Info-tech

CureJoy raises ₹7.6 crore from Accel Partners

Priyanka Pani Mumbai | Updated on January 22, 2018 Published on September 16, 2015

CureJoy, an online health and wellness start-up based in Bengaluru and San Francisco, has secured $1.15 million (₹7.6 crore) in Pre-Series A funding led by Accel Partners.

A few serial entrepreneurs, including Subrata Mitra, Larry Braitman and Venk Krishnan (Founder of Nuware Technologies), also participated in the latest round. 

Founded by Dikshant Dave and Shrinivasa Sharma in October 2013, CureJoy helps users find fresh and credible content and answers using backend algorithms and technology to some of the most common health-related questions. Besides, they can also seek advice from the health experts from well-known universities like Stanford or UCLA.

Expansion plan

Dikshant Dave, Founder and CEO, CureJoy, told BusinessLine that besides investing in technology and team, the company would use the funds to further expand its services in India as well as in Australia, UK, Germany and Spain. The company has also launched a mobile app recently and is already witnessing 6X growth of what they saw on the web.

Focus areas

Going forward, the company would also be focusing on verticals such as food and beauty. “We have always focussed on the community aspect of the business, the most. Having separate interest groups will allows us to create much cohesive communities with even higher levels of engagement. We are also looking to grow our expert pool from current 2,500 registers experts to over 10,000 in next few quarters.”

CureJoy has 7-8 million monthly active users on its platform and the target is to grow this to 45-50 million in the coming years. Dave added that India is in the midst of a healthcare revolution where technology is playing an important role.

As access to internet and smartphone usage is growing, new trends in $12-billion healthcare markets are also emerging.

Published on September 16, 2015
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