CureJoy raises $1.15mn funding led by Accel Partners

The funding round also saw participation from serial entrepreneurs Subrata Mitra, Larry Braitman and Venk Krishnan

Online health and wellness start-up CureJoy on Friday raised Rs 7 crore ($1.15mn) funding in pre-Series A round, led by Accel Partners. The funding round also saw participation from serial entrepreneurs, including Subrata Mitra, Larry Braitman (founder of Flycast & Adify) and Venk Krishnan (founder and chief executive officer of Nuware Technologies), among others.

The Bengaluru and San Francisco-based company will use these funds to further expand their services in India and other countries and strengthen its team to compliment their capabilities, the press statement said. The other players in the health and wellness segment in India include MyFlexipass, Trueweight, HealthifyMe and Gympik.

CureJoy is an online destination for natural health and wellness where people can find fresh and credible content, answers to some of the most common health questions and health advice from experts. The platform provides curated content through its backend algorithms and technology on natural health and wellness by experts usually associated with large universities like Stanford or UCLA, and merges it with global trends and patterns. Serial entrepreneurs Dikshant Dave and Shrinivasa Sharma started CureJoy in October 2013.

"This is an exciting moment for us. We have seen a tremendous growth over the last six quarters and we consider this to be the right time to scale our operations in order to cement our position as the fastest growing company in the online health and wellness segment."

CureJoy has about 8 million site visits per month. The company has witnessed a quarter-on-quarter growth of about 100% over the last six quarters. It has received two rounds of investments by Accel Partners and independent angels based out of US and India.