Japan’s Spiral Ventures invests in Ayurveda Platform NirogStreet

Technology-enabled Ayurveda platform, NirogStreet has raised USD 300k from the Japanese venture fund Spiral Ventures, Subho Ray (President, IAMAI) and Samir Kumar (Director of Derivatives at Deutsche Bank, Singapore).

The Gurugram-based startup plans to deploy these funds for the technological advancement of its platform as well as spreading awareness and visibility about Ayurveda.

“We look forward to a constructive development in this field. NirogStreet can play an important role for all stakeholders of the Ayurveda industry as well as healthcare,” said spokesperson from the Japanese venture fund Spiral Ventures.

Founded in 2016 by Ram N Kumar, Aradhna Rai and Shrey Jain, NirogStreet is a platform that helps people find a genuine Ayurvedic doctor near them. The company is also collaborating with experts, practitioners, and organisations to conduct Continuing Medical Education and discussion sessions. It has developed a ‘NirogStreet for Ayurveda Doctors’ app for making appointments with doctors. The app also aims to build an interactive and information-sharing platform for practitioners, academicians, and students.

The company has been working closely with Ayurveda institutions and researchers to advance Ayurvedic research and collaboration with modern medical technologies, to make this ancient medical science more result-oriented and trusted.

“We are working to provide high-quality medicine at right margin to the doctors at the doorstep. Our constant is trying to create a win-win scenario for every Ayurveda doctor as we help advance this great medical system at a global scale,” said Ram N Kumar, founder and CEO, NirogStreet.

NirogStreet is the most recognizable online brand in Ayurveda with over 15,000 doctors engaged on its platform so far, allows sharing of expertise and opinion on treatments in real-time through its mobile app. The company is looking to raise pre-series A funding by sometime in October this year.

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