Men’s health company Bonatra has raised Rs 5.5 crore in its pre-seed round led by ITI Growth Opportunities Fund with participation from angel investors such as Jitendra Jagadev, founder of Nestaway and Helloworld, and Rajesh Yabaji, founder of Blackbuck.
Other investors who participated in the round include Satish Shetty and Anuj Bishnoi, Ankit Maheshwari, Divyanshu Anand, Ankit Agarwal, Shakeeb Anwar, Sarath Ruthvic, and others.
The funding will be used to expand technology and product offerings, build the team and grow the customer base, the company said in a press release.
Founded in March 2022 by Rahul Kishore Singh, Manjari Chandra, Ramanpreet Singh and Amit Acharya, Bonatra integrates clinical acumen with technology to achieve holistic health for men. The solutions at Bonatra include personalised, targeted lifestyle, nutritional and fitness interventions to balance hormones, managing early andropause.
The startup claims to have served over 1,000 patrons and works with over 400 doctors across India. Over the next six months, Bonatra plans to partner with 2,000 doctors to help patrons recover from various conditions like diabetes, thyroid, BP, sexual health issues, fatty liver, weight issues, et al.