In its pre-Series A round, which was led by Rainmatter and included current investors, the sexual health startup Allo Health raised Rs 16 crore ($1.83 million).
Prior to this round, Allo had raised $4.4 million in seed funding from Nexus Venture Partners, which included some of the company’s founders and operators, such as Binny Bansal (Flipkart), Deepinder Goyal (Zomato), Rohit MA (Cloudnine), and Sandeep Singhal (Nexus), among others.
The money raised will be used to increase clinic densification, invest in more advanced technological capabilities, and improve patient engagement as Allo grows.
Allo, which was founded by Pranay Jivrajka, has created a hybrid ecosystem that includes trained medical personnel, AI-powered treatment protocols, 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 throughout major cities like 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% improvement in patient outcomes.
