The fresh fund will be used to advance Peping’s technology infrastructure, and team expansion and allocate resources for creative experiments
Bangalore based startup Peping, digital healthcare clinic platform focussing on gut health has announced that it has secured its latest investment round of 400K USD led by Better Capital as the lead investor and other angel investors who have joined the funding round include Kunal Shah, Sandeep Kumar Dinodiya, Ganesh Balakrishnan, and Shubham Mishra.
The newly acquired capital will be allocated to various critical areas of the company’s growth. A significant portion will be dedicated to advancing the product and technology infrastructure. Additionally, it will also work towards building a team with deep industry knowledge, and allocate resources for creative experiments and expanding our acquisition channels.
Peping is building a digital clinic that delivers solutions for managing dietary and lifestyle factors that contribute to conditions such as IBS, GERD, Gastric, Gastritis and Fatty liver. The company aims to transform the delivery of this crucial aspect of treatment by implementing personalised and tailored care plans that examine various aspects, including lifestyle and test results, to diagnose and target the underlying causes of health problems.
Commenting on the announcement Chirag Maheshwari, Co-Founder, Peping said, “At Peping, we recognise that managing digestive health concerns can be a challenging and burdensome experience. That’s why our mission is to simplify and alleviate this process for you. Through our personalised approach, a dedicated team of healthcare experts, and state-of-the-art technology platform, we are committed to delivering the utmost quality of care for gastrointestinal (GI) issues, making your journey towards better digestive health as smooth and stress-free as possible. The patient relief rate for functional gastric disorders in India stands at a low 5 per cent. Our ambitious goal is to elevate this rate to surpass 30% and establish a global benchmark in the field. I want to thank all our investors who believe in us and are instrumental in driving our mission forward.”