According to the company's statement, The startup plans to use the raised capital for business growth as it aims to double its operations before pursuing a series A funding round.
Founded in 2021 by Takki Zain and Shivansh Jain, Dr Mantra helps patients tackle various health concerns, with particular expertise in addressing kidney Stones.
The startup said it plans to harmonise ancient Ayurvedic wisdom with contemporary medical approaches. It claims to have impacted over 20,000+ patients in the last 2.5 years.
Prior to the current round, Dr Mantra raised Rs 1.25 crore from 100X.vc’s Sanjay Mehta and team.
Takki Zain, said, “I am absolutely delighted to have Deep and Mohit on board with us. Their invaluable support serves as a great source of motivation for us to continue our work in the industry. At Dr Mantra, we take pride in being part of a purpose-driven brand that not only speaks its values but also lives them every day. Thanks to our dedicated team without whom this wouldn’t have been possible.”
Commenting on the investment, Deep Bajaj, Co-founder & CEO of Sirona, said, “The unwavering determination of the founders to build a profitable venture truly impressed us. Such companies, where founders are focused on growing the company on customer love and trust, have the potential for immense success. Any team working with the right values is destined for greatness.”