Breathe Well-being raises Rs 50 Cr in Pre-series B round

The company will use the funds to strengthen its coaching academy, expand the core team, and scale up the technology platform to enhance customer experience Gurgaon based Breathe Well-being has raised Rs 50 crores in a Pre-Series B round co-led by 3One4 Capital, Accel and General Catalyst. The round also saw participation from FounderBank Capital and Supermorpheus. The company will use the funds to strengthen its coaching academy, expand the core team, and scale up the technology platform to enhance customer experience. Rohan Verma, Co-founder and CEO, Breathe Well-being says, “Our aim is a Diabetes Mukt Bharat (Diabetes Free India) to reverse diabetes for one million Indians by 2025 and we are well on track to achieve that goal. The referral is our strongest growth lever, especially in non-metros and more than half our customers come through word of mouth.” Radhika Ananth, Vice President, Accel, “We have been impressed by how quickly Breathe Well-being is becoming a household name for Type 2 Diabetes & Pre-Diabetes Reversal across Tier II and III cities of India. I realised the true value of what Rohan and Aditya are building at Breathe Well-being after seeing my mother go through the programme and reduce her HbA1c levels significantly. Hence Accel invested and we continue to back them in their vision of building a Diabetes Mukt Bharat.” Aditya Kaicker, Co-Founder and COO, Breathe Well-being says, “In our experience, game design and community-driven programmes deliver far superior health outcomes. We are seeing the highest level of efficacy and the magic happens when there’s strict adherence to the protocols. We have seen more than 90 per cent of participants were able to sustain their results beyond 24 months into the programme. This is a big indicator of how engaging our entire plan is and people’s active willingness to get off the diabetes medication.”