India: Online health startup CureJoy raises $1.15m from Accel Partners, others

Visual sourced from the CureJoy website

Online health and wellness start-up CureJoy Inc. has raised $1.15 million, in a funding round led by Accel Partners India.

The company, which is headquartered in California with most of its operations managed from Bengaluru, said the money will be used to expand its services in India as well as other locations and to strengthen its team.

Larry Braitman, founder of Flycast and Adify, Venk Krishnan, founder and CEO of Nuware Technologies and serial entrepreneur Subrata Mitra participated in the round, the company said in the statement. The company has so far received two rounds of investments from Accel Partners India and Independent Angels based out of India and the US.

Online health and wellness start-ups in India has attracted considerable investor attention in recent times. Doctor discovery platform and online healthcare service provider Practo Technologies Pvt Ltd raised $90 million in August to increase its lead over local rivals as well as to expand its operations internationally. The company acquired hospital information management solutions provider Insta Health Solutions for $12 million last earlier this month.

Incorporated in October 2013, CureJoy was founded by Dikshant Dave and Shrinivasa Sharma and provides curated content on health and wellness by experts from reputed universities.

“We have seen a tremendous growth over the last six quarters and we consider this to be the right time to scale our operations in order to cement our position as the fastest growing company in the online health and wellness segment,” Dave said, in a statement.

The company claims over 8 million site visits per month.

Also Read:  Online doctor discovery platform Practo acquires Insta Health for $12m

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This article was first published on Livemint.com

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.