Direct-to-consumer (D2C) health-tech startup Good Health Company (GHC) on Wednesday said it has raised $10 million in Series A funding led by Left Lane Capital, with participation from existing investors such as Khosla Ventures, Quiet Capital, and Weekend Fund.
The Hyderabad-based startup provides a full-stack solution for patients with conditions like hair fall, sexual health, and weight loss.
“In the next few months, the company plans to use the fresh funds to introduce more product categories, focus on product innovation and expand the existing team,” GHC said in a statement.
“We aim to provide a scientifically proven solution to our consumers’ unmet healthcare care needs. In the last few months, we have worked towards expanding the product categories and introducing informative content to raise awareness about men’s self-care needs,” said Samarth Sindhi, founder of GHC.
The startup had earlier raised $5.2 million led by Khosla Ventures in June 2022.
“The global health and wellness industry is a $1.5-trillion market growing steadily at 5-10% annually, with the Indian market contributing to it at an exponential rate. Good Health Company’s rapid growth rate in these past 18 months shows that India’s population needs scientifically-proven, medical-grade health and wellness products,” said Vinny Pujji, managing partner at Left Lane Capital.