Elda Health raises Seed funding of $1.5 mn; to scale up offerings, operations

Elda Health raises Seed funding of $1.5 mn; to scale up offerings, operations

PTIUpdated: Thursday, August 26, 2021, 02:30 PM IST
article-image
Elda Health is a healthcare platform for women | NikolayFrolochkin

Women healthcare platform, Elda Health on Thursday said it has raised $1.5 million (around Rs 11 crore) in a seed funding round from Avaana Capital, Orios Ventures and Ananth Narayanan Family office.

This amount will enable the company to scale up offerings, operations, hire new talent, onboard health and wellness professionals and doctors to expand its circle of expertise, Elda Health said in a statement.

"Elda's community of 35+ y/o women is a safe space for their wellness conversations, counselling and curated health programs. We're thrilled to have found a set of partners whose ideals align with ours. Their backing and experience will accelerate our efforts to ensure the prioritization of women's health," Elda Health Co-Founder and CEO Swathi Kulkarni said.

"We are starting with midlife women's healthcare, as that remains the most unpenetrated, and plan to expand from there. With our investing partners on board, our conviction towards this mission is stronger than ever," Elda Health Co-Founder Sindhuri Ananth said.

RECENT STORIES

Gold Shines Bright: Jumps ₹400 To Breach ₹74,000 Mark; Silver Hits Fresh Peak

Gold Shines Bright: Jumps ₹400 To Breach ₹74,000 Mark; Silver Hits Fresh Peak

'Ethylene Oxide Presence': Singapore Issues Recall On Everest Fish Curry Masala Due To Harmful...

'Ethylene Oxide Presence': Singapore Issues Recall On Everest Fish Curry Masala Due To Harmful...

Ford Territory Name Trademarked in India, Set to Compete with Mahindra XUV700 and Tata Harrier

Ford Territory Name Trademarked in India, Set to Compete with Mahindra XUV700 and Tata Harrier

5-Month-Old Ekagrah Murty To 'Earn' ₹4.2 Crore From Infosys' Blockbuster Earnings Dividend

5-Month-Old Ekagrah Murty To 'Earn' ₹4.2 Crore From Infosys' Blockbuster Earnings Dividend

'Torn And Taped': X User Shares His Ordeal After SBI ATM At Delhi Airport Dispenses Damaged ₹500...

'Torn And Taped': X User Shares His Ordeal After SBI ATM At Delhi Airport Dispenses Damaged ₹500...