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Bold Care, a males’s health & wellness startup, raises pre-Series A funding; gears up for Series A
Published on February 15, 2022
Sharrp Ventures, NB Ventures, Huddle, Anthill Ventures, Stanford Angels & Entrepreneurs, Shiprocket, and others participated within the spherical
Mumbai : Bold Care, a science-backed males’s healthcare D2C (direct-to-consumer) start-up, as we speak introduced elevating Pre-Series A funding from Sharrp Ventures, Anthill Ventures, Stanford Angels & Entrepreneurs, ShipRocket, together with participation from current buyers NB Ventures and Huddle. The undisclosed funding will probably be used for product improvement and the corporate’s progress plans targeted in direction of quickly elevating Series A funding.
Launched in 2020 by entrepreneurs and associates Rajat Jadhav, Rahul Krishnan, Harsh Singh, and Mohit Yadav, and accelerated by Huddle & seed funded by Rajesh Ranavat, Executive Director Fung Investments, Mumbai-based Bold Care is an end-to-end males’s health and wellness platform that addresses varied males’s health points similar to — sexual health, hair care & each day diet. The firm gives free digital consultations with knowledgeable physicians and offers discreet two-day supply of allopathy and pure merchandise to handle these points. Bold Care believes that the way forward for healthcare will probably be specialised and goals to be the corporate that addresses the issues confronted by the fashionable Indian man.
On the event, Rajat Jadhav, Co-founder, Bold Care, stated, “We are really a customer-first model geared toward fixing males’s health points from a health-first mindset in comparison with a lifestyle-like resolution. We put a deep deal with the formulation and high quality of our merchandise, ensuring what we provide meets the excessive expectations of our clients on the proper worth level with a pleasant buyer expertise. From servicing 100 clients in July 2020, we now have had a fast-paced progress journey within the final 18 months, scaling to 25,000+ month-to-month customers as of January 2022. Within this brief span, Bold Care’s consumer base of two,30,000+ Indian males reinforces our confidence available in the market potential and acceptance. Along with the expansion, we now have additionally constructed a stellar crew right here managing every part in-house – advertising, operation, buyer assist and so forth – to keep up high quality in addition to privateness for our customers. The funds raised will assist us develop additional as a firm and improve our product line and considerably broaden our buyer base together with eventual abroad enlargement the place we have already got some inexperienced shoots. Having buyers who share our imaginative and prescient has tremendously helped us in our speedy progress and success.”
Speaking on the funding, Rishabh Mariwala, Co-founder and Director, Sharrp Ventures, stated, “We are excited to associate with the Bold Care crew whose merchandise tackle unmet wants for Indian males. With the method being distinctive the consumer-forward merchandise and system will ease ache factors confronted by the patron.”
Sanil Sachar, Founding Partner, Huddle, stated “Huddle has been a associate with Bold Care since day one and witnessed the model’s distinctive journey from being simply an thought to a fast-growing firm that has garnered immense shopper belief and model love. Bold Care is reinventing entry to males’s healthcare and wellness, and by being a customer-centric firm, it has been capable of construct itself into a chief. We are excited to proceed partnering with the Bold Care crew and sit up for working with them as they proceed to scale up.”
In a market that’s unorganised and dominated by wellness choices not backed by science, Bold Care is uniquely positioned to supply construction via holistic end-to-end males’s health and wellness choices, which have rapidly scaled up not solely on their web site but additionally on varied marketplaces similar to Amazon, Flipkart, PharmEasy, Nykaa, CRED and others. The firm gives free medical consultations with consultants with 10+ years expertise, holistic & genuine merchandise, private assistants to information customers of their journey, and discreet two-day deliveries throughout the nation — making the method of discovering options for sexual health, haircare points and wellness simplified. Some of its merchandise embrace holistic sexual wellness kits, full haircare packs, and pure dietary supplements to spice up immunity, sleep, haircare and sexual health. Bold Care additionally launched its personal vary of pure water-based lubricants and pure latex condoms to advertise secure and higher intercourse. These condoms are formulated for the Indian man and packed consciously – one thing that the model has all the time cared deeply about.
Bold Care goals to be a acutely aware model that builds a secure house for the fashionable Indian man trying for options to sexual wellness, haircare and each day diet. Bold Care’s sexual health vary has been witnessing very excessive efficacy charges as reported by its customers. The firm is steadily on its option to remodeling how Indians view and tackle sexual wellness; creating a trusted and hassle-free atmosphere to handle points.
https://www.apnnews.com/bold-care-a-mens-health-gears-up-for-series-a/
