Herbal products maker Shri Chyawan Ayurved has secured $200K in series seed round funding led by Raipur-based CA and Angel Investors Dhaval Shah and Vibhor Kanodia.
Founded by Devkar Saheb, Shri Chyawan Ayurved plans to use the raised funds for research and development of Shri Chyawan Ayurved products, business expansion, and marketing of its EHO Healthcare app.
Speaking on the fundraise, Devkar Saheb, Founder of Shri Chyawan Ayurved said, “We are delighted with the investments received so far. We are happy with the trust and commitment that our investors have shown. At Shri Chyawan, we are motivated by the vision of revolutionizing the healthcare segment.”
“Healthcare in India is expensive and the majority of the population cannot afford medical bills. Through EHO Healthcare people can access proper medical facilities at a reduced cost. In order to extend this service to the people of India, we needed a helping hand and are glad to have investors who share our vision. We look forward to a fruitful collaboration,” Devkar further added.