In its pre-Series A round, which was led by Rainmatter and included current investors, the sexual health firm Allo Health raised Rs. 16 crore ($1.83 million).
Allo raised $4.4 million in seed fundraising prior to this round, which was led by Nexus Venture Partners. Among the founders and operators that participated were Binny Bansal (Flipkart), Deepinder Goyal (Zomato), Rohit MA (Cloudnine), and Sandeep Singhal (Nexus).
As Allo grows, the money raised will be utilized to increase clinic densification, make investments in more advanced technological capabilities, and improve patient involvement.
Allo, which was founded by Pranay Jivrajka, has created a hybrid ecosystem that includes qualified medical personnel, AI-powered therapy regimens, and physical clinics.
Effective management is made possible by Allo's in-house physician training programs, clinical decision support driven by AI, and treatment supported by research.
With more than 35 clinics spread around major cities including Bangalore, Mumbai, Pune, Hyderabad, Chennai, Mysore, and Ranchi, Allo claims to have treated over 200,000 patients throughout India since its founding and attain an 85% increase in patient outcomes.
"Sexual health in India has been overlooked for too long. We are not just creating a business—we are building an entire ecosystem. Our focus is on patient outcomes, doctor training, and evidence-based care, ensuring that Indians get access to world-class sexual healthcare,” said Pranay Jivrajka, Founder & CEO, Allo Health.
Recently, Upskilling Platform Weskill raised an undisclosed sum from strategic investors and high net worth individuals.
According to a press release from Weskill, the new funding will be used to boost its cutting-edge AI-powered learning environments and accelerate its growth.
