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Mumbai-based health-tech startup Alyve Health has secured a Series A funding of $5.5 million.

The funding was led by Axilor Ventures and saw participation from existing investor 1Crowd Fund and InHealth Ventures. The company also raised venture debt fund from Trifecta Capital as part of this round.

The company plans to use the funding to acquire talent; enhance its platform, services and engagement with members; and expand operations.

 

Founded by Shashank Avadhani, Sushant Roy, and Vineet Mehta in May 2020, Alyve Health strives to provide comprehensive healthcare services to individuals, employers, and businesses. Its services include doctor consultation, medicine purchase, diagnostics, gym membership, dental procedures, and proactive well-being.

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