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Healthtech Startup Breathe Well-Being Raises Rs 50 Crore In Funding

PRIVATEJan 19, 2023

Amount Raised

₹500 Million

Round Type

Funding Round

GurgaonHealth Care

Description

Healthtech startup Breathe Well-being announced on Thursday it has raised Rs 50 crore in a funding round co-led by 3One4 Capital, Accel and General Catalyst. FounderBank Capital and Supermorpheus also participated in the round.The company will use the funds to strengthen its coaching academy, expand the core team, and scale up the technology platform to enhance customer experience, it said in a statement.Breathe Well-being offers an alternative to medicines to prevent, manage and reverse type 2 diabetes.The startup was founded in Gurgaon by Rohan Verma and Aditya Kaicker in 2020.Verma, cofounder and CEO, Breathe Well-being, said, “India is the diabetes capital of the world and we are on a mission to change that. Our aim is a diabetes mukt bharat (diabetes-free India) with the aim of reversing diabetes for one million Indians by 2025 and we are well on track to achieving that goal."Breathe Well-being uses a personalised coach-driven, community-first approach through interactive gamification to help people with type 2 diabetes reduce HbA1c, lose weight and reduce medication dependability.Discover the stories of your interestBlockchain5 StoriesCyber-safety7 StoriesFintech9 StoriesE-comm9 StoriesML8 StoriesEdtech6 StoriesRadhika Ananth, vice president, Accel, said: “We have been impressed by how quickly Breathe Well-being is becoming a household name for type 2 diabetes and pre-diabetes reversal across tier 2 and 3 cities of India. Accel continues to back them in their vision of building a diabetes mukt bharat.”The startup claims that its programme has a "proven outcome with over 95% participants showing an average reduction of 1.5% in their HbA1c levels, over 98% participants eliminating medication and experiencing an average weight loss of 5.5 kg over the course of the programme, which is recognised by the American Diabetes Association (ADA)".Kaicker, cofounder and COO, Breathe Well-being, said, “We have seen more than 90% of participants sustain their results beyond 24 months into the programme

Quick answer

Breathe Well-being raised ₹500 Million in a Funding Round round, dated January 19, 2023. Breathe Well-being is based in Gurgaon, Haryana, India.

How much did Breathe Well-being raise?
Breathe Well-being raised ₹500 Million in a Funding Round round on January 19, 2023.
What does Breathe Well-being do?
Founded in 2020 by ex-management consultants from Accenture and McKinsey- we help people Reverse their Type 2 Diabetes.
Where is Breathe Well-being based and how big is it?
Breathe Well-being is based in Gurgaon, Haryana, India.

Source: Fundz verified event record.

Who else raised in Health Care around the same time

Companies in the same sectors as Breathe Well-being that raised within 45 days of this round, from Fundz verified event records.

  • Cloud Dentistry raised $100K (Seed) on March 3, 2023.
  • PMGC Holdings Inc. raised $750K (Seed) on March 3, 2023.
  • 22nd Century raised $21M (Debt Financing) on March 3, 2023.
  • Bardavon Health Innovations, Inc. raised $8.7M on March 3, 2023.
  • GenoME Diagnostics raised $1.8M (Seed) on March 3, 2023.
  • Superluminal Medicines raised $26M on March 3, 2023.

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Company Information

Company

Breathe Well-being

Location

Gurgaon, Haryana, India

About

Founded in 2020 by ex-management consultants from Accenture and McKinsey- we help people Reverse their Type 2 Diabetes. We are India's No.1 Clinically proven Diabetes reversal company, helping people lower their HbA1c and Blood glucose levels through lifestyle modification. What makes us unique is our ability to bring together the power of technology and human empathy to deliver measurable impact in our customers'​ lives. We use a combination of world-class coaches, nutrition experts, a gamified platform, and integrate our platform with rewards and recognition. The program revolves around cutting edge solutions in physical, mental and emotional well-being that unleash your true potential. Whenever you think fitness, nutrition, mindfulness programs, and counselling for mental health- think Breathe Well-being.

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Breathe Well-being raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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