Newmi Care Raises Funds to Transform Women’s Health with Innovative Healthcare Platform
Newmi Care: A Game Changer in Women’s Health
Women-focused health startup Newmi Care has raised $1.5 million (Rs 12.6 crore) in a seed funding round led by Sprout Venture Partners. The funding round attracted participation from various investors, including a family office, angel investment platform LetsVenture, Sarcha Advisors, and Key Ventures Forum.
With this new capital, Newmi Care aims to expand its presence by establishing women’s clinics in northern and western India. They focus on advancing their technology, driving product innovation, and expanding their dedicated team.
Comprehensive Healthcare for Women
Founded in May 2022, Newmi Care offers a single interface that covers essential aspects of women's healthcare, including consultations, diagnostics, procedures, medications, product shopping, and health tracking. Key areas of focus encompass issues like menstrual, sexual, and hormonal health, fertility, maternity care, menopause, and reproductive organ cancers.
- Women’s OPD Insurance: Newmi Care has partnered with notable insurers to provide women-centric outpatient department insurance products.
- Mission: “We aim to simplify outpatient care for women in India and elevate women's health to the forefront,” said founders Sanchit Agarwal and Aditi Mittal.
- Impact: Since inception, Newmi Care claims to have served over 60,000 women across more than 400 cities in India.
Market Opportunity in Women’s Health
Sahil Gupta, partner at Sprout Venture Partners, highlights, “We see a clear opportunity in building a trusted brand in the women’s health lifecycle space.” The firm is currently investing from its second fund and has previously supported various health startups.
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