Celes Care, a Hyderabad-based virtual health clinic for women, has received around $1 million (Rs 6.7 crore) in a seed round of funding from early-stage venture capital firm Endiya Partners and a few affluent individuals, a person close to the development told VCCircle.
The company aims to use the funds for technology enhancement, marketing and brand building, the person said on the condition of anonymity. He didn’t reveal the names of the individual investors.
Raghu Bathina, co-founder and CEO of Celes Care, declined to comment. An email query to Endiya Partners did not elicit any response till the time of filing this article.
Patient Focus Pvt. Ltd, which owns and operates CelesCare, was founded in 2015 by Bathina and Rajah Koppala. Bathina holds a master’s degree in computer engineering from the University of Southern California while Koppala graduated in medicine from Osmania Medical College, Hyderabad and was the managing director of Avis Hospitals before starting this venture.
Celes Care allows women to connect with female doctors for health consultations. It aims to become the primary telemedical platform in India for women. The platform is available both on mobile and computer, and doesn’t charge any consultation fee at the moment.
Celes Care joins several other health-tech startups to raise funding in the recent past. InfraDigital Technologies Pvt. Ltd, which operates online doctor consultation platform AlternaCare, raised $500,000 in seed investment from Eros Labs earlier this month.
Video-based healthcare consultation platform SeeDoc raised around $1 million in its pre-Series A round of funding led by early-stage venture fund YourNest in July. Doctor consultation startup DocsApp secured seed investment of $1.2 million from investors led by Japanese venture capital firm Rebright Partners in April.
Hyderabad-based Endiya Partners invests in technology, healthcare and consumer services sectors. It has previously backed app developer toolkit startup Hansel.io, software-as-a-service startup Darwinbox and food technology company InnerChef.
Like this report? Sign up for our daily newsletter to get our top reports.
