Healthtech startup Mojocare raised $20.6 million in Series A led by B Capital and existing investors Chiratae Ventures, Sequoia India’s Surge and Better Capital where angel investors such as Times Group MD Vineet Jain, CRED CEO Kunal Shah, Curefoods founder Ankit Nagori, Forward CEO Adrian Auon, Telenor Health CEO and founder Sajid Rahman, Brightchamps CEO Ravi Bhushan and Bounce founder Vivekananda HR also participated.
Mojocare provides individualised care delivery systems in areas such as sexual wellness, women’s wellness, mental wellness, and hair loss. On its platform, it also provides medication and consultations with nutritionists, therapists, health coaches, and doctors. The funds will be used by the startup to diversify its product portfolio and scale its omnichannel go-to-market strategy, with a particular emphasis on distribution. Mojocare will also use the funds to hire more people as it expands its content and care delivery teams.