NirogStreet, a Gurugram-based ayurvedic doctor discovery and appointment booking platform, announced that it has raised $2 million in pre-Series A funding led by Wavemaker Partners and Amand Ventures, along with existing investor Spiral Ventures.
The startup will use the current financing for deeper penetration, strengthen technology platform, and digitise the supply chain. The funds would also be using its resources to strengthen its reach and offering to the Ayurveda doctors by providing an engaging technology platform.
The startup said it is building a network of world-class certified Ayurvedic clinics for the delivery of world class services to patients in the challenging health environment.
Speaking about the platform, Ram N Kumar, Founder, NirogStreet, said, “As a B2B2C technology-enabled and doctor-led platform, we are consistently streamlining the supply chain of Ayurvedic services and medicine, transforming it into a proper healthcare system by engaging and empowering Ayurveda doctors and clinics to create an experience that patients can trust.”
“The recent investment will be employed to strengthen the technology platform and strengthen the supply chain to ensure delivery of quality medicines to Ayurveda doctors and clinics,” he added.
Founded in 2016 by Ram N Kumar, NirogStreet claims that it is exclusively catering services to over 50,000 doctors on its peer to peer learning, patient engagement and ecommerce platform.
From its network of 200 NirogStreet certified Ayurvedic clinics, the company aims to expand to 5000 clinics by 2022. With the growing adoption and demand of Ayurveda across the world, the brand has plans to expand globally.
Paul Santos, Managing Partner of Wavemaker Partners said, “NirogStreet has been doing some groundbreaking work in mainstreaming Ayurveda discipline not just in India but across the globe by strengthening the trustworthy Ayurveda practitioner fraternity in India and nurturing the sustainable healthcare ecosystem by capacity and knowledge building. We’re proud to back Ram and his team at NirogStreet.”
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