Healthtech Startup K&L Wellness Raises $4.03 Mn of Seed Funding
Summary
It will use the freshly raised capital to launch and scale its healthtech platform Healthtech startup K&L Wellness Technology has raised a seed round of INR 30 Cr ($4.03 Mn) from angel investors Vimal Kedia and Surendra Kedia of Manjushree Ventures and Narendra Firodia of Sohamm Group. Founded in 2020 by Karan Talreja and Luke Coutinho, K&L Wellness provides yoga and meditation-based therapeutic solutions for those suffering from lifestyle diseases. The startup will use the freshly raised capital to launch and scale its healthtech platform that blends ancient therapeutic research with cutting-edge technology. We see value and potential in traditional therapeutic methods like yoga and meditation as a means for healthcare in future,” said Vimal Kedia, managing director, Manjushree Ventures. When retreated, clothing, mats, blocks and other accessories are accounted for, the global yoga market is worth well over $130 Bn.