Healthify Raises $20 Million in Round Led by Khosla Ventures, LeapFrog Investments
Healthify, a leading provider of digital healthcare solutions in India, has announced the closing of a $20 million Series B funding round led by Khosla Ventures and LeapFrog Investments. Existing investors, including Chiratae Ventures and Sequoia Capital India, also participated in the round.
The fresh capital will be used to expand Healthify’s operations in India and accelerate its growth trajectory. Healthify plans to leverage the funding to launch new digital healthcare products and services, bolster its technology infrastructure, and deepen its presence in key geographies across the country.
Founded in 2019 by Tushar Vashisht, Arjun Mannal, and Sachin Gupta, Healthify aims to empower individuals to take control of their health through a data-driven approach. Healthify’s comprehensive digital platform provides personalized healthcare solutions, including fitness coaching, nutrition guidance, and chronic disease management programs. The company has garnered significant traction, amassing a network of over 1.5 million users across India.
With its recent fundraising success, Healthify positions itself to be a pivotal player in the rapidly expanding digital health ecosystem of India. The country’s burgeoning middle class and increasing awareness about health and wellness have fueled the growth of this segment, making it ripe for disruption by technology-driven healthcare providers like Healthify.
“We are thrilled to welcome Khosla Ventures and LeapFrog Investments as new investors to our journey,” stated Tushar Vashisht, Co-founder and CEO of Healthify. “Their extensive expertise in scaling tech-enabled healthcare solutions aligns perfectly with our vision to make healthcare accessible and affordable for all. This funding will be instrumental in strengthening our capabilities and reaching more individuals who can benefit from personalized and evidence-based health management.”
Vinod Khosla, Founder of Khosla Ventures, highlighted the immense potential of the digital healthcare market in India, “Healthify is transforming how people manage their health and well-being in India. We are impressed with the company’s commitment to leverage technology to make healthcare more accessible and efficient. We believe in the power of Healthify’s data-driven approach to deliver tangible health outcomes for its users.”
“LeapFrog Investments is excited to support Healthify’s mission of enabling healthier lives in India,” added Andrew Kuper, Partner at LeapFrog Investments. “The company’s focus on delivering personalized care, leveraging technology to drive accessibility, and demonstrating positive health outcomes perfectly aligns with our investment strategy. We look forward to partnering with Healthify to further strengthen its impact in the years to come.”
Healthify’s commitment to leveraging data and technology to drive healthcare access and affordability is likely to resonate with investors and users alike. With this funding, the company is well-positioned to lead the transformation of India’s healthcare landscape and become a true champion of health empowerment.
