WatchYourHealth (WYH) has secured $2.2 million (approximately 18.50 crore) in funding. The funding round was led by Conquest Global Ventures Private Limited (CGVPL), a venture capital firm based in Singapore. CGVPL’s investment in the Indian market marks its first foray into the country.
The raised funds will be allocated towards various areas:
- Product development
- Geographic expansion
- Sales and marketing efforts
- Office spaces
- Inventory enhancement
Ratheesh Nair founded WYH in 2015. The company specializes in healthcare delivery and healthcare financing for enterprise clients. They utilize a SaaS platform with a phygital (physical + digital) approach to enhance health outcomes for their customers. WYH has maintained an impressive Compound Annual Growth Rate (CAGR) of 100% over the past three years. They claim to serve more than 10 million users, providing consumer engagement solutions through their integrated B2B SaaS platform.
This investment demonstrates a strong belief in WYH’s vision and potential. It will enable the company to accelerate its growth and expansion plans while advancing its mission of improving health outcomes worldwide.