Mumbai-based health care technology platform focused on alternate medicine, Welcome Cure, has raised $6 Mn (about INR 40 Cr) in pre-series A round of funding from two angel investors.
According to sources, the company raised the amount in two tranches. $1 Mn was raised from high net-worth individuals and $5 Mn from one of India’s largest media house.
With the newly raised capital, Welcome Cure plans to utilize it for marketing and expansion activities
Welcome Cure was started in 2014 by Dr. Jawahar J. Shah, an award-winning homeopathic practitioner, technocrat, educationalist and academician; and Punit Desai, an entrepreneur with vast experience, investments and capabilities in solar power, ecommerce & home shopping, films, media and entertainment sectors.
Welcome Cure is a virtual clinic that offers modern healthcare facilities of online consultation via video chat, live chat, Skype, telephonic and email interactions with expert physicians worldwide, at consumer’s convenience.
The startup boasts of a network of over 100 world class renowned doctors registered from across the globe, providing unlimited treatment for over 100 diseases under one digital roof.