Digital health startup Navia Life Care raises $1M

Navia Life Care, a digital health startup based in New Delhi, has raised $1 million in funding en route to their Series A raise. The investment was led by Anicut Angel Fund, the equity arm of Anicut Capital, with participation from 9Unicorns and other notable angel investors, including the Healthcare and Life Science practice lead of a top tier strategy consulting firm, Strategic partnerships lead at Google India, and the CEO of a renowned global pharma company. The fresh funds will be focused on strengthening the company’s position as one of the fastest-growing digital health startups in India, which is helping in reducing information asymmetry and increasing access to quality health information across the ecosystem. It will further allow the company to use the capital for technology, business development, product innovation and development, strategic hiring, and expansion across all healthcare hubs of India, metro cities along Tier 2 and 3 cities. The digital health startup is aiming to close a $5 million Series A in the next 3-4 months. The company has developed a connected care platform that facilitates seamless transmission of information across various stakeholders of the healthcare industry while generating real-world evidence which is valuable to these stakeholders in increasing their understanding through actionable insights.