D2C startup Good Health Company raises $10 million in funding led by Left Lane Capital

• ByStartupStory     |    October 13, 2022

Good Health Company (GHC), a D2C health technology firm based in Hyderabad, has raised $10 million in Series A funding, led by Left Lane Capital. This round of financing also included previous investors Khosla Ventures, Quiet Capital, and Weekend Fund. The firm offers a full stack solution for patients with ailments like hair loss, sexual health, and weight loss, among others, with a focus on spreading awareness about health and wellness.

The company intends to use the additional capital over the coming months to focus on product innovation, grow the current team, and introduce other product categories.

GHC began operations in January 2021 and initially concentrated on the male personal care market. Their Mars by GHC male vertical offers a full-stack remedy for guys struggling with issues including hair loss, sexual health, weight loss, skincare, etc. In response to the success of the brand, the business most recently introduced Saturn by GHC, a full-stack solution for women.

According to a Redseer research, India’s health-tech business will probably reach $9–12 billion in gross merchandise value (GMV) by 2025 and $40 billion in GMV by 2040, indicating a great market opportunity for participants in this sector.

The $1.5 trillion worldwide health and wellness market is expanding gradually at a rate of 5–10% yearly, and the Indian market is contributing to it at an exponentially increasing rate. According to Vinny Pujji, Managing Partner at Left Lane Capital, “India’s populace is ravenous for scientifically proven, medical-grade health and wellness products, as evidenced by Good Health Company’s high growth rate over the previous 18 months.

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