Thane-based healthtech startup Watch Your Health has raised $5 million in a Series A funding round led by Cornerstone Ventures from India and Conquest Global from Singapore.
The startup will use the raised capital to scale its operations, expand the user base both domestically and internationally, and enhance the company’s technological infrastructure and platform capabilities.
"This investment will enable us to enhance our technological infrastructure, expand our user base, and introduce innovative health management solutions," said Ratheesh Nair, Co-founder of Watch Your Health.
What does Watch Your Health do?
Founded in 2015 by Ratheesh Nair, Abhitosh Pandey, Jay Patel, and Prachi Shinde, Watch Your Health operates in the business-to-business (B2B) space, helping insurers and pharmaceutical companies enhance customer experience and engagement.
The startup uses advanced analytics to provide personalized recommendations on health improvements, diet management, exercise regimes, and lifestyle changes.
Additionally, It aims to introduce electronic behaviour records, mental health support, advanced predictive analytics for disease prevention, chronic disease management, and post-hospitalization care programs.
"Our mission is to transform the way people manage their health by leveraging AI-driven insights and personalised care. We believe proactive health management is the key to a healthier future, and this funding brings us closer to achieving that goal,” Nair said.
Partnership with leading healthcare providers
Watch Your Health claims to have established partnerships with several healthcare providers to integrate their services into its platform.
Notable partners in the UAE include Watania Takaful and Shalina Healthcare. It competes with other healthtech startups, such as HealthifyMe, GOQii, Zyla, Vitality, and Sanlam.
“We believe Watch Your Health is targeting a globally relevant and complex need. It not only improves persistence with intelligent algorithms to enable underwritten premium discounts, but more importantly improves health and wellbeing with this continuous engagement leading to lower claims for insurance companies. Truly built from India for a Healthier India. What we like the best about the platform is the ease with which it is able to attribute the value it is creating for its clients and that impact is telling and consistent - leading to a value-share driven business model,” said Nanika Kakkar, Partner, Cornerstone Ventures.