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SHEROES

SHEROES buys out global healthtech app Maya in all stock deal

SHEROES

Women-only community platform SHEROES has acquired Bengaluru-based healthtech app Maya in an all-stock deal. The acquisition of women-focused health app will help SHEROES to strengthen its offering in health space.

SHEROES will also leverage John Paul-founded Maya that offers diagnostic tests, online doctor consultations, fertility predictions, and pregnancy tracking. With a community of 8 million women worldwide, Maya is currently used by women in over 20 countries and available in 14 international and vernacular languages, including Hindi and Tamil.

Owned and operated by Plackal Tech, Maya was earlier known as LoveCycles, that Paul founded in 2011 and launched in 2012.

The startup tracks details like users mood, physical symptoms weight, basal body temperature (BBT), and extent of blood flow and finally collates it to provide essential tips through own logarithm.

Maya counts Prime Venture Partners and Google’s Rajan Anandan as its early backers.

On the other hand, SHEROES has over 14 million members with more than 65 online communities in the field of arts, travel, writing, p2p selling, parenting, careers, and health.

Now, the Sairee Chahal-led five-years-old startup targets 100 million members in the next 3-4 years.

Backed by Leo Capital, Anand Chandrasekaran, Lumis Partners, Raghav Bahl, SHEROES made several acquisitions in the last couple of years like parenting platform Babygogo, online career restart platform Women Restart and relationship and sexual health counselling platform LoveDoctor.

According to Chahal, the startup is ready to make more acquisition if it finds merit in the product that syncs with the company’s expansion plan.

The development was reported by ET.

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