Tuesday, November 29, 2022
HomeInsightFunding Alert Bonatra Secures INR 5.5 Cr in Pre-Seed Funding

[Funding alert] Bonatra Secures INR 5.5 Cr in Pre-Seed Funding

With participation from notable angel investors like Jitendra Jagadev, Founder, Nestaway and Helloworld, and Rajesh Yabaji, Founder, Blackbuck, Bonatra, a doctor-led Internet of Medical Things (IoMT) platform for men's health issues, has raised 5.5 cr in a pre-seed round led by ITI Growth Opportunities Fund.
Team Bonatra | Image – BWDisrupt

With participation from notable angel investors like Jitendra Jagadev, Founder, Nestaway and Helloworld, and Rajesh Yabaji, Founder, Blackbuck, Bonatra, a doctor-led Internet of Medical Things (IoMT) platform for men’s health issues, has raised 5.5 cr in a pre-seed round led by ITI Growth Opportunities Fund.

The founders of Morningcart (Big Basket Daily), Satish Shetty and Anuj Bishnoi, as well as 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 were among the investors who took part in the round, as per reported by BWDisrupt.

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The cash will be used to broaden the company’s technological capabilities and product offerings, as well as to establish and extend the staff and the client base.

Commenting on the investment, Rahul Kishore Singh, CEO and Co-Founder, Bonatra, said, “ We have received an overwhelming response from our doctor partners and patrons for our holistic healthcare programs. We are pleased with our investors’ further validation of our products and business model. The new investment will accelerate our next phase of growth and enable us to strengthen our presence in the market.”

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Bonatra is a doctor-led Internet of Medical Things integrated health stack solution that was established in March 2022 by Rahul Kishore Singh, Manjari Chandra, Ramanpreet Singh, and Amit Acharya. Its primary focus is on treating, managing, and reversing chronic diseases that affect men, as per reported by Business World.

Mohit Gulati, Managing Partner, ITI Growth Opportunities Fund, , said “ 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. We are excited to be a part of their growth story.”

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About Bonatra

Bonatra develops a lifestyle adjustment journey toward a total health reversal through its medical elimination made possible by technology, Continuous Care at fingertips/touch, and Cohort Based Community Mapping. The Bonatra crew is extremely dedicated about changing India’s healthcare system.

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