Indian startup with Russian roots, Lifetime Health, has raised $1.5 million. The money will be used to further develop the product. Founded by Konstantin Ryabtsev and Mikhail Vorobyov, the company currently operates in Bengaluru and plans to enter the Mumbai market.
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Konstantin Ryabtsev and Mikhail Vorobyov’s Lifetime Health startup raised $1.5 million in a seed round of investments. A representative of the company informed RB.RU about this.
The main investor in the round was the American venture capital company The Garage Syndicate, in which business angels also participated. The startup will use the funds raised to continue developing the product.
The Lifetime Health service allows you to order medical tests at home, and also provides express diagnostic services, nursing and postoperative care, and physical therapy procedures. The company’s partner network includes 200 clinics and they plan to expand the platform’s coverage to 10,000 medical offices throughout the country.
The service currently operates in Bengaluru and is planned to launch in Mumbai in the fall. Until the end of 2024, Lifetime Health aims to achieve a monthly turnover of between $100,000 and $150,000. In 2025, the startup hopes to attract an Indian-scale investment round.
Lifetime Health was launched in September 2023. Initially, the project raised $600,000 and they entered the current seed round.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
