Bangalore based startup PregBuddy which ensures high quality medical care through its continuum platform between doctors and expecting patients, has raised an undisclosed amount in a seed round of funding from Indian Angel Network.
The round also saw participation from Rajan Anandan, an IAN Member & MD Google India, Madhusudhan Kannan, Chief Business Officer of Uber India & Emerging Markets, Jayant Kadambi, Co-Founder & Chairman of YuMe and Puneet Gupt, COO(News Business) of Times Internet Limited among others. Renowned Angel investor and Founder of India’s 1st healthcare incubator-HealthStart, Pradeep K Jaisingh, is the lead IAN member joining the company board.
Commenting on the investment, lead IAN investor Pradeep K Jaisingh said “Technology is playing a defining role in today’s healthcare system both for enhancing quality and improving access to healthcare in India. PregBuddy has emerged as an exciting new platform for both caregivers and patients alike, leading to great improvements in patient satisfaction, reduced costs and improved health outcomes. The company has had phenomenal success so far in this domain and we believe they will continue to excel in the industry to be a market leader.”
PregBuddy, an innovative platform which was started in October 2016 by IIT graduates Sivareena and Subhadeep Mondal, offers personalised healthcare via peer support, organised information, expert access for nutrition, fitness and emotional advice, in addition to affordable access to essential products and services.
It was started with a WhatsApp group initially which later became a pregnancy application. PregBuddy has already seen traction of over 60,000 users. Most of their users are first-time moms, living in nuclear families who find the PregBuddy App very useful like a companion throughout the pregnancy.
“Over the past one and half years we have seen the impact of our product on expecting mothers’ lives. Every day we have at least 100 mothers who are delivering their babies after using PregBuddy. This provides us immense satisfaction and boost to our team to do more. We plan to utilize this investment to expand our team and scale up the platform. We’re actively looking to hire few passionate people in fields of technology, marketing and business development who will join our core-team and work closely with the cofounders and grow along with them,” said S.L. Sivareena, Cofounder and COO at PregBuddy.