Udtara Ventures
Vasant Vihar, New Delhi, Delhi, India
Overview
Udtara Ventures is investing in resolute entrepreneurs at an early stage to build sustainable tech businesses.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 1
Investment portfolio
- Glamyo Health
Participated · Series A · Sep 2021
Glamyo Health operates an asset-light platform focused on elective surgeries, using technology to deliver personalized patient care. The company was started at the end of 2019 and is headquartered in Chennai. It currently has presence in 10 cities, including Mumbai, Bengaluru, Hyderabad, Pune and Tier‑2 cities such as Indore, Bhubaneswar, Chandigarh and Patna, and plans to scale to 20+ cities. Management reports strong operational growth: a 300% surge in business over the last three quarters, a 3x increase in number of cities in the past three months, and a monthly CAGR of ~35% over the last 18 months. Investors and company comments also cite 40%+ month-on-month growth. Total capital raised to date is $3.5 million, including the most recent round. Glamyo Health operates a hybrid surgical-care platform that provides laser treatments across orthopedics, proctology, urology and laparoscopic cases. The company says it operates across more than 10 surgical categories and offers over 50 individual treatments. It combines its own clinics with third‑party hospital infrastructure to facilitate surgeries. Glamyo has a presence in more than 10 cities and plans to scale to over 20 cities by the end of FY23. Co‑founded by Archit Garg and Preet Pal Thakur, the three‑year‑old, Delhi‑based company positions itself against competitors such as Pristyn Care. The company intends to use fresh funds to generate long‑term resources for implementing its growth plans.
- The Healthy Company
Participated · Equity · Aug 2020
The Healthy Company sells superfoods and other fitness products, including immunity-boosting and weight-loss items. The startup says it leverages technology and bioscience to make health and fitness accessible. It was founded in 2018 by Ackshay Jain and Devansh Jain Nawal and is run by Alnourish Healthy Foods Pvt Ltd. The company has been backed by Huddle, a sector-agnostic incubator. Venture Catalysts noted growing demand for natural superfoods and weight-loss products, a market the company says it is tapping into. Financially, the company has raised $350,000 in the current round.
Team
Rajiv Chaurasia
Co-Founder and Managing Partner