Women-focused wellness startup Newmi Care bags $1.5 M from Sprout Venture Partners, others
Gurugram-based women-focused wellness startup Newmi Care has raised USD 1.5 million (about INR 12.6 crore) in a seed funding round led by Sprout Venture Partners. The round also saw participation from a family office, LetsVenture, Sarcha Advisors, Key Ventures Forum and a host of angel investors.Founded in May 2022 by Sanchit Agarwal and Aditi Mittal, Newmi Care provides medical care options for women, besides selling wellness products like PCOS tea, supplements, menstrual cups, and maternity clothing.The company plans to use the fresh capital to build clinics in northern and western India, while also investing in technology, product innovation and team expansion.
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