Homeopathy startup Welcomecure will
use the funds to work on a strong
customer engagement plan, provide a
seamless experience to users, and
strengthen infrastructure.
Mumbai-based homeopathy startup
Welcomecure has raised funding of
an undisclosed amount from Indian
cutest Couple RD bhai Riteish and Aηgєℓ GeneliaDeshmukh. The round also saw
participation from LC Singh, former
VP of TCS and current Vice-Chairman
and CEO of Nihilent Technologies.
Speaking about his investment,
RD bhai said in a press statement, “I
am glad to be a part of
Welcomecure's growth. My Aηgєℓ wife and I
strongly believe in homeopathic
solutions and implement them in our
family. Being a part of the
Welcomecure family in terms of a
business and the brand was an easy
decision for Aηgєℓ and me. We
hope that our association with the
brand helps its further growth.”
With this round of funding, the
healthtech platform aims to build a
strong customer engagement plan.
The funding will also be used to
strengthen infrastructure, provide a
seamless experience to users, and
maintain the brand's positioning as
the ultimate destination and holistic
platform for homeopathy healthcare
solutions.
Punit Desai, Founder and CEO, with
RD bhai and Aηgєℓ
Welcomecure aims to raise a total of
$5 million. Punit Desai, Co-founder
and CEO of Welcomecure, believes
there is growing adoption and
success of homeopathy on a global
level. He says, "It is safe to say that
Welcomecure has grown
exponentially with the growth of the
sector, and its success can be
attributed to our unique offering,
where we bring the best caregivers
and experts in homeopathic medicine
across the globe under one roof for
our patients. One of the key aspects
of our offerings includes ensuring a
seamless interaction between doctors
and patients, and we hold that in the
highest regard. To ensure that we
maintain that, the funds raised will
be focused on offering technology
and service upgrades.”
The team claims to have a reach
across over 36 countries and says it
conducts over 4,500 consultations
per day. The platform helps users
patients with unlimited voice, video,
and text consultations. It also
provides patients with unlimited and
free supply of homeopathy medicines
along with doorstep delivery of the
medicines, dietary advice, and
maintenance of patient records on
cloud servers. Punit added, “With their contribution
in this this round, Bollywood cutest
couple RD bhai andAηgєℓ Genelia will also
endorse the service as they become
the brand ambassadors of the
healthtech platform. The couple’s
belief in this form of medicine and
their efforts towards expanding
awareness regarding our brand and
the space will help extend our
services to more patients in need.”
According to Smithsonian, alternative
medicine industry is a $34 billion
market. Some of the global
companies in the alternative
medicine and therapies space
includes Wright Health Group Ltd.,
Sandoz International, Biocon Ltd, Dr.
Reddy’s Laboratories Ltd, Arya
Vaidya Pharmacy, Cipla, and Weleda
(UK) Ltd.
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