Wednesday, 20 October 2021

Digital health startup Navia Life Care raises $1 M

18 August 2021 | News

The company plans to use the capital for technology, business development, product innovation and development, strategic hiring, and business expansion across India

Image Credit: Shutterstock

Image Credit: Shutterstock

Digital health startup Navia Life Care has raised $1 million in funding en route to their Series A raise. The investment was led by Anicut Angel Fund, the equity arm of Anicut Capital, with participation from 9Unicorns and other notable angel investors. The startup aims to close a $5 million Series A in the next three to four months.

 

The fresh funds will focus on strengthening the company’s position as one of the fastest-growing digital health startups in India, which is helping in reducing information asymmetry and increasing access to quality health information across the ecosystem. It will further allow the company to use the capital for technology, business development, product innovation and development, strategic hiring, and expansion across all healthcare hubs of India, metro cities along Tier-II and III cities.

 

Kunal Kishore Dhawan, Co-Founder, Navia Life Care, said, “With the new funding coming in we have an opportunity to build a base for the next leg of our growth and we are grateful to partner with investors who share our vision.”

 

 

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