NirogStreet bags $4 million in funding

NirogStreet has raised $4 million in a round led by CE-Ventures, the corporate venture capital platform of Crescent Enterprises and ICMG. The startup aims to use the funds to grow its presence and to innovate service and product offerings for Ayurveda doctors, and to scale-up and strengthen its operations.

The platform claims to offer its services to over 50,000 doctors on its peer-to-peer learning, electronic health record and B2B e-commerce platform. It also enables ayurvedic doctors to consult patients across the world via tele-Ayurveda.

Founder Ram N Kumar said, “We are preparing ourselves to become the world’s fastest-growing Healthcare company. With such visionary investors on board, we are fast moving towards our goal of transforming the global health care landscape by making Ayurveda doctors and other traditional medicine practitioners a part of the mainstream health care system.”

The round also saw participation from Gokul Rajaram, board member at Coinbase and Pinterest; Wavemaker partners; Anuj Srivastava, founder at Livspace; Rajeev Kannan, management executive officer at Sumitomo, Singapore; Suresh Vasudevan, CEO of Sysdig USA; Ramakant Sharma, cofounder of Livspace, Andy Hwang, ex -Google executive, Ashutosh Sinha, former CEO at Morgan Stanley, Dr. Kyohei Takano, a Tokyo-based gynecologist, Arup Dutta, VP of global quantitative equity at Mackenzine Investments, and Lalit Mittal, head, Livspace Interior Business.