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Breathe Well-being funding

breathe well being funding

Healthtech startup Breathe Well-being announced on Tuesday that it has raised $1 million in pre-Series A round led by 3one4 Capital. 

Ashish Gupta, former Managing Director of Helion Ventures and investor with platforms like Flipkart, MakeMyTrip, and naukri.com; Anjali Bansal, Founder of Avaana Capital; Suhail Sameer, Group President of BharatPe also participated in the round. 

Established by serial entrepreneurs Rohan Verma and Aditya Kaicker last year amidst the pandemic, the startup strives to support people to prevent, manage, and reverse Type 2 Diabetes. 

Using an interactive gamified approach, it provides a clinically proven and personalized digital program to overcome the disease by helping users decrease HbA1c and lose weight. 

The startup plans to use the freshly raised funds to strengthen its coaching academy, build the core team, and improve its technology platform. 

Commenting on the development, Rohan Verma, Co-founder and CEO, Breathe Well-being said, “Our program addresses 70 million diabetic people who feel that they have no choice but to stay on medications. This number is set to touch 130 million by 2025. The current fund raise comes at a crucial point in our journey as we are seeing significant traction both on the users’ and coaches’ side. The funds raised will help us grow our capabilities both from tech and coaches’ perspective and also enable us to scale exponentially.” 

He added that the startup is attaining visibility via word-of-mouth.

The startup claims to have encouraged over 10,000 users to lose weight, reduce blood sugar, and prevent other health complications. 

Anurag Ramdasan, Principal and Head of Investments, 3one4 Capital said that the startup has an innovative delivery model with D2C, community, and coach-driven modes. 

“Rohan and Aditya have shown amazing insights in building this company and their strong approach to first principles and fundamentals have us excited to lead their round. Breathe Well-being has a phenomenal team with deep expertise in healthcare, community, and lifestyle management and we think are perfectly positioned in creating a healthcare revolution in the digital delivery space and we are super excited to be part of this journey,” he added. 

The Y Combinator-backed startup is offering special yoga classes free of cost amidst the second wave of COVID-19.

Medical services are in huge demand in these difficult times and startups like Breathe Well-being are serving several diabetic people with their services. I’m sure the company has huge growth prospects. My best wishes to the team of Breathe Well-being.

Shishir Gupta, Founder and CEO, StartupLanes

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