Wearable tech startup Ultrahuman raises Rs 100 crore venture debt from Alteria Capital to expand business

Ultrahuman, the Bengaluru-based wearable tech startup, has raised Rs 100 crore in venture debt from Alteria Capital as it enters an important phase of expansion.

The company said the fresh fundingwill help it push deeper into product innovation, strengthen its software-led revenue streams and expand its presence across markets, including sports and research partnerships.

CEO Mohit Kumar said, “We’ve built Ultrahuman on the principles of cost-disciplined growth and capital efficiency. This partnership with Alteria allows us to accelerate expansion during this key growth season while staying true to our core principles of remaining nimble and lean.”

The company added that the move reinforces its focus on profitable, capital-efficient growth.

Vinod Murali, managing partner and cofounder at Alteria, said, “With growing affluence, there is a sharper focus on measurement and optimisation of health, and this is a massive global market. Mohit and his team have shown that passion, attention to detail and refined engineering can lead to successful outcomes even in difficult markets across the developed world.”

Murali added that Ultrahuman’s thesis of enabling a pre-emptive approach to managing health and lifestyle aligns with the scale of opportunity ahead.

Ultrahuman is building what it calls the world’s most comprehensive wearable and ambient health ecosystem. Its flagship Ultrahuman Ring AIR focuses on sleep, recovery and movement insights. 

Over the past months, the company has expanded into new categories with products such as the Ultrahuman M1 CGM for glucose tracking, Blood Vision for metabolic health insights, Ultrahuman Home for environment monitoring and Cycle & Ovulation Pro for women’s health.