Sepalika, a healthcare content platform has raised $750,000 (Rs 4.8 crore) in seed funding led by venture capital firm Accel Partners. It offers research-based information on diet, lifestyle changes and supplements and helps in prevention and reversing chronic health conditions. The company was founded in 2016 by Sharda Agarwal and Mahesh Jayaraman. Agarwal previously worked with Coca-Cola, MarketGate.It mainly focuses on 11 chronic health conditions such as type-2 diabetes, cardiac diseases, hypertension, arthritis and mental health and depression.
Barath Shankar Subramanian, principal in Accel, said, Sepalika’s research-backed content platform aims to bring down the dependence on drugs and partner patients, caregivers, or experts in functional medicine to reverse chronic illnesses.
The firm, owned and operated by Moonjur Healthcare Pvt Ltd., will use the capital to further enhance its platform and strengthen its core proposition, the statement added.
The funds will be deployed towards building the platform and strengthening its core proposition. Sepalika aims to use the fresh capital infused for further building on its research-based content and strengthening its core proposition in the key market of the USA, Sharda Agarwal and Mahesh Jayaraman, Co-Founders, said on Friday.
With this present fund flow he company is planning an advertising model for the content side of its business besides working on making its content available in local Indian languages.
Meghna A Singhania
Latest posts by Meghna A Singhania (see all)
- Meril launches Myval- Indigenously developed TAVR therapy in India - December 11, 2018
- Zydus Hospital acquires Columbia Asia Hospital in Ahmadabad - October 31, 2018
- GST Trauma: Chemist Drop medicine storage, Temporary Shortage Likely - June 26, 2017