Mylo, a full-stack platform for expecting and new mothers, has raised $17 million in its Series B round led by W Health Ventures, a US-based digital health investor, ITC, Endiya Partners and others participating in the round include Riverwalk Holdings, Alteria Capital, and Innoven Capital.
With this round, the total funds raised so far by Mylo touched $24 million.
Founded in 2018 by Vinit Garg, Mylo started as an online health tool and community platform for new and expecting mothers. It provides a personalized experience, a helpful community of mothers and experts, and everything a parent needs for their parenting journey.
Last year, Mylo launched its own D2C Brands for Mothers & Babies in personal care, premium Ayurveda and daily essentials based on community feedback and its own R&D facility.
The startup claims to have created over 100 unique products, sold 7 Lac units and shipped to over 16,000 pin codes.