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Home > Startups > Funding > India IVF raises $1.25 million in pre-Series A funding from Tomorrow Capital

India IVF raises $1.25 million in pre-Series A funding from Tomorrow Capital

Founded in 2014 by Dr Richika Sahay and Dr Somendra Shukla, India IVF offers 360-degree fertility care through advanced technology and a dedicated team of experts.

Abhinav Kumar Singh
Last updated: November 10, 2024 3:34 PM
By Abhinav Kumar Singh
India IVF raises $1.25 million in pre-Series A funding from Tomorrow Capital
India IVF raises $1.25 million in pre-Series A funding from Tomorrow Capital
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India IVF, a fertility provider has raised $1.25 million in its pre-Series A funding from Tomorrow Capital, an early-stage venture capital fund.

The funding raised will be used to expand its presence across North India, this is the first India IVF’s external funding since its inception following a decade of profitable operations across its five North Indian centers, which include clinics in Delhi NCR and Srinagar.

Founded in 2014 by Dr Richika Sahay and Dr Somendra Shukla, India IVF has established India’s first tech-enabled fertility platform, offering comprehensive, 360-degree fertility care through advanced technology and a dedicated team of experts.

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Tomorrow Capital is a $100 million venture capital fund dedicated to supporting early-stage, transformative consumer healthcare businesses. Tomorrow Capital’s investment follows its recent support of VitusCare and IndiShreshtha.

Rahul Saha, Senior Principal, Tomorrow Capital said, “India IVF has shown remarkable growth and a deep understanding of the unique fertility challenges faced by many Indian couples. With a tech-enabled, patient-focused approach, they deliver high-quality personalizsed care, addressing the often-emotional and stigma-attached journey of fertility treatment. Tomorrow Capital backs ventures that drive meaningful impact, and with India IVF, we’re proud to enable access to essential fertility care across underserved regions in India. We believe their innovative approach will set new standards in India’s fertility sector, and we are excited to support their mission to make fertility care more accessible across the country.”

Dr Somendra Shukla, Co-Founder and CEO, India IVF, commented, “This partnership will empower us to expand our network and bring advanced fertility solutions to more communities. We look forward to making a positive impact on more families and growing India IVF into a trusted national brand.”

Dr Richika Sahay, Co-Founder and Medical Director, added, “Approximately 30 million couples in India suffer from infertility, yet only 10 per cent receive proper treatment due to limited access to fertility care. Our mission is to leverage technology and innovation to deliver quality, affordable, and empathetic fertility care to everyone. With Tomorrow Capital’s support, we are well-positioned to expand access to fertility care across North India.”

TAGGED:India IVFTomorrow Capital

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