SUCSEED INDOVATION LEADS A SEED FUNDING ROUND FOR HEALTH-TECH STARTUP, AYURYTHM. - Start-Up Hyderabad
Loading Startup Hyderabad

SUCSEED INDOVATION LEADS A SEED FUNDING ROUND FOR HEALTH-TECH STARTUP, AYURYTHM.

 2 years ago    

Entering into the health-tech sector, SucSEED Indovation Fund led a seed funding round for an undisclosed amount to Bangalore-based Ayurvedic wellness startup, AyuRythm on August 4, 2021, with participation from several other angel investors. 

health-tech startup founders

Ayurveda & Yoga have been an integral part of Indian history and culture. The onset of the pandemic pushed people back to their roots, realizing the importance of building immunity & holistically reducing stress, adopting ancient practices such as yoga & Ayurveda. Aiming to bring this holistic goodness to consumers everywhere, Ramanath Padmanabhan, Sandeep Acharya, and Abhilesh Gupta founded AyuRythm, an Ayurvedic health-tech startup in 2016.

Blending the age-old goodness of Ayurveda & yoga with modern technology, AyuRythm is a hyper-personalized digital companion for holistic wellness & healthcare. Their patent-pending technological innovation, Nadi Pariksha, a simple 30-second digital pulse analysis using a smartphone is lauded & approved by leading ayurvedic doctors across India. Setting themselves apart from the competition, AyuRythm allows consumers to use existing smartphones or wearables to make real-time assessments & personalized recommendations based on an individual’s mind, body,  and metabolic imbalance. With their assessment and recommendation engines certified by leading institutions, like SVYASA, HCG, Niraamaya Retreat, Dr. Vaidya’s, and several individual experts, AyuRythm is a one-stop solution for all wellness needs. 

health-tech, funding, ayurveda

Having seen a surge in activation rates by 60% with 100,000 installations since the second wave of COVID, Abhilesh Gupta, Founder &CEO, AyuRythm said, “People are unique and so are their wellness needs. Our aha moment came when we realized more than 90 percent of consumers are looking for sustainable wellness solutions beyond aggressive exercise like running, weight-lifting, and cycling. The overwhelming response from the young adult population during the past few months has certainly validated our hypotheses and opened up exciting possibilities ahead, globally.

On their decision to fund AyuRythm, VVSN Raju, Partner, SucSEED Indovation Fund, said, “As the pandemic continues, people have become more heedful towards their well-being and there is a need for sustainable personalized wellness. AyuRythm provides digitized real-time assessments by merging Ayurveda with AI algorithm to recommend proactive solutions.” He further stated, “They address the underlying causes and treatments of the ailments and stress-related issues which can be accessed and analyzed on smart devices and wearables. As the wellness and healthcare segment is growing fast, AyuRythm provides digitized end-to-end holistic wellness experience.

The Future

The Ayurvedic & allied industries are estimated to boom at 16% CAGR to reach $15 Billion by 2022, and more with the millennial generation adopting a healthier lifestyle & focusing largely on natural, healthy & sustainability.  Speaking on the seed funding, Abhilesh noted, “The seed funding we raised from SucSEED Indovation Fund and such established angel investors will help us enhance our product and technology capabilities, strengthening our team and accelerate growth.
Download the AyuRythm app on Play Store & App Store, and experience the wellness of Ayurveda & Yoga from the comfort of your homes using your smartphone.

Related Post:
SUCSEED INDOVATION LEADS $1 MILLION IN SEED FUNDING ROUND TO DEEP TECH VIDEO ANALYTICS PLATFORM, PIXUATE. – Start-Up Hyderabad (startuphyderabad.com)

Comments

comments

Rituka M

I am an avid reader and have a passion for writing. Being a law student coming from a commerce background, I have a flair for learning about the dynamic legal and business fraternity, as well as becoming an entrepreneur myself. Innovation, creativity, and hard work are the sole drivers to growth and is my mantra for life.

OUR BLOGGERS

  • Saritha Keshamoni

    Saritha Keshamoni

  • Rituka M

    Rituka M

  • Ramya Sayaboni

    Ramya Sayaboni

  • Bhavitaavya Dharanikota

    Bhavitaavya Dharanikota

  • Sruthi Malla

    Sruthi Malla

  • Tata Teja

    Tata Teja

  • Nethrikaa Greeshma

    Nethrikaa Greeshma

  • Ruchika Agarwal

    Ruchika Agarwal

  • Neeha Jayaram

    Neeha Jayaram

  • Avatar

    Sameeksha Bansal

  • Rahul Das

    Rahul Das

  • Shravani Maddirala

    Shravani Maddirala

  • Saloni Anand

    Saloni Anand

  • Avatar

    Madhureema RoyMoulik

  • Srinivas Aki

    Srinivas Aki

  • Dhivya

    Dhivya

  • Sravya Gowrisetty

    Sravya Gowrisetty

  • Soumalya Chakraborty

    Soumalya Chakraborty

  • Monika Guwalani

    Monika Guwalani

  • Ramesh Loganathan

    Ramesh Loganathan

  • Nischala Agnihotri

    Nischala Agnihotri

  • Varun Rastogi

    Varun Rastogi

  • Harshita Goel

    Harshita Goel

  • Nikita Kiran

    Nikita Kiran

  • Avatar

    Ankur Mehta

  • Neha Mohsin

    Neha Mohsin

  • Maddy Anand

    Maddy Anand

  • Chandra Mouli Koduri

    Chandra Mouli Koduri

  • Ayyappa Nagubandi

    Ayyappa Nagubandi

  • Divya Jyothi

    Divya Jyothi

  • Ayushi Pandey

    Ayushi Pandey

  • Saptarshi Roy Chaudhury

    Saptarshi Roy Chaudhury

  • Amita Sood

    Amita Sood

  • Avatar

    Surya Vallae

  • Gunajit Haloi

    Gunajit Haloi

  • Avatar

    Manoj Surya

  • Ravi Vaka

    Ravi Vaka

  • Sreekar Reddy

    Sreekar Reddy

  • Priyanka Mechineni

    Priyanka Mechineni

  • Ambika Asta

    Ambika Asta

  • Avatar

    Anish Tadimarri

  • Vana Korrapati

    Vana Korrapati

  • Avatar

    Vineel Reddy Pindi

  • GR Reddy

    GR Reddy

  • Vinita Surana

    Vinita Surana

image title here

Some title