Bengaluru and San Francisco based online health and wellness startup, CureJoy has secured $1.15M funding in Pre-Series A round, led by Accel Partners, India. Serial entrepreneurs Subrata Mitra, Larry Braitman (Founder of Flycast & Adify), Venk Krishnan (Founder and CEO of Nuware Technologies) and others participated in the pre series A round of funding.
The company will use these funds to further expand their services in India and other countries and strengthen its team to compliment their capabilities.
CureJoy is a buzzing community and an online destination for Natural Health and Wellness, where people can find fresh and credible content, answers to some of the most common health questions and health advice from experts. Brainchild of serial entrepreneurs Dikshant Dave and Shrinivasa Sharma, CureJoy was incorporated in October 2013 to address the common concerns of people in the existing healthcare system.
Speaking on the occasion, Dave says, “This is an exciting moment for us. We have seen a tremendous growth over the last six quarters and we consider this to be the right time to scale our operations in order to cement our position as the fastest growing company in the online health and wellness segment.”
The platform provides curated content through its backend algorithms and technology on natural health and wellness by experts usually associated with large universities like Stanford or UCLA and merges it with the global trends and patterns. In fact, CureJoy today boasts of over 8 million site visits per month and an active and vibrant Facebook community with about 2.7 Million users, which makes it among the top three companies globally, in terms of Facebook engagement.
The healthcare startup was an answer to their own perception and concerns regarding healthcare. The present conventional health system does not offer solutions to many prevailing health conditions. This leaves one with no choice but to take a pain killer and repress symptoms, which leads to larger issues over a period of time.
Taking this into consideration, the duo began with certain experiments to analyze whether dissatisfaction with the current healthcare scenario was widespread. The experiments gave them deep insights about the existence of such unsatisfied groups of people, resulting in the formation of CureJoy, a content publishing and aggregation platform.
CureJoy is a buzzing community and an online destination for Natural Health and Wellness, where people can find fresh and credible content, answers to some of the common health questions and health advice from Experts. Most of the content is based on the present day needs of quick consumption Anywhere – Anytime. For Natural and Alternative Health Experts, it is a platform to reach out to the relevant users who are looking for genuine help and advice from them.
Incorporated in October 2013, CureJoy is headquartered in California, USA and manages the entire operations and development from Bangalore. Ever since its inception, CureJoy has grown by almost 100% Q on Q over the last 6 quarters and reached 1 million site visits per month, within six months of its launch, which has now expanded to almost 8 million. So far, it has received two rounds of investments by Accel Partners, India and Independent Angels based out of US and India. The portal also boasts of an active and vibrant Facebook community with about 2.7 Million users that makes it count among the top 3 companies globally, in terms of Facebook engagement. Currently, it prioritizes its impact in India, USA, Australia and English speaking European countries. In the next 6-8 quarters, CureJoy envisions reaching 50 million users including those from countries like Germany, Spain, France, etc with localized content in multiple languages. It targets to emerge as the top destination in Natural Healthcare and Wellness. Users can access CureJoy both on the internet and through mobile app.