Good Health Clinic funding
Good Health Clinic (GHC), a subsidiary of healthtech startup Digi-Prex, announced that it has raised $5.2 million from Khosla Ventures, Quiet Capital, W Health Ventures, and Weekend Fund, among other angels.
The startup plans to utilize the freshly raised funds to invest in new categories, build out a team, and create a strong infrastructure. The startup offers a full-stack solution for patients with conditions like hair fall, sexual health, weight loss, skin care, etc. The products were launched in January this year with the hair fall category; the startup has been swiftly adding more categories since then.
Commenting on the development, Samarth Sindhi, Founder, GHC said, “We have gotten off to an exciting start and want to keep building on our momentum. Our plan is to expand into more categories that solve similar common health problems for people from the comfort of their home. We plan to improve the availability of information around these conditions, allowing people to really understand what is causing their conditions, and why and how our solution will help them.”
He added that the startup strives to offer a full-stack solution for patient problems. GHC provides unlimited free consultations with their team of experts, and a course of treatment is prescribed for each condition specific to the patient.
Earlier, parent company Digi-Prex had raised $5.5 million in its seed round of funding, led by Khosla Ventures. It was founded in 2019 by Samarth, a mechanical engineering graduate from Brown University. The startup was selected for Y Combinator’s Demo Day in August 2019.
The healthcare sector, which is currently booming in India, is likely to grow to $372 billion by 2022. Practo, NetMeds, 1mg, and PharmEasy are the other players in the medication delivery space.
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