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Clinikally amasses 1.5 Mn customers within three year of launch

EntrackrEntrackr · 7m ago
Clinikally amasses 1.5 Mn customers within three year of launch
Medial

The dermatology and wellness industry in India is experiencing rapid growth, driven by increasing awareness of skincare, modern lifestyles and the influence of social media. With the vast array of products available in the market, professional guidance and personalized consultations are becoming essential to determine what works best for individual skin and hair needs. To address this problem, Clinikally, a digital healthcare platform, is transforming dermatology in India with its innovative telehealth solution that connects patients with leading dermatologists. Founded in 2022 by Arjun Soin, Clinikally provides skin, hair, and health supplement products, featuring verticalized online pharmacy with over 5,000 SKUs across 250 brands. The company leverages advanced AI systems to deliver personalized product recommendations by analysing user purchases, prescription histories, and demographic details. The company is backed by the likes of Y-Combinator, TribeCapital, Arash Ferdowsi (Dropbox founder), and Kunal Shah. Clinikally claims to have served over 1.5 million customers, reaching more than 500 cities and 18,000+ pin codes pan India. Notably, the split between skin and hair is 60% and 40% respectively. For the growth prospects, Clinially plans to launch its Android and iPhone apps and expand into the nutrition and weight-loss markets, and establish warehouses in major urban hubs across Tier-1 cities. Clinikally is also preparing to pilot omnichannel-user engagement models in select cities to redefine how Indians approach skin and hair care, offering expert dermatological solutions.

Gut wellness brand Lifechart raises $500K in seed round

EntrackrEntrackr · 9m ago
Gut wellness brand Lifechart raises $500K in seed round
Medial

Lifechart, a gut wellness brand, has successfully raised $500,000 in a seed funding round. Prajay Advisors LLP contributed $250,000, while the remaining amount came from Agility Ventures, Expert Dojo, and a group of angel investors, including Ahana Gautam, Nitish Mittersain, Sarath Sura, and Marwari Angels, through convertible instruments. Previously, Lifechart secured $200,000 in a pre-seed round in 2022 from Expert Dojo and Nazara Technologies’ Nitish Mittersain. The new funding will enhance Lifechart’s AI capabilities, launch proprietary diagnostic solutions, and develop a brand focused on tier 1 cities, the company said in a press release. Co-founded in 2022 by Mukul Shah and Mansi Sharma, Lifechart aims to tackle the increasing gut health issues in India by offering AI-driven predictive technology and products created by BAMS and BHMS doctors. The brand plans to introduce plant-based microbiome-focused products and comprehensive wellness kits targeting common gut issues like constipation, fatty liver, piles, gas, and acidity. With market research indicating the global gut health market could reach $18 billion by 2025-26, Lifechart’s initiatives position it to capture a significant share. Their predictive AI model aims to tailor services based on demographic and regional health patterns, having already impacted over 250,000 customers primarily in tier II, III, and IV cities.

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