Healthtech startup, Twin Health, Thursday said it has raised $140 million (roughly ₹1000 crore) in Series C funding from Sequoia Capital India, ICONIQ Capital, Perceptive Advisors, Corner Ventures, LTS Investments, Helena and Sofina.
The startup will use the funds to expand its presence across India and US markets.
The three-year-old startup’s flagship offering, Whole Body Digital Twin helps reverse and prevent chronic metabolic diseases, while improving energy and physical health.
The Whole Body Digital Twin offering provides guidance for nutrition, sleep, activity and meditative breathing to patients and their doctors to safely reverse and prevent a variety of chronic metabolic diseases, the company said.
“We are each gifted a body. If given a chance, it can heal itself. Our Whole Body Digital Twin lives alongside you – giving you a simple, clear view into your beautifully complex biology, continuously learning about your metabolism and telling you what you can do to improve your health in the moment,” said Jahangir Mohammed, founder and chief executive officer of Twin Health.
The startup’s solution is also being leveraged to prevent the major effects of chronic metabolic diseases like type 2 diabetes.
India has over 70 million people suffering from Type 2 Diabetes, the second highest in the world. By 2045, this is expected to grow to 134 million people, according to health estimates.
“Many years at Sequoia India have taught me that real change and real value is created by partnering with missionary founders who want to solve hard problems to make the world a better place. Twin Health is building a breakthrough solution to transform healthcare. Jahangir’s bold vision to reverse chronic metabolic diseases in a personalised way will pioneer a new wave of health tech innovations for India and the world.” said Mohit Bhatnagar, managing director, Sequoia India.
Source: Mint