Femtech startup Laiqa Wellness raises Rs 15 crore in a Seed round

Gurgaon-based femtech startup Laiqa Wellness has raised Rs 15 crore in a seed funding round from IvyCap Ventures.

"This funding is a testament to our vision of creating a future where women have access to the best tools and care to prioritize their health," said co-founders Monica Bindra, Harmeet Bindra, and Meenakshi Singh.

"We're grateful to IvyCap Ventures for believing in our mission. With their support, we aim to extend our reach, grow our community, and continue innovating sustainable products and services that truly make a difference in women's lives," they added.

What does Laiqa do?

Founded in August last year, Laiqa Wellness offers a unique approach to women's wellness. The startup targets hormonal imbalances through cycle-synced, personalized care.

It addresses a wide range of conditions, such as polycystic ovary syndrome (PCOS), thyroid disorders, insulin resistance, sleep disturbances, and other lifestyle-related issues.

Purpose of fundraising

The startup plans to use the raised capital to expand and develop its innovative tech-based solutions.

These solutions focus on personalized hormonal health tracking, point-of-care assessments, and AI-driven recommendations that integrate modern science with traditional Ayurveda.

Employing advanced AI, ML algorithms

Laiqa offers the MyLAIQA app, which employs advanced AI and machine learning algorithms. The app’s proprietary algorithm objectively scores health parameters and offers cycle-synced actionable insights.

These insights help users manage hormonal fluctuations for enhanced productivity, improved energy levels, and overall wellness.

The app also suggests lifestyle adjustments, Ayurveda-based diet and fitness plans, and herbal supplements, all tailored to each woman’s menstrual cycle.

"We’re delighted to support Laiqa in their mission to transform women’s wellness. Their unique approach, combining modern science with Ayurveda, sets them apart in the market. Laiqa’s commitment to empowering women aligns perfectly with our investment philosophy," said Vikram Gupta, Founder and Managing Partner of IvyCap Ventures.