Praan Health raises ₹8.5 crore to revolutionize chronic care for India’s aging parents
Praan Health, a pioneering chronic care platform for parents aged 50 and above, has secured Rs 8.5 crore in a seed funding round. The startup aims to tackle chronic lifestyle-related conditions among India's aging population, with over 90% of Indians over 60 living with such conditions.
Founded in 2024 by Navneeth Ramprasad, a former product leader at Netflix and Meta, Praan Health has launched a mobile app to manage parents' health journeys. The app includes features like blood test uploads, risk scores, progress updates, and doctor consultations. The startup plans to build unique health centres in key regions such as Bengaluru, Hyderabad, Mumbai, and Delhi-NCR to strengthen its service delivery.
The funding round was led by Rainmatter Investments, with participation from WEH Ventures and angel investors including Alakh Pandey, Prateek Maheshwari, and Arjun Vaidya. Nithin Kamath, CEO of Rainmatter & Zerodha, expressed excitement about supporting Praan's chronic care solutions for the elderly. Rohit Krishna, Partner at WEH Ventures, praised Praan's approach to preventive and chronic care for the aging population. Praan Health provides a lifestyle-first, science-backed system to help parents regain strength, mobility, and control over their health.
Praan Health will use the funding to strengthen its product and technology capabilities, expand its clinical and coaching teams, and further expand service delivery across India. The startup's innovative approach to chronic care for the elderly has garnered support from prominent investors, positioning it well to make a significant impact on India's aging population.
