Bonatra, a men’s health company, has raised Rs 5.5 crore in its pre-seed round led by the 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 this round include Satish Shetty and Anuj Bishnoi, (Founders, Morningcart Big Basket Daily), Ankit Maheshwari, (CFO India, Cars24), Divyanshu Anand, (VP, Cars24), Ankit Agarwal, (VP, Global Business, OYO), Shakeeb Anwar, (Head, Virtusa, UK), Sarath Ruthvic, (VP, Brookfield), and others. The fund will be used to expand technology and product offerings, build the team and grow the customer base.
Bonatra is India’s only doctor-led IoMT (Internet of Medical Things) unified health stack solution and was founded in March 2022 by Rahul Kishore Singh(CEO), Manjari Chandra(CMO), Ramanpreet Singh(COO) and Amit Acharya(CTO) to manage chronic diseases in men.
The startup states it has served over 1000 patrons and works with more than 400 doctors across India. “Bonatra is a unique mix of medical science, data science, and technology. Since its launch in March, Bonatra has demonstrated impressive growth, and it’s evident that they are fulfilling a large unmet need in the healthcare space. The brand is positioned for incredible future growth and has the potential to become a category leader,” Mohit Gulati, managing partner, ITI Growth Opportunities Fund said.