PE-VC Fund Investments

Weight loss enabler Elevate Now raises Rs.18-Cr led by Physis Capital

Economic Times  

Delhi-based weight loss platform Elevate Now has raised INR 18 crore in seed funding led by Physis Capital. The round also saw participation from Inflection Point Ventures (IPV), Titan Capital, W Health Ventures, Narayana Health, and Swiggy co-founder Sriharsha Majety.Founded in 2022 by Suryansh Kumar and Rahul Maroli, Elevate Now claims to provide doctor-led programs to treat obesity through personalised treatments under medical supervision.The new funds will be used to strengthen its technology platform, expand proprietary clinical research, develop medicinal and nutritional supplements, and build personalisation systems.

In Jan 2023, Elevate Now had attracted about USD 0.25 M from W Health Ventures.

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