MyDermacy Raises Funding from Chinese Venture Capital Firm Cyber Carrier

MyDermacy Raises Funding

13 March 2017, India:

Delhi-based online health and wellness startup MyDermacy has received an undisclosed amount of funding in a pre-series-A round from India-focused Chinese venture capital firm Cyber Carrier.

Existing investors in MyDermacy also participated in this round. As part of this transaction, the venture firm has acquired 15-18% equity in the startup as per the report by ET.

MyDermacy was created with sole intent of helping people find solutions that work for their skin and hair.

Ankit Khurana, Founder of MyDermacy said, “There is no transparency in the system and customers have limited access to knowledge on the protocols for individual procedures. And most focus only on results and the cost incurred on them.

MyDermacy is a completely neutral and unbiased platform that encourages users to engage amongst themselves, and with doctors. It’s free to engage within the community, simply because a real user’s experience is an important factor when you’re choosing the right skin or hair solution. The mission is to provide quality dermatology care, affordably and transparently, cannot be achieved without allowing people to share their real experiences.

Also read- 7 KEY LEARNINGS FOR ASPIRING ENTREPRENEURS

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