One of the world’s largest health care technology companies focused on alternate medicine, will use the investment for expansion and marketing plans
Mumbai, 06th October 2015: Welcome Cure, one of the first and only global and innovative health care technology platform focused on alternate medicine, has raised USD 6mn in pre-series A funding from a pool of investors. The company has raised USD 1mn from few high net-worth individuals and USD 5mn from one of India’s largest media house. The amount will be invested in the health care portal’s on-going expansion and marketing strategies.
Welcome Cure is a one-stop destination that offers quality homeopathic treatment to people globally, regardless of language, location and time barriers.
It has been co-founded by Dr. Jawahar J. Shah and Punit Desai. Dr. Shah is an award-winning homeopathic practitioner, technocrat, educationalist and academician with over 39 years of experience in the field of homeopathy, while Punit is a successful entrepreneur with vast experience, investments and capabilities in solar power, e-commerce & home shopping, films, media and entertainment sectors.
Welcome Cure is a virtual clinic offering modern facilities of online consultation via video chat, live chat, Skype, telephonic and email interactions with expert physicians worldwide, at consumer convenience. Users can avail digital health consultation with the door step delivery of medicines. In addition to this, case histories and medical reports are also digitized with free storage for lifetime. Periodic reminders and trackers, amazing facts, health tips and diet plans further form a part of the unique features of the health care portal.
Welcome Cure boasts of a network of over 100 world class renowned doctors registered from across the globe, providing unlimited treatment for over 100 diseases under one digital roof. The site also offers pocket-friendly health packages varying from three months to two years for their users, making it an end to end online homeopathy platform through the web portal and mobile application.
Speaking on the recent development,Dr. Jawahar Shah, Founder and Chairman, Welcome Cure said, “Welcome Cure was established with the aim to provide convenient, quality and result-oriented homeopathic treatment to individuals all over the world. We believe that good health cannot be achieved just by medicines, thus Welcome Cure brings together a diverse team of experts and homeopathic physicians to address all health related issues. We plan to change the face of health in the future.”
Speaking on the same, Punit Desai, Co-Founder and CEO, Welcome Cure said, “In a short span of time, we have received an overwhelming response from our users. With a high renewal rate of close to 69%; we have proven that our patients love our service and have got wonderful results for their health concerns from our panel doctors. We get consumer traction from various regions globally. We have developed the entire technology in-house over a period of 24 months through the expertise of our health care technology product – Hompath which has been in business for the last two and a half decades and has been used by over 35,000 homeopaths in over 89 countries.”
Welcome Cure was launched in late 2014 after a year of extensive research, development and execution. The company follows processes that adhere to the global standards of HIPAA and HL7 security and strict international norms while managing patients.