Funding Alert
Sexual health wellness and lifestyle brand Kindly raises $3.25 M in funding from Y Combinator, Goodwater, others
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ByStartupStory | July 15, 2022
The latest fundraising round for sexual health wellness and lifestyle brand Kindly saw $3.5 million invested by Y Combinator, DG Daiwa, Olive Tree, Soma, Goodwater, and Gaingels. With the additional funding, Kindly plans to grow faster and penetrate more domestic and international markets.
Nilay Malhotra, co-founder and CEO of the company said, “The funds will turn Kindly from a disruptor brand to a market leader in the lifestyle and sexual wellness sector. We are prepared to go into the next stage of our growth with new product lines, a tech-enabled platform for simple access to our services, and our intention for international expansion.”
The two verticals that makeup Kindly are basically Kindly His and Kindly Hers. Kindly His discussion of male sperm health and sexual function. In contrast, Kindly Hers focuses on the wellness of women and offers goods and services for issues related to hormones, menstruation, and sexuality.
In order to address more concerns related to sexual health and lifestyle, Kindly plans to enter new categories. In the upcoming months, it also plans to introduce a mobile app and increase its user base to 130 million.
About Kindly:
The Bengaluru-based firm, which was established in 2021 by Nilay Mehrotra and Raj Garg, offers complete solutions for men’s sperm health and sexual performance as well as PCOS, irregular periods, and period discomfort in women. It competes with companies like MediBuddy, MFine, Portea, and Breathe Well-being in India’s health tech market.
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