Total amount raised
₹270 Million
Latest funding date
03/01/2022
Location
Curelink has successfully raised funds through a Seed Round, attracting 13 investors, including notable names like Harsh Mahajan and Farid Ahsan. The platform offers personalized, doctor-prescribed care plans aimed at supporting physical, emotional, and mental well-being.
Keep reading to explore the intricacies of Curelink's fundraising journey and the investors backing this innovative health-tech platform.
What Is Curelink?
Curelink is a health-tech platform based in Gurgaon, Haryana, India, that connects doctors to patients via WhatsApp. The company operates in the health care, medical, and wellness industries, offering personalized, holistic care plans prescribed by doctors to support physical, emotional, and mental well-being.
Founded in an unspecified year, Curelink has an employee count ranging from 51 to 100. The company emphasizes human connection, quick response times, and a doctor-integrated approach, providing specialized care plans for various conditions such as postpartum, preconception, PCOS/PCOD, pregnancy, and weight management.
How Much Funding Has Curelink Raised?
- Seed Round
- Amount Raised: $3.5 million
- Date: March 2022
- Lead Investors: Elevation Capital, Venture Highway
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: The funds will be used to ramp up hiring across various functions, expand geographically, and diversify services across different medical specializations like dermatology, pediatrics, and psychiatry.
Total Amount Raised: $3.5 million. Current Valuation: Not publicly disclosed.
Key Investors
- Elevation Capital
- Details: Elevation Capital is a venture capital firm that invests in early-stage startups. They have offices in Bengaluru, Gurugram, and Salt Lake City.
- Investment Focus Areas: Consumer internet, SaaS, fintech, D2C, edtech, healthtech, web3/crypto.
- Notable Investments: Over 150 companies across multiple sectors.
- Venture Highway
- Details: Venture Highway is a venture capital firm that provides seed funding to early-stage startups. They focus on leveraging technology to solve significant problems.
- Investment Focus Areas: Early-stage startups, technology, innovation.
- Notable Investments: Specific investments not detailed in the sources.
- Digital Sparrow Capital
- Details: Digital Sparrow Capital is an investment firm. Specific details about the firm are not extensively covered in the sources.
- Investment Focus Areas: Not specified in the sources.
- Notable Investments: Not specified in the sources.
- Vijay Shekhar Sharma
- Details: Vijay Shekhar Sharma is the founder of Paytm, a leading digital payments and financial services company in India.
- Investment Focus Areas: Fintech, digital payments, technology.
- Notable Investments: Paytm.
- Ankush Sachdeva and Farid Ahsan
- Details: Ankush Sachdeva and Farid Ahsan are co-founders of ShareChat, a social media platform that caters to Indian users in regional languages.
- Investment Focus Areas: Social media, technology, regional content.
- Notable Investments: ShareChat.
What's Next for Curelink?
As Curelink looks to the future, the opportunities for growth are vast. The company plans to expand its services into new medical specializations such as dermatology, pediatrics, and psychiatry. Additionally, Curelink aims to broaden its geographical reach to include Delhi NCR and other Tier 2 cities like Lucknow and Jaipur. This expansion could significantly increase their user base, tapping into the large market of chronic disease patients in India.
Future fundraising opportunities appear promising as Curelink continues to demonstrate growth and scalability. The health-tech sector is booming, and Curelink's innovative use of WhatsApp for doctor-patient communication positions it well for attracting further investment. As the company scales, it may also explore strategic partnerships or acquisitions to enhance its service offerings.
However, Curelink will face challenges along the way. Competition from other health-tech startups is fierce, and ensuring data privacy and security on widely-used platforms like WhatsApp is crucial. Additionally, managing rapid growth while maintaining high-quality, personalized care will be essential for sustained success.
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