Diabetes startup Breathe Well-being has raised $1 million from 3One4, others in a pre-Series A funding round. The round saw participation from angel investors Ashish Gupta (former-MD of Helion Ventures), Sandeep Singhal (managing director at Nexus Venture Partners), Stanford Angels and Entrepreneurs India.
“Funds raised will be used for scaling up the tech platform, strengthening the coaching academy and team expansion,” the company informed in a release.
“Diabetes is a nasty disease. If left untreated, it can lead to complications that include heart disease, stroke, kidney damage and nerve damage. Adults with diabetes are at 2-3 times the risk of heart attacks and strokes. The current solution, medications, have a long-term impact on one’s health too. We wanted to address the root cause of type 2 diabetes, which is insulin resistance, by helping people increase their body’s ability to tolerate glucose by making lifestyle interventions through diet, exercise and meditation,” said Rohan Verma, co-founder & CEO.
Breathe Well-being (under the parent company Aurogreen Health Pvt Ltd) claims that its clinically proven program has helped over 10,000 members to lose weight, reduce blood sugar and prevent health complications.
Principal & head of investments at 3one4 Capital – Anurag Ramdasan said, “We are firm believers that the healthcare delivery model to reach the masses should be tech-abled. Breathe Well-Being is attempting to unlock this potential and is already showing good results.”
