The online health and wellness startup, CureJoy has secured $1.15M funding in Pre-Series A round, led by Accel Partners, India. Serial entrepreneurs Subrata Mitra, Larry Braitman (Founder of Flycast & Adify), Venk Krishnan (Founder and CEO of Nuware Technologies) and others participated in the pre-series A round of funding.
The company will use these funds to further expand their services in India and other countries and strengthen its team to complement their capabilities.
CureJoy was started in October 2013 by serial entrepreneurs Dikshant Dave and Shrinivasa Sharma. The online platform for natural health and wellness, was conceived to address the common concerns of health. It is designed to enable people have access to credible content advice from experts.
The platform provides curated content through its backend algorithms and technology on natural health and wellness by experts usually associated with large universities like Stanford or UCLA and merges it with the global trends and patterns.
So far, it has received two rounds of investments by Accel Partners, India and Independent Angels based out of US and India. The portal also boasts of an active and vibrant Facebook community with about 2.7 million users that makes it count among the top 3 companies globally, in terms of Facebook engagement. Currently, it prioritizes its impact in India, USA, Australia and English speaking European countries. In the next 6-8 quarters, CureJoy envisions reaching 50 million users from Germany, Spain, France, etc with localised content in multiple languages.
“We have seen a tremendous growth over the last six quarters and we consider this to be the right time to scale our operations in order to cement our position as the fastest growing company in the online health and wellness segment,” said Dave.
The present conventional health system does not offer solutions to many prevailing health conditions. This leaves one with no choice but to take a pain killer and repress symptoms, which leads to larger issues over a period of time, he added.
The online platform accounts for 8 million site visits per month and has an active Facebook community with about 2.7 million users, which makes it among the top three companies globally, in terms of Facebook engagement.
It targets to emerge as the top destination in Natural Healthcare and Wellness. Users can access CureJoy both on the internet and through mobile app.