Funding
Former Ola exec Pranay Jivrajka’s sexual wellness startup Allo raises Rs 16 crore from Zerodha’s Rainmatter, others
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Sexual wellness startup Allo Health, which is backed by Flipkart founder Binny Bansal, has raised Rs 16 crore in a funding round led by financial services company Zerodha’s venture investment arm, Rainmatter. The round also saw participation by existing investors.
The funds will be used to expand Allo Health’s clinic network, strengthen technological capabilities, and enhance patient engagement.
The startup was founded by Pranay Jivrajka, who was Ola’s first employee and a founding partner at the ride-hailing company. Jivrajka also previously…
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