring that members make the best health decisions for themselves with the support of high-quality doctors incentivised to deliver patient outcomes,” added Tejasvi Ravi, lead of Healthcare at Lightrock India.

  • Related Articles

    While many CEOs who went on a guilt trip after announcing retrenchments assured assistance to their sacked employees, it remains questionable how serious are they about keeping their promise

    Are Start-up Founders’ Claims Of Helping Sacked Employees Merely Lip Service?

    This acquisition will help the fintech to intensify its product offerings as it attempts to assist over 10,000 small business owners in India

    Neobank Start-Up ZikZuk Successfully Purchases

    Indian SaaS start-up Freshworks, an inspiration for Indian founders, is eyeballing trouble as a possible class action lawsuit could wipe off a big chunk of its financials besides tarnishing its image...

    Can Freshworks Brace Itself For The US Lawsuit Impact?