Bonatra Raises INR 5.5 Crore In Pre-Seed Funding Round The fund will be used to expand technology and product offerings, build the team and grow the customer base

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

Bonatra, a doctor-led Internet of Medical Things start-up for men's health issues, has raised INR 5.5 crore in a pre-Seed funding round led by ITI Growth Opportunities Fund along with the participation from marquee angel investors like Jitendra Jagadev, (Founder, Nestaway and Helloworld) and Rajesh Yabaji, (Founder, Blackbuck). Other investors who participated in the round include Satish Shetty and Anuj Bishnoi, (Founders, Morningcart Big Basket Daily), Ankit Maheshwari, (CFO India, Cars24), Divyanshu Anand, (VP, Cars24), Ankit Agarwal, (VP, Global Business, OYO), Shakeeb Anwar, (Head, Virtusa, UK), Sarath Ruthvic, (VP, Brookfield), and others. The fund will be used to expand technology and product offerings, build the team and grow the customer base.

"We founded Bonatra, intending to enable men to take proactive steps to prevent, manage, and reverse various health conditions. We are pleased with our investors' further validation of our products and business model. The new investment will accelerate our next phase of growth and enable us to strengthen our presence in the market," said Rahul Kishore Singh, CEO and Co-Founder, Bonatra

The company has served over 1000 patrons and works with more than 400 doctors across India. Over the next six months, Bonatra plans to partner with 2000 doctors to help patrons recover from various conditions like Diabetes, Thyroid, BP, Sexual health issues, Fatty Liver, Weight issues, etc, claimed by the company in a statement.

"What sets Bonatra apart is their approach towards managing chronic diseases. It's a unique mix of medical science, data science, and technology to offer a solution that can positively impact the end consumer. The brand is positioned for incredible future growth and has the potential to become a category leader. We are excited to be a part of their growth story," said Mohit Gulati, Managing Partner, ITI Growth Opportunities Fund

Founded in March 2022 by Rahul Kishore Singh, Manjari Chandra, Ramanpreet Singh and Amit Acharya, Bonatra is an IoMT start-up creating a convergence of medical science, data science and technology to help men manage and reverse chronic metabolic diseases from the comfort of their homes.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.

Related Topics

Starting a Business

New Research Reveals 4 Personality Traits That Most Wealthy Entrepreneurs Share

In the book "Rich Habits," author and CPA Tom Corley shares the daily success habits of his most successful clients.

Growing a Business

Serial Entrepreneur Turned VC Reveals 4 Numbers You Need to Know to Scale Your Company

If you're looking to attract investment or simply seeking to scale your business, there are four key numbers you should use as your guiding light.

Business News

This Influencer Has Nearly 150,000 Instagram Followers and Makes Over $10,000 a Month. There's Just One Catch—She's Not Real.

Aitana López has over 149,000 Instagram followers and brands love her. Is she the future of social media marketing?

Growing a Business

What It Takes to Build a Best-In-Class Company — 3 Essential Elements

The journey to excellence is not a matter of chance but a deliberate pursuit to shape the future and raise the bar for all who follow.

Leadership

How to Win Over the Room With Effective Persuasion Skills

The art of persuasion is not just about the notes, the data, and the pitch; it's about creating a connection that resonates with the audience. We explore how a blend of story, active listening, and genuine interaction can not only capture attention but also win hearts and minds, setting the stage for achieving success in any meeting.

Living

Discover Your New Favorite Show or Movie with This App, Now $39.99 for Life

Think of this app as your very own, personalized guide to streaming film and TV.