Ayurveda startup NirogStreet raises INR 100 Crores

Ayurveda startup NirogStreet raises INR 100 Crores. The startup is planning to use the funds to intensify its supply chain, service offerings, and technology.

Ayurveda startup NirogStreet raises INR 100 Crores

 

NirogStreet, an Ayurveda startup, raised INR 100 Crores in a Series B funding round led by Jungle Ventures. NirogStreet Founder and CEO Ram N Kumar said, “This new fundraise will help us strengthen our supply chain, service offerings, and tech that will help us realize the vision we are working to achieve.”

 

The company is streamlining the supply chain of Ayurvedic services and medicines “to enable the doctors to deliver trusted healthcare and working towards making Ayurveda the first call of treatment.”

 

Ram Kumar founded NirogStreet in 2016. The technology platform helps doctors to smoothly run the supply chain of Ayurvedic services and medicine. NirogStreet enables doctors to provide better healthcare and medical services to patients. It offers services like doctor prescriptions and peer-to-peer learning from Ayurvedic doctors eliminating the need for instructors.

 

“NirogStreet is transforming the entire Ayurveda value chain by infusing trust, quality, access, and scale to the industry. Ram and his team are building an industry-first Ayurveda ecosystem with their unique community-first, knowledge and commerce approach that transcends from ingredients to consumers,” said Anurag Srivastava, Founding Partner at Jungle Ventures, in a statement.

 

Investors such as Spiral Ventures, ICMG Co-Creation Fund and angel investors such as DoorDash’s Gokul Rajaram and Japanese bank SMBC’s APAC co-head Rajeev Kannan and the family office of Anthony Weldon also participated in the round. The company raised $4 million in December last year in a round led by CE Ventures, the corporate venture capital platform of Crescent Enterprises and ICMG. 

(Edited by Rajeev Pillai)

 

Contributed By: (blank)
Tags : #fundingalert #NirogStreet #Ayurvedic #healthcare #Ayurveda #prescriptions #helthcarestartup #medicircle #smitakumar

About the Author


Rajeev Pillai

Rajeev Pillai has accumulated extensive experience in the Electronics and Telecom Service Industry with global companies in the Middle East. Being a continuous learner with a lifelong passion for writing, Rajeev writes on topics such as Healthcare, Finance, Travel and Technology.

Related Stories

Loading Please wait...

-Advertisements-



Trending Now

The National Health Policy achieved a new milestoneDecember 01, 2022
World AIDS Day- 1st December 2022December 01, 2022
Burning Mouth Syndrome - Causes, Symptoms, and Solutions December 01, 2022
Vetic Raises $3.7 Mn in Seed Funding December 01, 2022
Diagnostic lab test with time-bound and standardized solutions by PhleboIndiaDecember 01, 2022
Why is Early Intervention (EI) so important for autism?November 30, 2022
Heart failure – Symptoms, risk factors, and treatmentNovember 30, 2022
How to consume Bulletproof coffee for weight loss?November 30, 2022
MedySeva Gives New Dimension to Affordable TelehealthNovember 29, 2022
A mental healthcare revolution with Trijog November 29, 2022
Health Basix – In-school healthcare partner for your kidsNovember 28, 2022
Health-tech startup Healthkart raises Rs 536.52 Crore led by TemasekNovember 28, 2022
TummyFriendly Foods – Harmless Bio-available nutrition for little onesNovember 28, 2022
Causes, Symptoms, and Solutions to Lung Cancer November 28, 2022
5 reasons behind premature hair grayingNovember 26, 2022
Connect2MyDoctor’s cARe - Augmented Reality tool playing a crucial role in patient educationNovember 26, 2022
Bollywood Actor Kajal Aggarwal invests in D2c Startup TACNovember 26, 2022
Causes, Symptoms, Treatment, and Preventive Solutions for Ovarian Cancer November 26, 2022
Men’s health firm Bonatra raises Rs 5.5 Cr in the pre-seed funding roundNovember 25, 2022
Why is Samantha Ruth Prabhu hospitalized again in Hyderabad?November 25, 2022