Hempstreet Medicare
GROUND FLOOR, PLOT NO-90, NEW MANGALPURI, NEAR METRO PILLER NO-51, New Delhi, Delhi, 110030, India
Overview
HempStreet develops ayurvedic, cannabis-based medicinal formulations targeting chronic pain, menstrual health and related conditions. The company says its products have shown high efficacy for dysmenorrhea and also address anxiety, hypertension, sexual health and digestive disorders. It collaborates with more than 20,000 doctors across India and has partnerships with MGC Pharma (UK), Gynica (Israel), Amrita School of Ayurveda (India), UIDI (Brazil) and Cannabis 360 (Brazil). Founded in 2019, HempStreet plans to increase involvement in clinical trials for its proprietary formulations and to establish a presence in the menstrual cramp and pain treatment markets. The new funding will also support R&D for the next generation of ayurvedic products. Financially, the company has now raised $1M in this pre-Series A and has received $3M in total funding to date.
- Total raised
- $1M
- Funding rounds
- 1
- Latest round
- Series A
- Latest activity
- Dec 2023
Industries
- Alternative Medicine
- Cannabis
Recent funding
Series A
Dec 2023
$1M