HiNirog HealthTech Pvt Ltd, which operates the healthcare portal NirogStreet, which gives access to Ayurvedic physicians, has raised $12 million, or around 98.4 crore, in a Series B capital raising from early-stage venture firm Jungle Ventures.
NirogStreet Ayurvedic Medical Startup
Each round also included current investors Spiral Ventures, an ICMG Partners-managed fund, DoorDash's Gokul Rajaram, and Japanese bank SMBC's co-head for Asia Pacific Rajeev Kannan, as well as Anthony Weldon's family office as a new investment.
NirogStreet, situated in New Delhi, plans to use the new funds to expand its supply chain, technology, and service offerings.
"We envision ourselves organizing in an unorganized market as a healthcare firm." By addressing trust and supply-chain issues, we are empowering everyone in the ecosystem and developing a better healthcare organization." The creator of NirogStreet.
Kumar founded the firm in June 2016 to provide a forum for Ayurvedic practitioners. Its offerings include integrated doctor-led prescription ecommerce enablement, peer-to-peer learning for Ayurvedic practitioners, digital health record management, and smart clinics.
NirogStreet raised $5 million in January of this year, bringing the total amount raised by the company to $22 million.
"Our objective of improving healthcare globally through technology and ayurveda solutions is scaling and strengthening," added Kumar, who also founded PaintingHouse and Marketech.
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