Virtual Homeopathy Clinic Welcome Cure raises $6M

It banks on a subscription-based revenue model.
 
BY  Disha Sharma
 
7th October 2015

Welcome Cure Pvt. Ltd, which runs an online healthcare platform providing consultation, diagnosis and treatment using homeopathy, has raised $6 million (Rs 39 crore) in its pre-Series A funding round, according to a press statement.

Although the names of the investors were not disclosed, media house Bennett, Coleman and Co. Ltd. (BCCL) is learnt to have committed $5 million in an ad-for-equity style transaction, a source told VCCircle.

Welcome Cure spokesperson declined to comment on the names of the investors while an email sent to Brand Capital, the private investment unit of BCCL went unanswered.