By Team Ayurved Sutra
Posted on
Ayurveda tech platform NirogStreet raises $2 million in Pre-Series A funding
B2B and B2C ayurveda tech platform NirogStreet, has raised $2 million in Pre -Series A funding. The funding is led by Wavemaker Partners and Amand Ventures. Existing investor Spiral Ventures has also participated in this round. NirogStreet empowers ayurvedic doctors by creating a platform for them to discuss cases in real-time and consult patients across the globe for the first time via Tele-Ayurveda. NirogStreet’s e-commerce platform supports the delivery of medicines to their patients worldwide. The startup claims to get huge response from the deeper pockets of the country as only 30 percent of the doctors on its platform are from tier-1 cities and remaining 70 percent belongs to tier 2 and 3 cities.
NirogStreet services more than 50,000 doctors on its peer-to-peer learning, patient engagement and e-commerce platform. From a network of 200 NirogStreet certified Ayurvedic clinics, the company aims to expand to 5,000 clinics by 2022. With the growing adoption and demand of Ayurveda across the world, the brand has plans to expand globally. The startup will utilise the capital for deeper penetration, strengthen technology platform and digitise supply chain. The funds acquired would be dedicated to strengthening its reach and offering to the Ayurveda doctors. The company plans to partner with over 100 Ayurvedic medicine manufacturers and brands in the next one year to provide the best quality medicines to the patients.
