Business Media
  • ECONOMY
  • CORPORATE
  • Gadget
  • MARKETS
  • MONEY
  • Stories
  • Interview
  • TECH
  • Event
  • OPINION
  • Press Release
  • Blog
  • Magazine
Business Media
  • ECONOMY
  • CORPORATE
  • Gadget
  • MARKETS
  • MONEY
  • Stories
  • Interview
  • TECH
  • Event
  • OPINION
  • Press Release
  • Blog
  • Magazine
No Result
View All Result
Business Media
No Result
View All Result
Home Press Release

Glamyo Health Raises USD 3 Million in Series A from Ananta Capital, We Founder Circle and others

by BM Teams
September 28, 2021
in Uncategorized
1
Glamyo
Share on FacebookShare on Twitter

Glamyo Health, an Asset Light healthcare start-up operating in the field of elective surgeries has raised USD 3 Mn in Series A. The start-up has raised the round from an array of esteemed investors and led by Ananta Capital and participation from Agility ventures, Udtara Ventures, We Founder Circle, Dexter Angels, Tej Kapoor – Managing Partner at Fosun, Vivek Gupta & Abhay Hanjura – Founders of Licious, Dhruv Kapoor – Partner at Sistema, Aditya Singh – Principal at Stride VC, Ayush Jain – Leading South India for AWS and others. Started at the end of 2019 the brand has raised in total USD 3.5 Mn Including the current round.

On the investment Mr. Archit Garg, Co-Founder at Glamyo Health said “Due to the pandemic, there has been a huge backlog of elective surgeries. The lack of quality healthcare professionals and facilities is also a challenge in India. At Glamyo Health, we are bridging the Gap by keeping quality at the core. In the last three quarters, we have witnessed a 300% percentage surge in the business through our platform. Besides we have also grown 3x in Number of Cities in the last 3 months.”

“We have grown with a monthly CAGR of ~ 35% in the last 18 months. The key reason for this growth is that we keep the patient at the center of all our offerings. Surgical care in India is riddled with challenges like price opacity, even pricing shocks, friction inpatient experience – just to name a few.  Glamyo Health is essentially solving this trust deficit”  said Dr. Preet Pal Thakur, Co-Founder at Glamyo Health

Glamyo

“At Ananta, we like to partner with founders who are chasing large market opportunities and building strong businesses with fundamental economics intact. We really liked the passion, vision, and execution of Archit and Preet, as Glamyo has built its hospital network in 250 + Pin Codes in 10 cities. It is a big achievement for the 1.5-year-old start-up as many asset-heavy players in the industry still do not have such a diverse presence” said Mr. Lovkesh Kapoor, Managing Partner at Ananta Capital.

“In this covid era, Glamyo has used technology to deliver personalized patient care. We’re confident that in the times to come, Glamyo will be a leading consumer-centric elective surgery provider in India,” Mr. Prashant Narang, Co-founder, Agility Ventures.

Read More: CEO Vishal Wakchaure’s Success Story of OutFlow Social

“Glamyo health has disrupted the healthcare industry with its asset-light infrastructure and highly capital-efficient business model, enabling the company to grow @ 40%+ month on month. We are sure that Glamyo will soon grab a significant market share in the fragmented healthcare infrastructure and services category, driving larger benefits to its consumers” said Mr. Ankit Lakhotia, Partner – Udtara Ventures.

The company currently has a presence in 10 cities which includes Mumbai, Bangalore, Hyderabad, Pune, and also Tier 2 cities like Indore, Bhubaneshwar, Chandigarh & Patna.  Glamyo team has plans to scale up in 20+ cities in the next 6 months.

About Glamyo Health

Glamyo Health started its operations in Delhi at the end of 2019. The startup is building an asset-light chain of hospitals and clinics specifically for electric surgeries and cosmetic procedures. In a short time, the brand has already scaled to 10+ cities and is working with 250 + hospitals and 150 + surgeons. Glamyo Health has a team of 50 + Medical Coordinators who handhold patients in the end-to-end journeys from free home pick up and drop, hassle-free admission, insurance clearance, 24-hour discharge, and free follow-ups.

Tags: business newsGlamyo
Share63Tweet39Share16
Previous Post

CEO Vishal Wakchaure’s Success Story of OutFlow Social

Next Post

Study skills: Learn how to get best grades in Computer science

Related Posts

CITTA
Press Release

Why Is CITTA’s Talc-Free Baby Powder Going Out Of Stock?

September 19, 2022
Ansuman Pattanayak
Press Release

Ansuman Pattanayak Crowned as Entrepreneur Of The Year Award 2021

August 3, 2022
Water Purification
Blog

Why Water Purification And Its Service Is So Important In Our Life

October 15, 2021
Next Post
Computer science

Study skills: Learn how to get best grades in Computer science

Comments 1

  1. Pingback: Study skills: Learn how to get best grades in Computer science

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Popular Post

  • Bhavish Aggarwal

    EV fires Ola may recall a few batches of electric scooters, says Bhavish Aggarwal

    197 shares
    Share 78 Tweet 49
  • Benefits of Participating in Gulfood 2022

    195 shares
    Share 78 Tweet 49
  • The Power of Simple Interest And Compound Interest

    192 shares
    Share 76 Tweet 48
  • Recliner Sizes Guide – What are the Common Recliner Dimensions

    192 shares
    Share 76 Tweet 48
  • Microsoft to End Internet Explorer in August 2021

    186 shares
    Share 74 Tweet 46
Business Media

business media Latest Breaking News, business Pictures, business Videos,business magazine and Special Reports from Business. We publish daily business news on our website

Mail : media@businessmedia.in

Phone : +91-9034408083

About Company

  • About Us
  • Terms and Conditions
  • Career

Quick Links

  • Advertise with US
  • Partner With us
  • Contact Us
  • Write with Us
  • Guest Post


Nationa News

  • About Us
  • Contact Us
  • Career
  • Terms and Conditions
  • Disclaimer

© 2020 business Media

No Result
View All Result
  • ECONOMY
  • CORPORATE
  • Gadget
  • MARKETS
  • MONEY
  • Stories
  • Interview
  • TECH
  • Event
  • OPINION
  • Press Release
  • Blog
  • Magazine

© 2020 business Media