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Tuesday, December 6, 2022

D2C health-tech startup GHC gets $10M to expand its team, product category

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A Direct-to-consumer (D2C) health-tech startup Good Health Company has secured funding of $10 million. The company will use the money to grow the existing staff, add new product categories, and
focus on product innovation.

Good Health Company (GHC), a direct-to-consumer (D2C) health-tech business, said on Wednesday that it has secured $10 million in Series A investment led by Left Lane Capital, with participation from
previous investors including Khosla Ventures, Quiet Capital, and Weekend Fund.

The Hyderabad-based business offers a full-stack solution for individuals suffering from diseases such as hair loss, sexual wellness, and weight loss.

“The firm expects to use the new funding in the next months to offer more product categories, focus on
product innovation, and grow the existing staff,” GHC said in a statement.

In June 2022, the business secured $5.2 million in a funding rounded headed by Khosla Ventures.

Founder of GHC, Samarth Sindhi, stated, “Our goal is to deliver a scientifically proven answer to our
customers’ unmet healthcare requirements. In recent months, we have worked to increase product
categories and include instructive material to boost awareness about men’s self-care requirements.”

Vinny Pujji, managing partner at Left Lane Capital, said, “The worldwide health and wellness sector is a
$1.5 trillion market that is increasing at a steady rate of 5-10% each year, with the Indian market adding
at an exponential rate. The fast growth rate of Good Health Company over the last 18 months
demonstrates that India’s population requires scientifically-proven, medical-grade health and wellness
products.”

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