Newmi Care, a full-stack outpatient care platform and facilities that specialize in women’s health and wellness, has secured $1.5 million in a Seed funding round led by Sprout Venture Partners.
Additionally, a prominent family office, LetsVenture, Sarcha Advisors, Key Ventures Forum, and a handful of angel investors participated in the round.
Newmi Care stated that its objectives include the establishment of women’s clinics in North and West India, the enhancement of technology and product innovation, and the expansion of its team.
Newmi Care asserts that it has provided health services to over 60,000 women in 400 locations throughout India, addressing a wide range of health concerns, including menstrual, sexual, and hormonal health, fertility and maternity, menopause, and reproductive organ cancers in women.
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Newmi, which was established by Aditi Singh and Sanchit Agarwal, has collaborated with prominent insurers to introduce women-centric OPD insurance products. The company operates 10 clinics in Delhi NCR.
Venture capital fund that is in its early stages Sprout is currently investing from its Fund II. Among others, it has supported companies such as Pixis, Ripplr, Fashor, Advantage Club, Goals101, and Fitso since its inaugural fund.
About Newmi
Founded in 2022 by Aditi Mittal and Sanchit Agarwal, Newmi is India’s first Omnichannel focused on women’s health and wellness.
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