Former Myntra and Flipkart executives Mukesh Bansal and Ankit Nagori made an announcement recently that their new startup CureFit had bagged $15 M from Accel Partners, IDG Ventures and Kalaari Capital on the first day itself. The venture is scheduled to get launched in early 2017 and it would make it easy for the users to take care of their health proactively.
CureFit is a perfect amalgamation of engagement, coaching and delivery developed by a combination of online and offline channels. According to the startup, customers will be able to avail end-to-end proactive health management through meticulously integrated online and offline experiences. It would enhance the standard of living and considerable cut down the possibility of falling ill or long term chronic diseases.
At present, the company is looking forward to hire employees who love math and DNA, science and psychology, problems and imagination. They are facing a challenge with a downloadable code and key on their website.
Accel Partners, IDG Ventures and Kalaari Capital are the investors of CureFit who are anticipating a successful venture from the founders of Myntra and Flipkart. According to the partner of Accel Partners, Subrata Mitra, proactive health is a large area and the correct combination of online and offline proficiency is needed for it. It is a bit complicated and only the right entrepreneur can address it.
Healthcare is one of the most progressing industries in India and it would touch $280 Billion by 2020. There are various services available in the market but they do not meet the needs of the users. Ankit claims that their new venture is an end-to-end solution allowing users to cut down the costs and enhance the way of living by staying healthy.
The giants in healthcare industry of India are Tencent-backed Practo and Accel-backed Portea. Approximately 4 billion transactions take place in healthcare industry in India annually. In the last few months, many opportunities are discovered in the world of healthtech. There are startups for hospital management systems, searching doctors and delivering medicines at the doorstep. Home healthcare services are the next trend in the days to come.