Zerodha's Rainmatter, Alakh Pandey, others invest Rs 8.5 crore in chronic care platform Praan Health

Praan Health, a lifestyle-first chronic care platform for parents aged 50 and above, has raised Rs 8.5 crore in a seed funding round led by Rainmatter Investments with participation from WEH Ventures and angel investors, including Alakh Pandey and Prateek Maheshwari (PhysicsWallah) and Arjun Vaidya, among others.

Founded in 2024 by Navneeth Ramprasad, a former product leader at Netflix and Meta, Praan Health aims to address the growing challenge of chronic lifestyle-related conditions among India’s aging population.

The startup said that more than 90% of Indians over 60 live with such conditions, yet care remains fragmented and hospital-driven. Praan Health aims to change this by providing families, especially millennials and older Gen Z in India and abroad, with a structured, science-backed, lifestyle-first system that helps their parents regain strength, mobility and control over their health.

With the new funding, Praan plans to strengthen its product and technology capabilities, expand its clinical and coaching teams, and expand its service delivery across India.

The startup has recently launched its mobile app to allows young adults to manage their parents’ health journeys, from blood test uploads and risk scores to weekly progress updates and doctor consultations. It will also use the funds to build unique, first-of-its-kind health centres in key regions, including Bengaluru, Hyderabad, Mumbai and Delhi-NCR.

“Healthcare for our parents shouldn’t start at the hospital — it should start at home. Praan turns chronic care into daily habits of movement, strength, and evidence-based nutrition. The freshly infused capital will help us deepen our clinical and technology capabilities, scale our programmes across India, and make Praan a household name,” said Ramprasad

“While our end users are parents, the platform also allows their children to stay informed, track progress, and remain closely involved in their parents' health journey. It’s a step toward making preventive, strength-driven care accessible to every household, so ageing in India can be defined by vitality, not vulnerability,” he added.

Nithin Kamath, Rainmatter & Zerodha, CEO, said, “There are 150 million people over the age of 60 in India, i.e., approximately 11% of our population. This poses significant challenges for the healthcare system as more elders will need specialised care. Most of them are experiencing some chronic health issues, and this is where a solution like Praan brings impact at scale. We’re excited to support the team at Praan, who are delivering chronic care solutions for our elders.”

Rohit Krishna, Partner, WEH Ventures, added, “Praan is solving a very real problem that every Indian in the workforce faces – how to care better for our parents as they age. The team’s approach combines medical depth with everyday practicality, making long-term health management both simple and deeply personal. It’s a mission that can touch millions of homes, and Navneeth’s clarity of purpose gives us immense confidence in Praan’s ability to redefine how India approaches preventive and chronic care.”