Bengaluru-based femtech startup Elda Health has raised a $1.5M seed round for it’s one-stop-shop holistic health platform targeting women aged 35 and up. The platform serves as an everyday companion for women on their healthcare journey, empowering them with measurable health outcomes. Avaana Capital, Orios Ventures and Ananth Narayanan Family Office participated in the round.
“Women’s health has been underserved for generations. While puberty and pregnancy are celebrated and tended to, pivotal phases of women’s lives such as menopause are completely ignored. With Elda we strive to change that. Elda’s community of over 35-year-old women is a safe space for their wellness conversations, counseling, and curated health programs. We’re thrilled to have found a set of partners whose ideals align with ours. Their backing and experience will accelerate our efforts to ensure the prioritization of women’s health,” said Swathi Kulkarni, co-founder, and chief executive officer, Elda Health.
“Women’s health is fragmented. At Elda, we aim to bridge this gap in healthcare access and awareness by creating a holistic health platform bringing in multi-specialty medical specialists and coaches to understand and cure women’s health issues intimately. We are starting with midlife women’s healthcare, as that remains the most unpenetrated, and plan to expand from there. With our investing partners on board, our conviction towards this mission is stronger than ever,” added Sindhuri Ananth, co-founder, Elda Health.
“Our conviction in Elda Health stems from the perfect blend of the founding team’s experience of building women-focused and tech-led products and an outcome-driven approach to women’s mid-life care. We are delighted to partner with Elda on their journey to build for a systematically unattended need-gap and make their mark in the growing femtech space,” shared Shruti Srivastava, principal, Avaana Capital.
The new funding allows the company to scale its offerings, operations, hire new talent, onboard health and wellness professionals and doctors to expand its circle of expertise.