Originally published by Inc42 on January 19, 2023
Gurugram-based diabetes reversal healthtech startup Breathe Well-being has raised $6.14 Mn (INR 50 Cr) in a Pre-Series B round co-led by 3One4 Capital, Accel and General Catalyst.
FounderBank Capital and Supermorpheus also took part in the funding round. The startup plans to use the funds to strengthen its coaching academy, expand core team, and scale up its technology platform to enhance customer experience.
Founded in 2020, by Rohan Verma (ex-McKinsey) and Aditya Kaicker (ex-Accenture), Breathe Well-being helps people prevent, manage and reverse Type 2 Diabetes. According to the startup, it offers an easy but effective alternative to medicines to achieve these.
The startup claims its clinically proven digital program uses a personalised coach driven, community first approach through interactive gamification to help people with Type 2 Diabetes reduce HbA1c, lose weight and reduce medication dependability.
The Breathe team firmly believes that medication is not a long-term solution for diabetes and instead focuses on behavioural and lifestyle changes for diabetes reversal and reducing the risk of chronic lifestyle diseases.
Rohan Verma, cofounder & CEO, Breathe Well-being said, “India is the diabetes capital of the world and we are on a mission to change that. Our aim is a Diabetes Mukt Bharat (Diabetes Free India) with the aim to reverse diabetes for 1 Million Indians by 2025 and we are well on track to achieve that goal. Referral is our strongest growth lever especially in non-metros and more than half our customers come through word of mouth.”