Former Ola exec Pranay Jivrajka’s sexual wellness startup Allo raises Rs 16 crore from Zerodha’s Rainmatter, others

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Sexual wellness startup Allo Health, which is backed by Flipkart founder Binny Bansal, has raised Rs 16 crore in a funding round led by financial services company Zerodha’s venture investment arm, Rainmatter. The round also saw participation by existing investors.

The funds will be used to expand Allo Health’s clinic network, strengthen technological capabilities, and enhance patient engagement.

The startup was founded by Pranay Jivrajka, who was Ola’s first employee and a founding partner at the ride-hailing company. Jivrajka also previously…



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Former Ola exec Pranay Jivrajka’s sexual wellness startup Allo raises Rs 16 crore from Zerodha’s Rainmatter, others


Sexual wellness startup Allo Health, which is backed by Flipkart founder Binny Bansal, has raised Rs 16 crore in a funding round led by financial services company Zerodha’s venture investment arm, Rainmatter. The round also saw participation by existing investors.

The funds will be used to expand Allo Health’s clinic network, strengthen technological capabilities, and enhance patient engagement.

The startup was founded by Pranay Jivrajka, who was Ola’s first employee and a founding partner at the ride-hailing company. Jivrajka also previously…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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