Women Health Platform Newmi Care Bags $1.5 Mn In Seed Round

Newmi Care, a outpatient care platform & clinics focused on women health and wellness announced that it has raised USD 1.5 million in a Seed funding round led by Sprout Venture Partners. The round also included participation from a leading family office, LetsVenture, Sarcha Advisors, Key Ventures Forum and marquee Angels.

With this capital, Newmi Care aims to build its women clinics in North and West India, enhance technology and product innovation and expand its team. Since its inception in May 2022, Newmi Care has serviced more than 60,000 women across 400 cities in India covering health concerns ranging from menstrual, sexual & hormonal health, fertility & maternity, menopause and women reproductive organ cancers. Newmi has launched multiple market first solutions including women centric OPD insurance products along with leading insurers. Newmi currently has 10 operational clinics in Delhi/NCR.

“We are on a mission to simplify outpatient care for women in India and bring women health to forefront. This capital infusion is a step to move closer to our path to solve for women health at scale in India" said Sanchit and Aditi founders of Newmi Care. “We are thrilled to have the support of Sprout and other partners, which will help us take the next big steps toward achieving our mission.”

“We see a clear opportunity in building a trusted brand in the women's health lifecycle space. We have seen this play out in some of the other healthcare categories. This will be a large market in future with the growing awareness of health lifecycle amongst the next generation of women. Newmi is looking to solve this problem with its unique omnichannel approach and innovative product offerings. Sanchit and Aditi are a great team to execute this, and we are excited to back them in this journey." said Sahil Gupta, Partner at Sprout.

“We are proud to back Sanchit and Aditi for building for a wonderful cause. My best wishes to the team in providing positive outcomes to all stakeholders.” said Rohit Chanana, Partner at Sarcha Advisors.