Newmi Care: A Breakthrough in Women's Health Supported by Sprout Venture Partners

Friday, 13 September 2024, 03:00

Newmi Care, a health startup focusing on women's health, has raised $1.5 million in seed funding from Sprout Venture Partners. This funding aims to enhance women's healthcare through the establishment of clinics and innovative technology. The platform addresses various health concerns, including menstrual and reproductive health. Newmi Care is committed to simplifying outpatient care for women across India.
Indiatimes
Newmi Care: A Breakthrough in Women's Health Supported by Sprout Venture Partners

Newmi Care Attracts Seed Funding for Women's Health Advancement

Newmi Care, a women's health startup, has successfully raised $1.5 million in a seed funding round led by Sprout Venture Partners. This funding round saw participation from various investors, including a family office and angel investment platform LetsVenture. With this financing, Newmi Care plans to open women’s clinics in northern and western India and focus on enhancing its technology and product offerings.

Addressing Key Areas in Women's Health

Founded in May 2022, Newmi Care provides a comprehensive platform for women’s healthcare, ranging from consultations and diagnostics to outpatient insurance products. Key health topics addressed by the startup include:

  • Menstrual health
  • Sexual health
  • Fertility and maternity
  • Menopause
  • Reproductive organ cancers

 

Vision for Women's Health in India

Newmi Care aims to simplify outpatient care for women across India. The founders, Sanchit Agarwal and Aditi Mittal, expressed their commitment to solving women's health challenges on a larger scale. Since its inception, Newmi Care claims to have served over 60,000 women across more than 400 cities in India, currently operating 10 clinics in Delhi NCR.

Sahil Gupta, partner at Sprout Venture Partners, highlighted the potential of building a trusted brand in women's health lifecycle, acknowledging the growing awareness of health issues among the next generation of women.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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