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Serial entrepreneur Sumeet Kapur launches next venture; secures seed funding from Inflection Point Ventures

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Serial entrepreneur Sumeet Kapur launches next venture; secures seed funding from Inflection Point Ventures

CEOInsights Team, Press Release

Nearbuy.com founder Sumeet Kapur announces his next venture - Wellcure. Wellcure, a health tech platform aiming to democratize natural healing, hasraised $200,000 from Inflection Point Ventures (IPV). The company founded by Sumeet Kapur, Ankur Bhatia and AanchalKapur aims to revolutionize the future of healthtech in India. Wellcure is based on the premise that health is simple, the human body has holistic healing capacity and we just need to facilitate this natural process.

Wellcure, one of India’s fastest growing natural health communities, caters to all health and wellness needs - physical and mental, with an existing user base of close to a lakh, it aspires to reach 1 million people by the next year. With its ability to specifically cater to the needs of the customers by offering curated content along with the practical feasibility of offering recipes, e-books, online guided programs, live events etc, WellCure has been able to position itself as a market leader in the growing industry of health-tech.

Sumeet Kapur, CEO & Co-Founder, WellCure, says, “With this influx, we aim to scale our operations substantially to reach INR 5 Crore of sales in FY21 whilst doubling our subscribers base. We have been working closely with Vinay Bansal, Founder and CEO of IPV, and look forward to growing Wellcure with this association.”

Nature cure believes that lifestyle diseases, chronic illnesses, and seasonal infections are signs of acid-alkaline imbalance, increased toxins and lack of repair in the body. These causes can be removed using natural foods, nature’s elements and optimum physical activity. Highlighting the perception about diseases and the body's functioning.

Vinay Bansal, Co-founder, Inflection Point Venture- “We believe the integration between nature and technology is Wellcure’s biggest selling point, presenting its users with the most appropriate solutions. WellCure’s business vision is in line with this macro trend in the health tech sector that we have seen unfolding in India in the past few years. This prompted us to back WellCure as we believe that it could redefine the way people look at health & wellness.”

Wellcure marks 10th investment from IPV’s platform since Mar 2020.

After the global health crisis, health & wellness has gained center-stage. Boosting immunity, maintaining a healthy body, eating right, and keeping a positive mental outlook now have immense relevance in people’s lives. Nature cure provides a credible solution to this existential crisis.
Source : Press Release