D2C Startup Good Health Company Raises $10 Million In Series A Funding
Good Health Company (GHC), a Hyderabad-based D2C healthtech startup, has raised $10 million in a Series A funding round led by Left Lane Capital.
Existing investors such as Khosla Ventures, Quiet Capital, and Weekend Fund also participated in the funding round.
The healthtech startup plans to use the new funds over the next few months to introduce more product categories, focus on product innovation, and expand the existing team.
Good Health Company | Digital Health Clinic
Founded by Samarth Sindhi, Good Health Company provides a full-stack solution for patients with conditions like hair fall, sexual health, and weight loss, amongst others.
The digital health clinic offers personalised treatment for health concerns, ranging from expert consultation and clinically-effective products to a comprehensive app that serves as an AI-driven advisor and a progress tracker.
Speaking about the development, Samarth Sindhi, Founder of GHC, said,
“Our aim, right from the first day, was to provide a scientifically proven solution to the unmet healthcare care needs of our consumers. In the last few months, we have worked towards expanding the product categories and introducing informative content to raise awareness about men’s self-care needs. We are happy to have achieved our targets and are thrilled by the trust displayed by our investors as we move to the next step of wellness in India.”
After starting operations in January 2021, Good Health Company initially focused on the personal care market for men. The startup through its male vertical – Mars by GHC – provides health and wellness solutions for men.
Following the success of Mars, the GHC recently launched Saturn by GHC, a full-stack solution for women.
Commenting on the development, Vinny Pujji, Managing Partner at Left Lane Capital, said,
“Good Health Company’s rapid growth rate these past 18 months is testament that India’s population is hungry for scientifically-proven, medical-grade health and wellness products. Their D2C model, in which they offer free health consultations to patients, addresses one of the largest healthcare challenges. We are honoured to be along for the journey and look forward to helping GHC bring quality health products to underserved markets.”
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