[Funding Alert] Femtech Startup Elda Health Raises Seed Funding of US$ 1.5 mn

Elda Health has raised US $ 1.5 million in a seed round and will use the amount to scale up its offerings, operations, hire new talent, onboard health & wellness professionals and doctors to expand its circle of expertise.
[Funding Alert] Femtech Startup Elda Health Raises Seed Funding of US$ 1.5 mn

Homegrown femtech start-up Elda Health, a one-stop holistic health platform for the mid-age urban woman, announced that it has raised US$ 1.5 million in a seed round from Avaana Capital, Orios Ventures, and Ananth Narayanan Family office. This amount will enable the Bengaluru-based brand to scale up its offerings, operations, hire new talent, onboard health & wellness professionals and doctors to expand its circle of expertise.

The founders, Swathi Kulkarni, Sindhuri Ananth, and Shubham Sharma, share a collective passion to scale healthcare access.

Elda serves as an everyday companion for midlife women on their healthcare journey, empowering them with measurable health outcomes. Through a dynamic dashboard, Elda helps users track the entire spectrum from symptoms to activities, and via a comprehensive reporting mechanism map progress made on health goals. Leveraging its panel of experts, Elda offers customized health pathways that include personalized consultations with medical experts, and curated information to help build awareness around critical physical and mental health concerns.

Swathi Kulkarni, Co-Founder & CEO, Elda Health, said, “Women's health has been underserved for generations. While puberty and pregnancy are celebrated and tended to, pivotal phases of women's lives such as Menopause (that last 10 - 30 years) are completely ignored. With Elda we strive to change that. Elda's community of 35+ y/o women is a safe space for their wellness conversations, counseling, and curated health programs. We’re thrilled to have found a set of partners whose ideals align with ours. Their backing and experience will accelerate our efforts to ensure the prioritization of women’s health.”

“Women's health is fragmented. At Elda, we aim to bridge this gap in healthcare access & awareness by creating a holistic health platform bringing in multi-specialty medical specialists and coaches to understand and cure women's health issues intimately. We are starting with midlife women’s healthcare, as that remains the most unpenetrated, and plan to expand from there. With our investing partners on board, our conviction towards this mission is stronger than ever,” added Sindhuri Ananth, Co-Founder, Elda Health.

Elda’s mission finds its roots in the fact that for far too long, women’s health and their specific healthcare needs have been stigmatized. While some incredible strides have been made in normalizing conversations around puberty, menstruation, and pregnancy, menopause remains a systemically ignored conversation even in 2021.

 

Primary Category
RECOMMENDED FOR YOU
TRENDING ARTICLE