Healthtech Startup Watch Your Health Bags $5 Mn in Series A Round Led by Cornerstone Ventures

The capital injection will enable the startup to scale its operations and expand its user base both domestically and internationally.

Mumbai-based B2B healthtech platform, Watch Your Health, has raised $5 million in a Series A funding round led by Cornerstone Ventures from India and Conquest Global from Singapore.

The capital injection will enable the startup to scale its operations and expand its user base both domestically and internationally.

Founded in 2015 by Ratheesh Nair, Abhitosh Pandey, Jay Patel, Prachi Shinde, Prasanth Prabhakaran, and Ashok Nair, Watch Your Health aims to enhance customer engagement and experience for insurers and pharmaceutical companies.

Sharing thoughts, Ratheesh Nair, cofounder, Watch Your Health, said, "Our mission is to transform the way people manage their health by leveraging AI-driven insights and personalized care. We believe proactive health management is the key to a healthier future, and this funding brings us closer to achieving that goal."

Fund Utilization Plans

The startup plans to grow its sales teams and invest in its technological infrastructure and platform capabilities.

Further, the fresh infusion of funds will be utilized to enhance the healthtech platform’s technological infrastructure along with expanding its user base and introducing advanced health management solutions.

Watch Your Health enhances the capabilities of consumer apps for insurers and pharmaceutical companies, providing insights based on data collected from fitness trackers and health records.

Commenting on the investment, Nanika Kakkar, partner, Cornerstone Ventures, said, "We believe Watch Your Health is targeting a globally relevant and complex need. It not only improves persistence with intelligent algorithms to enable underwritten premium discounts but more importantly improves health and wellbeing with continuous engagement, leading to lower claims for insurance companies."

The startup’s advanced analytics offer personalized health recommendations, diet management guidance, exercise regimes, and lifestyle change suggestions.

Further, the startup aims to introduce electronic behavior records, mental health support, advanced predictive analytics for disease prevention, chronic disease management, and post-hospitalization care programs.

Earlier, it partnered with several healthcare providers, including Watania Takaful and Shalina Healthcare in the UAE, to integrate their services into its platform.

Recent Startup Fundings

Last week, healthtech startup Cloudphysician raised $10.5 million (INR 87.3 Cr) in its Series A funding round, led by Peak XV Partners. The round saw additional participation from existing investor Elevar Equity and venture debt firm Panthera Peak.

Likewise, Mumbai-based healthtech platform Alyve Health raised a $5.5 million Series A funding round in June. The investment was led by Axilor Ventures and included participation from 1Crowd Fund, InHealth Ventures, and Trifecta Capital through venture debt.

Sova Health, a Gurgaon-based health startup, too closed a $1 million seed round led by global early-stage VC Antler, Accelerating Asia from Singapore, Practical VC from the US, and VC Grid & Venture Catalysts from India, last month.