Modasta, a Bangalore-based health content and queries platform, has announced that it has raised $1.5 million from Mauritius-based high net worth individuals.
The newly infused funding will be used by the company to further grow its business, upgrade technology, talent acquisition and marketing outreach activities.
Bikram Barman, CEO of Modasta said,
We offer content across subjects like lifestyle diseases, mental health, women’s health, men’s health and pediatrics, among others, across languages.
Modasta was founded in 2015 by former Accenture and Yahoo executive Bikram Barman and his wife Dr Geethanjali Barman, along with IIM alumnus Pankaj Pandey.
It covers a range of health-related content, curated by Indian doctors, across five regional languages, along with English – Hindi, Telugu, Tamil, Kannada and Malayalam. It caters to the audience through articles and videos.
Its mission is to use digital platform to provide value to consumers, enrich the user experience and thus transform healthcare digitally. It also has health forums to exchange knowledge and experiences.
The company is now looking to expand its range of offerings to include tele-health, comprising of online doctor consultation services. It also has a medical and technology team of 50 employees.
It has a team of passionate and enthusiastic people in the digital and healthcare industry, who came together to provide access to quality health information, even in the most remote regions of our country.
Commenting about this development, a spokesperson of JP Ventures, who invested in this round, said,
The need for trusted and credible healthcare content in India is long overdue and we believe that the Modasta platform will provide a unique experience for health seekers in India.