HomeStartupWoman-Focussed Startup ElaWoman Raises $3 million in Series A Funding

Woman-Focussed Startup ElaWoman Raises $3 million in Series A Funding

Reader's Pick

The women-led startup ElaWoman that lists fertility doctors and clinics have raised $3 million in series A funding, as per sources. The investment for the New-Delhi based firm is led by Chiratae Ventures (formerly IDG Ventures India) alongside co-investor Alkemi Venture Partner – a healthcare-focused VC firm. This is the first ever investment for ElaWoman post the completion of its re-branding activity, earlier this year.

Bridging the gap in the healthcare ecosystem, ElaWoman’s platform connects patients with best fertility doctors, in vitro fertilization (IVF) centers, antiretroviral therapy (ART) treatment clinics, etc. Currently, the firm boasts of a wide network of five thousand plus doctors across 32 cities.

Through the fresh funding, the startup aims to enhance its technology framework and expand into other non-metro cities in India alongside preparing a blueprint for global expansion. The firm is poised for greater development with an aim to cater to the Asia-pacific region, thereby tapping into a $4 billion worth marketplace.

ElaWoman CEO Ritu Singh comments that infertility, which is a serious issue, is apparently a taboo in India that can be addressed via technology. Furthermore, the lack of proper consultancy alongside a disparate pricing model of every infertility treatment further aggravates the scenario.

- Advertisement -

“We aim to bridge this gap by building a transparent data-driven community where users can access independent and trusted advice and can connect with specialized experienced doctors specific to their fertility need,” she added further.

close

Stay on top of Budget 2023 with our newsletter

We don’t spam! Read our privacy policy for more info.

close

Stay on top of Budget 2023 with our newsletter

We don’t spam! Read our privacy policy for more info.

- Advertisement -

Read latest Business News and Startup news on TechGraph. Watch live and latest news on TechGraph TV. Follow us on Facebook or follow us on Twitter and Instagram. Listen audio news from TechGraph Briefings on Spotify, Google Podcast, Amazon Music & on Apple Podcast.
 

Krishna Mali
Krishna Mali
Founder & Editor of TechGraph.

Latest News

Promoted Links

Related Stories

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($2...

Sino-US trade war offers Europe’s chance to bank more Chinese reserves: Analysis

Should European countries want the euro to replace the dollar as the world's do...

1Win App: Review India Apk for Android and iOS

The company 1Win has been successfully operating in the markets of many countri...

Employees union seeks FIR against Jet Airways boss Naresh Goyal, Vinay Dube and on SBI Chairman

The employee union of Jet Airways, which is facing its worst crisis, Friday sou...

Samsung Electronics asks its shareholders to use electronic voting for upcoming AGM

Technology giant Samsung Electronics has adopted electronic voting for the firs...

Rahul Gandhi hits on RCEP says, ‘Make in India’ has become ‘Buy from China’

Asserting that "Make in India" has become "Buy from China," Congress leader Rah...

NASA astronauts to carry first ever all-female spacewalk on 29 March

Two NASA astronauts are scheduled to carry out the first ever all-female spacew...
00:05:54

Union Budget 2023: Five Major Changes to the Personal Income Tax Regime

In a major announcement on income tax changes, the government has revealed five...
00:02:04

Union Budget 2023: Infrastructure Investment with Steep Capital Outlay

The Finance Minister, Nirmala Sitharaman, has announced the Union Budget 2023 w...
00:09:17

What Jammu & Kashmir, Ladakh, Northeast & Agritech got from Budget 2023?

Addressing the parliament on the ongoing union budget session, Finance Minister...