Healthify (previously HealthifyMe), a Bengaluru-based healthtech startup, closed its Pre-Series D funding with an additional $20 million, bringing the total to $45 million
The round was led by Khosla Ventures and LeapFrog Investments, with new investors including Claypond Capital, Ranjan Pai's family office
Healthify plans to use the new funding to expand globally, including entering the US market and developing AI capabilities
In June last year, startup raised $30 million, with $25 million in equity capital and $5 million in venture loans
The startup's total equity capital now stands at $125 million, following the latest round
Healthify, founded in 2012 by Tushar Vashisht, is a health and fitness app that uses AI and human coaches to provide personalized food and workout suggestions
It provides B2B corporate wellness solutions in collaboration with diagnostics, insurance, and pharmaceutical companies
The startup promises to serve over 40 million people in 300 cities, with over 600 instructors
Healthify reported operational profitability in India and plans to reach EBITDA-positive by the end of FY25
In FY23, Healthify's net loss was INR 142 Cr, down 10% from the previous year. Operating revenue increased by 23.49% to INR 228.76 crore from INR 185.25 crore in FY22