Bonatra secures Rs 5.5 Cr in the pre-seed funding round
- ByStartupStory | November 21, 2022
Men’s health firm Bonatra has raised Rs 5.5 crore in its pre-seed round, which was managed by the ITI Growth Opportunities Fund and included participation from angel investors like Rajesh Yabaji, founder of Blackbuck, and Jitendra Jagadev, founder of Nestaway and Helloworld.
Along with Satish Shetty and Anuj Bishnoi, Ankit Maheshwari, Divyanshu Anand, Ankit Agarwal, Shakeeb Anwar, Sarath Ruthvic, and others, they were among the investors who took part in the round.
According to a news release from the business, the money will be used to diversify the company’s technological and product offerings, strengthen its personnel, and increase its clientele.
In order to attain holistic health for males, Bonatra merges clinical knowledge with technology. It was founded in March 2022 by Rahul Kishore Singh, Manjari Chandra, Ramanpreet Singh, and Amit Acharya. The options offered by Bonatra include individualized, focused lifestyle, nutritional, and physical interventions to manage early andropause and maintain hormone balance.
The firm claims to have assisted over 1,000 clients and collaborates with more than 400 doctors in India. In the upcoming six months, Bonatra intends to work with 2,000 doctors to assist clients in recovering from a range of ailments, including diabetes, thyroid problems, high blood pressure, problems with their sexual health, fatty livers, and weight problems, among others.
“We founded Bonatra, intending to enable men to take proactive steps to prevent, manage, and reverse various health conditions. We are pleased with our investors’ further validation of our products and business model. The new investment will accelerate our next phase of growth and enable us to strengthen our presence in the market,” said Rahul Kishore Singh, CEO and Co-Founder, Bonatra
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