This capital raise will be used by the company to raise its operations and expand its user base both domestically and internationally.
Watch Your Health has raised $5 million in funding, led by Cornerstone Ventures from India and Conquest Global from Singapore. This capital raise will be used by the company to raise its operations and expand its user base both domestically and internationally.
In addition to making fresh investments to improve the company's platform capabilities and technological infrastructure, the company intends to expand its sales teams.
Ratheesh Nair, co-founder at Watch Your Health, said,This investment will enable us to enhance our technological infrastructure, expand our user base, and introduce innovative health management solutions. Our mission is to transform the way people manage their health by leveraging AI-driven insights and personalized care. We believe proactive health management is the key to a healthier future, and this funding brings us closer to achieving that goal.”
Established in 2015 and based in Mumbai, Watch Your Health assists insurers and pharmaceutical companies in enhancing customer engagement and experience.
The platform claims to utilize advanced analytics to deliver personalized health recommendations, diet management guidance, exercise regimes, and lifestyle suggestions. These efforts aim to increase customer retention rates and reduce claim ratios for insurers.
To incorporate their services into the Watch Your Health platform, the business has teamed up with a number of top healthcare providers. Among the notable alliances are Watania Takaful and Shalina Healthcare in the United Arab Emirates, which represents a noteworthy advancement in global industry expansion. The business has also made great progress in boosting the AI capabilities of the platform to raise the caliber of health insights.
The digital healthcare market has been growing in India. A report by PwC says, “The India Patient Monitoring Market size is estimated at $1.76 billion in 2024 and is expected to reach $2.54 billion by 2029, growing at a CAGR of 7.67 percent during the forecast period (2024–2029).” Some of the prominent digital healthcare apps in India are PharmEasy, Practo, Netmeds, Doctor On Demand, and others.