Laiqa Wellness Secures ₹15 Crore in Seed Funding from IvyCap Ventures

Gurgaon, August 2024 – In a significant boost to the femtech space, Gurgaon-based startup Laiqa Wellness has successfully raised ₹15 crore in a seed funding round led by IvyCap Ventures. This early-stage investment marks a pivotal moment for the startup, which has swiftly gained recognition for its innovative approach to women’s health and wellness.

Founded just a year ago, Laiqa Wellness has quickly made its mark by offering personalized, cycle-synced care that addresses hormonal imbalances and a range of related health conditions, including polycystic ovary syndrome (PCOS), thyroid disorders, and insulin resistance.

A Vision for Women’s Wellness

The co-founders of Laiqa Wellness, Monica Bindra, Harmeet Bindra, and Meenakshi Singh, expressed their gratitude for the support from IvyCap Ventures, emphasizing their commitment to enhancing women’s health. “This funding is a testament to our vision of creating a future where women have access to the best tools and care to prioritize their health,” they stated. “We’re grateful to IvyCap Ventures for believing in our mission. With their support, we aim to extend our reach, grow our community, and innovate sustainable products and services that make a difference in women’s lives.”

Innovating at the Intersection of Science and Ayurveda

Laiqa Wellness stands out in the crowded femtech market with its unique blend of modern science and traditional Ayurvedic principles. The company’s flagship product, the MyLAIQA app, leverages advanced AI and machine learning algorithms to provide personalized health tracking, point-of-care assessments, and AI-driven recommendations tailored to each woman’s menstrual cycle.

The app’s proprietary algorithm objectively scores health parameters, offering actionable insights that help women manage hormonal fluctuations, improve productivity, and enhance overall wellness. This tech-driven approach is complemented by lifestyle suggestions, Ayurveda-based diet and fitness plans, and herbal supplements, making Laiqa Wellness a holistic solution for women seeking to take control of their health.

A Strategic Investment

Vikram Gupta, Founder and Managing Partner of IvyCap Ventures, expressed confidence in Laiqa’s mission and potential. “We’re delighted to support Laiqa in their mission to transform women’s wellness. Their unique approach, combining modern science with Ayurveda, sets them apart in the market. Laiqa’s commitment to empowering women aligns perfectly with our investment philosophy,” Gupta stated.

Looking Ahead

With this new influx of capital, Laiqa Wellness plans to accelerate the development of its tech-based solutions, further enhancing its AI-driven platform to offer even more personalized and effective care. The startup is poised to expand its reach and impact, helping more women navigate the complexities of hormonal health with confidence and ease.

Laiqa Wellness’s journey is just beginning, and with the backing of IvyCap Ventures, the future looks promising for this innovative startup. As they continue to push the boundaries of femtech, Laiqa is set to make a lasting difference in women’s lives across the country.