Welcome Cure has raised over 4 crore in pre-series A round led by Inflection Point Ventures (IPV). The Mumbai-based startup is looking at raising over 16 crore in this ongoing funding round.
The funds will be utilized for growth, including talent acquisition, technology enhancement, and marketing initiatives, Welcome Cure said in a press release.
Founded by Jawahar Shah, Punit Desai, and Nidhi Desai, Welcome Cure is a fully integrated homeopathy technology company that offers Assisted intelligence (AI)-powered solutions for doctors and patients, ensuring both effective prescriptions and convenient access to healthcare regardless of location.
The startup claims to have 2.5 million platform users and more than 1.5 million registered patients in over 36 countries. The company’s software business serves over 1 lakh doctors in 140 countries.
IPV has so far invested over Rs 600 crore across more than 190 deals. In 2023, it backed Answer Genomics, Oorjaa, 13SQFT.com, Beyobo, Dusminute, and InsideFPV, among others.
