Healthtech startup K&L Wellness raises $4 million
- ByTejika Bajaj | November 18, 2021
The healthtech startup K&L Wellness technology has raised $4 million (Rs. 30 crore) in its seed round of funding led by angel investors Vimal Kedia and Surendra Kedia of Manjushree Ventures as well as Narendra Firodia of Sohamm Group.
The freshly infused funds would be utilized by the company to launch and scale its health-tech platform to redefine the lifestyle of the world of wellness through science-led personalized solutions. The startup also aims to expand its team and build strong and scalable infrastructure.
Talking about the recent infusion of capital, the co-founder and CEO of K&L Wellness, Karan Talreja stated, “We are glad that our investors are aligned with our vision to spread the importance of health care through yoga and meditation. The company will utilise the funds to create a robust wellness technology platform by early next quarter.”
Founded in 2020 by Karan Talreja and Luke Coutinho, K&L Wellness Technologies is a health and wellness platform which provides therapeutic health based solutions to lifestyle diseases such as diabetes, hypertension and obesity. The duo also runs a health and fitness brand called RESET Life which is based out of Bangalore.
The founder of Sohamm Group, Narendra Firodia also expressed his views by proclaiming, “We’re always on the lookout for exciting ventures to invest in. Providing top notch services in healthcare through therapeutic means in the need of the hour. We resonate with the company’s vision and are bullish on the expansion plans.”
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