Serial entrepreneurs Subrata Mitra, Larry Braitman, Founder of Flycast & Adify, Venk Krishnan Founder and CEO of Nuware Technologies and others participated in the Pre Series A round of funding raised by online health and wellness start-up CureJoy.
Bengaluru and San Francisco-based online health and wellness start-up, CureJoy has secured US$1.15 million funding in Pre-Series A round, led by Accel Partners, India.
Brainchild of serial entrepreneurs Dikshant Dave and Shrinivasa Sharma, CureJoy is expected to utilise the funds raised by them in further expansion of their services in India and other countries, and strengthen its team to compliment their capabilities.
Commenting over the matter, Dave said, “We have seen a tremendous growth over the last 6 quarters and we consider this to be the right time to scale our operations in order to cement our position as the fastest growing company in the online health and wellness segment.”
The start-up came into being in October 2013, with an aim to address common woes of consumers pertaining to existing healthcare system. At present, CureJoy is a buzzing community and an online destination for natural health and wellness, where people can find fresh and credible content, answers to some of the most common health questions and health advice from experts.
The platform provides curated content through its backend algorithms and technology on natural health and wellness by experts usually associated with large universities like Stanford or UCLA and merges it with the global trends and patterns.
In fact, CureJoy today boasts of over 8 million site visits per month and an active and vibrant Facebook community with about 2.7 million users, which makes it among the top three companies globally, in terms of Facebook engagement.