Fitterfly has raised $12 million in series A funding.

Fitterfly, a Mumbai-based health tech business, would utilize the funding to strengthen its technological stack and branding, as well as expand the scope of its diabetes management digital therapies program.

Fitterfly, a health tech startup, raised $12 million in a Series A round led by Amazon Smbhav Venture Fund and Fireside Ventures.

This follows a $3.1 million pre-Series A financing launched in April of last year. The current round brings the startup's total funding to $16.6 million to date. 

The round was also attended by 9 Unicorns, Venture Catalysts, Nihar Parikh of 4point0 Health Ventures, and Sriram Natarajan of Molbio.

The funding will be used by the Mumbai-based business to strengthen its technological stack and branding, as well as expand the scope of its diabetes management digital therapies program, Diabefly.

"This funding will help us strengthen our research, launch new verticals in the heart health space, and grow our customer base by reaching out to people living with diabetes as well as the universe of doctors and organizations in the field of chronic disease management," said Dr. Arbinder Singal, Fitterfly's CEO and Co-Founder.

"We want to provide our clinically proven diabetes and weight control approach to the individuals who need it the most," he continued.

Fitterfly, created in 2016 by Dr. Arbinder Singal and Shailesh Gupta, provides individualized digital treatment programs to provide health results for diabetes, pregnancy, PCOS, and obesity.

According to the business, it has handled over 20,000 patients with a 360-degree care strategy and professionally recommended therapy by over 200 doctors throughout India.

"I've known Arbinder for over a decade, and his expertise as a doctor and serial entrepreneur is tremendously valuable for establishing an influential global firm," said Kanwaljit Singh, Fireside Ventures' Founder and Managing Partner.

This is Amazon Smbhav Venture Fund's first investment in Indian health tech. Amazon has created a $250 million small company fund.


Tags : #fitterfly #aseriesfunding #AmazonSmbhavVentureFunds #9Unicorns #Venture #4point0Health #Fundingalert #funding

About the Author

Shweta Yadav

I strive to provide you with the most current and up-to-date healthcare news and articles in all main areas. Within the Medicircle umbrella, a wide range of themes and categories concerning health.

Related Stories

Loading Please wait...


Trending Now

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
RedBrick AI, a Healthtech startup, raises $4.6 million in funding from Sequoia India, Surge.November 25, 2022
Now schedule your health check-ups at a much-discounted price with MediWheelNovember 24, 2022
Kamal Haasan gets admitted to Chennai Hospital Today November 24, 2022
India's first Global Women's Health Innovation Conference to highlight the potential of Femtech & Digital InnovationsNovember 24, 2022
Pred Health - HealthTech Startup dedicated to provide Integrated care management for cancer patientsNovember 24, 2022
7 Protein Foods For Gym-Goers November 23, 2022
7 Protein Foods For Gym-Goers November 23, 2022
7 Things to know before you try Keto Diet November 23, 2022
Causes, Symptoms, and Diagnosis of Lung CancerNovember 23, 2022
MBDH Wellness focuses on improving people's lives by offering high quality careNovember 23, 2022
Ayurveda startup NirogStreet raises INR 100 CroresNovember 22, 2022