Healthtech Startup Peping Secures $400,000 Funding Led by Better Capital and Angel Investors

• ByStartupStory     |    September 20, 2023

Peping, a health tech startup founded in 2022 by Chirag Maheshwari and Prateek Maheshwari, has successfully secured $400,000 in funding. This funding round was led by Better Capital, a micro venture capital firm that focuses on pre-seed and seed investments in India. In addition to Better Capital, several prominent angel investors participated in the funding round, including Kunal Shah, Sandeep Kumar Dinodiya, Ganesh Balakrishnan, and Shubham Mishra.

Piping plans to utilize the freshly acquired funds to further develop its technology infrastructure, expand its team, and allocate resources for innovative experiments. The startup announced these intentions in a recent press release.

Based in Bengaluru, Peping has positioned itself as a patient-centric care and management platform that specializes in providing dietary recommendations and interventions. Its primary focus is on delivering solutions for the management of dietary and lifestyle factors that contribute to various health conditions, including Irritable Bowel Syndrome (IBS), Gastroesophageal Reflux Disease (GERD), Gastric issues, Gastritis, and Fatty Liver.

What sets Peping apart is its ambition to revolutionize the way healthcare addresses these crucial aspects of treatment. The startup aims to achieve this transformation by implementing personalized care plans that take into account various factors, such as an individual’s lifestyle and diagnostic test results. By doing so, Piping strives to diagnose and target the root causes of health problems, providing patients with more effective and tailored treatment options.

Better Capital, the lead investor in this funding round, had previously raised its maiden fund of $15.2 million in November 2021. The primary goal of this fund was to support Better Capital’s investment strategy, focusing on early-stage startups in India. Since its inception, Better Capital has made investments in more than 60 startups, contributing to the growth of companies like Teachmint, Slice, Rupeek, Kutumb, Filo, Airmeet, Khatabook, Rupifi, and OTO, among others.

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