NirogStreet raises Rs 2Cr from Ja­panese in­vestor

BioSpectrum (India) - - START UP NEWS -

Tech­nol­ogy-led ayurveda plat­form NirogStreet has raised about Rs 2 crore from in­vestors, in­clud­ing Ja­panese ven­ture fund Spi­ral Ven­tures. The other in­vestors were Subho Ray (Pres­i­dent, IAMAI) and Samir Ku­mar (Direc­tor of De­riv­a­tives, Deutsche Bank, Sin­ga­pore).

The com­pany plans to use the money to im­prove tech­nol­ogy and to spread aware­ness about Ayurveda. The com­pany looks to raise pre-Se­ries A fund­ing in Oc­to­ber. NirogStreet has been work­ing with ayurveda in­sti­tu­tions and re­searchers to ad­vance ayurvedic re­search and col­lab­o­ra­tion with mod­ern med­i­cal tech­nolo­gies. In­cu­bated at CSIR – IIIM, NirogStreet stream­lines learn­ing, shar­ing ex­per­tise and ex­change sec­ond opin­ion on treat­ments through its mo­bile app. It has over

15,000 doc­tors en­gaged on its plat­form. The tech­nol­o­gy­driven plat­form pro­vides ac­cess to au­then­tic ayurveda doc­tors at a world-wide level to im­ple­ment best prac­tices and de­liver qual­ity health­care and gen­uine medicines.

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