Healthcare startup BeatO raises ₹11.75 crores from Orios Venture Partners


commercial building surveyor

5 Situations Where You Would Need to Hire a Commercial Building Surveyor

Surveying is a huge industry nationwide. Nothing can be built without the input of a surveyor, not even roads. Surveyors even work in the map-making industry. Building surveyors work in both the residential and...


6 Different Ways You Can Fund Your Startup

You’ve just come up with an excellent business idea. You know it’ll blow up. In fact, you’re ready to present it to the world after taking the initial steps of choosing a business model...

New Delhi-based diabetes care and management app BeatO has raised ₹11.75 crores ($1.6 million) in pre-series A round of funding from Mumbai-based VC firm Orios Venture Partners. Existing partners Blume Ventures and Leo Capital also participated in the funding round. BeatO will use the funds to expand to the product line for its flagship glucometer.

Founded by Gautam Chopra, Yash Sehgal and Abhishek Kumar in 2015, the healthcare startup provides a diabetes care and management app which uses a smartphone-based glucometer to determine and monitor blood sugar levels. A user can keep a record of their readings and connect with doctors and experts in real time to get guidance. The app also sends out instant alerts to family members if the readings are critical.

The startup also provides various diabetes management programmes which help patients to indulge in self-management activities like regular exercise, diet plans and more to curb their illness. Using the fresh capital, the BeatO is planning to expand its services to FMCG and retail categories. A part of the fund will also be invested in its R&D as well as upgrading its platform which includes auto-suggestions based on blood glucose level.

Earlier in April 2018, the startup raised ₹9.1 crores ($1.3 million) from Leo Capital and Blume Ventures. Individual investors like Rajeev Chitrabhanu, who is also an investor in Nazara and Rentomojo, and Vishal Sampat, founder of Convonix also invested in BeatO. The startup has raised a total of ₹21 crores ($3 million) since its inception.

So, what are your thoughts on this story?
Tell us in the comments.

Boost Your Knowledge. Subscribe & Learn Everything about the Indian Startup Ecosystem

Divya Baral
Divya is the correspondent for the category "Funding News", "Funding Roundups" and author of "Fundraising Essentials". She has been writing for 10 years.


Please enter your comment!
Please enter your name here

Download Premium WordPress Themes Free
Premium WordPress Themes Download
Download Premium WordPress Themes Free
Download WordPress Themes Free
lynda course free download
download lava firmware
Download WordPress Themes

Receive Daily Funding Updates



* Terms & Conditions Apply