Allo Health, a sexual health startup backed by Flipkart co-founder Binny Bansal, has raised ₹16 crore in a pre-Series A funding round led by Zerodha’s investment arm, Rainmatter. Existing investors also participated in the round. The company plans to use the fresh funds to scale up its physical clinics, develop AI-driven treatment protocols, and enhance patient engagement across India.
Blending Tech with Healthcare
Founded by Pranay Jivrajka, Ola’s first employee, Allo Health takes a hybrid approach to sexual wellness, combining brick-and-mortar clinics with digital tools. The company has built a proprietary doctor training program and uses research-backed treatments to improve patient care. Additionally, Allo is investing in diagnostics, digital therapy, and private-label solutions to further expand its offerings.
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Clinic Network and Patient Success
Since its launch, Allo Health has treated over 2 lakh patients nationwide, reporting an 85% improvement in patient outcomes. The startup has established more than 35 clinics in cities including Bengaluru, Mumbai, Pune, Hyderabad, Chennai, Mysuru, and Ranchi. With the latest round of funding, it aims to strengthen its footprint in these regions while expanding to new locations.
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Future Growth Plans
Allo isn’t stopping at sexual health—it plans to enter the mental health space, using a structured model similar to its existing services. Before this funding round, the startup raised $4.4 million in seed capital from Nexus Venture Partners, Binny Bansal, Zomato’s Deepinder Goyal, and other prominent investors. With a growing focus on AI-powered healthcare and a strong clinical presence, Allo Health is positioning itself as a major player in India’s evolving health-tech landscape.
