Elda Health, Advantage Club, Sporjo, Wellcurve raise capital
Summary
Women’s healthcare platform Elda Health has raised $1.5 million in a seed round of funding from Avaana Capital, Orios Ventures and the family office of Ananth Narayanan, the founder of Mensa Brands. Gurugram-based HR technology startup Advantage Club has raised $1.7 million led by Y-combinator, Broom Ventures, Liquid.vc and the founder of Cred, Kunal Shah. The company provides employee engagement and financial wellness solutions and plans to use the funds to expand its international business. “We are gearing to take our platform to an unexplored new customer base internationally, especially in SEA, MENA and North America markets,” Sourabh Deorah, CEO of Advantage Club, said. “For a market estimated at Rs 100 billion, Sports India contributes 0.1 percent to the GDP as compared to the global average of 0.5%.