Dec 22, 2022

Bonatra, a doctor-led IoMT (Internet of Medical Things) start-up for men’s health issues, has raised 5.5 crores in a pre-seed round led by ITI Growth Opportunities Fund with participation from marquee angel investors like Jitendra Jagadev, Founder, Nestaway and Helloworld, and Rajesh Yabaji, Founder, Blackbuck. Other investors who participated in the round include Satish Shetty and Anuj Bishnoi, founders of Morningcart (Big Basket Daily); Ankit Maheshwari, CFO India, Cars24; Divyanshu Anand, VP, Cars24; Ankit Agarwal, VP, Global Business, OYO; Shakeeb Anwar, Head, Virtusa, UK; Sarath Ruthvic, VP, Brookfield, and others. The funding will be used to expand technology and product offerings, build the team, and grow the customer base. Over the last several years, the incidence of cardiometabolic diseases in men has considerably increased, and the risk factors continue to be high. Issues such as loss of libido, fatigue, insomnia, receding hairlines, poor muscle mass, depression, repeated infections, and joint pains are commonly seen in young men. A report by the World Health Organisation indicates that over 20 percent of India's population suffers from at least one chronic disease. This rapid rise in chronic diseases such as diabetes, thyroid disease, high blood pressure, and obesity can be attributed to sedentary lifestyles, high stress levels, unhealthy diets, and poor nutrition. However, most chronic conditions are reversible through prevention, timely detection, and management. Bonatra was founded with the aim of helping people with chronic diseases manage their conditions using easy-to-use the Internet of Medical Things (IoMT) devices. Founded in March 2022 by Rahul Kishore Singh (CEO), Manjari Chandra (CMO), Ramanpreet Singh (COO), and Amit Acharya (CTO), Bonatra is a doctor-led IoMT (Internet of Medical Things) unified health stack solution to treat, manage, and reverse chronic diseases in men. The company has served 1000+ patrons and works with 400+ doctors across India. The doctors form an integral part of the team at Bonatra and are invested in the patron’s journey. Over the next six months, Bonatra plans to partner with 2000 doctors to help patrons recover from various conditions like diabetes, thyroid disease, high blood pressure, sexual health issues, fatty liver, weight issues, etc. Commenting on the investment, Rahul Kishore Singh, CEO and Co-Founder, Bonatra, said, “ We have received an overwhelming response from our doctor partners and patrons for our holistic healthcare programs. We are pleased with our investors' further validation of our products and business model. The new investment will accelerate our next phase of growth and enable us to strengthen our presence in the market.” Mohit Gulati, Managing Partner, ITI Growth Opportunities Fund, , said  “ Bonatra has demonstrated impressive growth, and it's evident that they are fulfilling a large unmet need in the healthcare space. The brand is positioned for incredible future growth and has the potential to become a category leader. We are excited to be a part of their growth story.” Share this article: