Chronic pain management platform FlexifyMe raised $1.3 M Seed funding from IvyCap, Flipkart Ventures
IvyCap Ventures and Flipkart Ventures led the seed funding round for the chronic pain management platform FlexifyMe, which brought in Rs 10 crore. In addition, GSF, Chandigarh Angels, Venture Catalyst, and Ah! Ventures participated in the round.
Amit Ratanpal, Sachin Anand, and Dipen Shah had previously contributed $1.3 million to the Pune-based startup.
According to a press release from FlexifyMe, the money raised will be used to influence the treatment of chronic pain by implementing innovative technologies and progressive exercises.
FlexifyMe, which was co-founded in 2021 by Manjeet Singh and Amit Bhayani, uses AI, machine learning, and data analytics to offer individualized chronic pain management solutions. With the help of its software, which analyzes joint movements, users can find skilled orthopedic surgeons, physiotherapists, and yoga instructors, offering a long-term remedy for chronic pain.
FlexifyMe states that its objective is to help organizations understand ergonomic challenges, eliminate postural misalignments, increase employee productivity, and guarantee ongoing health monitoring—all of which can help reduce stress and improve lifestyle disorders overall. More than 50,000 people from 25 countries are reportedly users of FlexifyMe.
Purplle, Miko, Purple Tutor, Bewakoof, Eggoz, GMetriXR, Deep Rooted, and NymbleUp are just a few of the startups in which Mumbai-based IvyCap Ventures has made investments.
