Ending Soon! Save 33% on All Access

HealthTech Startup Peping Raises $400,000 Funding The newly acquired capital will be allocated to various critical areas of the company's growth

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

Bangalore based startup Peping, a digital healthcare clinic platform focussing on Gut health has announced that it has secured its latest investment round of $400,000 led by Better Capital as the lead investor and other angel investors who have joined the funding round include Kunal Shah, Sandeep Kumar Dinodiya, Ganesh Balakrishnan, and Shubham Mishra. The newly acquired capital will be allocated to various critical areas of the company's growth.

According to an official release, a significant portion of the fund raised will be dedicated to advancing the product and technology infrastructure. Additionally, it will also work towards building a team with deep industry knowledge, and allocate resources for creative experiments and expanding our acquisition channels.

"At Peping, we recognize that managing digestive health concerns can be a challenging and burdensome experience. That's why our mission is to simplify and alleviate this process for you. Through our personalised approach, a dedicated team of healthcare experts, and state-of-the-art technology platform, we are committed to delivering the utmost quality of care for gastrointestinal (GI) issues, making your journey towards better digestive health as smooth and stress-free as possible," said Chirag Maheshwari, co-founder, Peping.

Founded in 2022 by Chirag Maheshwari and Prateek Maheshwari, Peping is building a digital clinic that delivers solutions for managing dietary and lifestyle factors that contribute to conditions such as IBS, GERD, Gastric, Gastritis and Fatty liver. The company aims to transform the delivery of this crucial aspect of treatment by implementing personalised and tailored care plans that examine various aspects, including lifestyle and test results, to diagnose and target the underlying causes of health problems.

"Gut health is one of the most widespread health issues in India and it requires a team with an undivided focus on creating a truly full stack solution. Chirag and Prateek came to the same conclusion through their own experience with close family members. We are glad to be founding stage partners in their journey of building Peping into a premier gut care brand over the next decade", said Vaibhav Domkundwar, Better Capital.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Side Hustle

The Side Hustle He Started at Age 15 Led to a $4 Billion Boon for Small Businesses: 'They Would Take a Chance on Me With Their Hard-Earned Money'

Nic Beique asked his local barber, gym and more if they'd like him to build a website for their businesses.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Now that OpenAI's Superalignment Team Has Been Disbanded, Who's Preventing AI from Going Rogue?

We spoke to an AI expert who says safety and innovation are not separate things that must be balanced; they go hand in hand.

Starting a Business

I Wish I Knew These Four Things Before Starting My Own Business

Starting a business is hard work to say the least. These are four lessons I wish someone had shared with me before going solo, so I'm here to share them with you.

Employee Experience & Recruiting

Beyond the Great Resignation — How to Attract Freelancers and Independent Talent Back to Traditional Work

Discussing the recent workplace exit of employees in search of more meaningful work and ways companies can attract that talent back.

Franchise

What Franchising Can Teach The NFL About The Impact of Private Equity

The NFL is smart to take a thoughtful approach before approving institutional capital's investment in teams.