Wipro Consumer Care Invests Unknown Sum In Women's Health Startup Gynoveda

Listen to This Article

Gynoveda was founded in 2019 by husband-wife duo Rachana and Vishal Gupta, along with gynaecologist Dr Aarati Patil. Its aim is to help women aged 14-45-years cure disorders such as infertility, PCOS, and irregular menstrual cycles, among other ailments.



“We believe there are large unaddressed needs of women who suffer and live with these problems where Gynoveda is already making a visible impact with their offerings as well as educational initiatives. The strong team of Vishal, Rachna and Aarti has all the elements to make Gynoveda formidable with the aim of reaching a larger population.” said Sumit Keshan, Managing Partner, Wipro Consumer Care - Ventures. “This is aligned with our interests in health and wellness space, in addition to our existing focus on personal care, fragrances, food and nutrition. This is the 10th investment from our fund.”

“Our philosophy is to solve gynecological disorders for women, without putting them on life-long medication. We can help them get rid of gynecological problems within 6-8 months or a year, based on their chronicity,” co-founder and CEO Vishal Gupta said. “Gynoveda has so far improved the health of 300,000 women residing in 20,000 pin codes of India,” he added.

The firm aims to tap the $9.6 billion global women’s healthcare industry. Gynoveda said it sells proprietary formulations certified by the United States Food and Drug Administration (FDA) and India’s National Accreditation Board for Testing and Calibration Laboratories. It sells these products via its website as well as e-commerce marketplaces such as Amazon, Flipkart and Nykaa. The firm said it also has strong initiatives on providing expert consultations thru tele-consultation mode, educational materials thru blogs and videos, and webinars.

RECENT NEWS

Central Banks And The Economic Horizon: Steering Through Uncertaintie

In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more

Transforming Financial Operations With Robotic Process Automation

Author: Ricardo Goulart                           ... Read more

The Role Of Machine Learning In Fraud Detection

        Author: Gerardine Lucero                  &nbsp... Read more

Principles Of Islamic Banking And Finance

When it comes to banking, a significant new contender has entered the ring. The principles of Islamic banking and financ... Read more

The Role Of Central Banks In Global Economy

The role of central banks in global economy is a stimulating topic that requires profound understanding. Commonly, centr... Read more

History Of Banking Evolution In The 21st Century

Throughout time, the banking sector has assumed a central role in the smooth functioning of economies, generating growth... Read more