Healthtech startup Butterfly Learnings has raised $1.5 million in its seed round from Insitor Partners, 9Unicorns, Venture Catalysts, Fondation Botnar and UTIL Stiftung, and CIIE.CO.
The company will use the funds to build and ramp up the digital product and expand its physical footprint across India, it said in a press release.
Founded in 2021 by Sonam Kothari and Abhishek Sen, Butterfly Learnings is a full stack omnichannel pediatric development and behavior health platform that uses techniques such as applied behavioral analysis (ABA), speech therapy and occupational therapy via an integrated in-person and digital platform.
Butterfly Learnings currently has four physical centers across Mumbai and Thane. The firm is planning to scale its services across the country and deliver improved clinical outcomes to more than 2,000 children and families in 2022.
In pediatric behavioural healthcare space, Butterfly Learning competes with Daffodil Health, Mom’s Belief and Kinderpass.
Also read: Daffodil Health helps guide parents through their neurodiverse child’s world
The huge crisis due to the Covid-19 pandemic was not only unprecedented but also put immense pressure on the vulnerabilities and inherent gaps within the Indian healthcare ecosystem. According to Fintrackr’s data, 28 investment firms (including VC, PE and debt) have announced that they will focus on healthtech startups from their new fund.
Source @Entrackr
