Curelo also aims to expand its footprint in radiology and blood bank aggregators in the near future
Curelo, founded in 2022 by Dr Arpit Jayswal, which enables patients to book at-home blood sample collection and receive blood reports from any labs of their preference has announced that it has raised $100k from IIMA’s CIIE.CO.
In the last 10 months of operations, Curelo has partnered with 1350+ labs, processed over 125,000 orders, and is currently generating a monthly run rate of Rs 55 lacs at a month on month growth of 30 per cent. Curelo also aims to expand its footprint in radiology and blood bank aggregators in the near future.
Vipul Patel, Partner-Seed Investments, CIIE.CO, said, “The fragmented diagnostic market, commanding an 85 per cent market share, is composed of standalone and hospital-based labs. Whereas, the top four corporate diagnostics chains in India hold a mere 6 per cent share. Arpit’s experience in running a chain of multi-specialty hospitals and diagnostic labs gives him deep insights into the customer pain points. We are excited to partner with the Curelo team and look forward to helping them scale their business.”
Dr Jayswal remarked, “We are excited to have CIIE.CO back Curelo. Their conviction reflects the immense potential in our platform and the diagnostic aggregator sector. Our primary focus is scaling nationwide, optimising user experience, and standardising sample collection, aiming to serve 1000+ home samples daily by year-end. We are keen to have CIIE.CO support us in this journey with their exceptional sector understanding and network”