Written by : Nikita Saha
September 27, 2023
The health-tech platform will utilise the funds to further enhance the AI motion coach, making it available in local languages. This move will further enable the startup to expand its reach in the MENA and North American regions.
FlexifyMe, a health-tech platform dedicated to chronic pain management, has secured $1 million in funding led by Flipkart Ventures, Flipkart's investing arm.
The health-tech platform will utilise the funds to further enhance the AI motion coach, making it available in local languages. This move will further enable the startup to expand its reach in the MENA and North American regions.
Notably, this funding round is expected to significantly add to the startup's growth, as it has witnessed nearly 5x growth in the last 12 months.
GSF, iHub Anubhuti, Chandigarh Angels (CAN), Venture Catalyst, and OneCapital among other prominent angels were also part of the funding round.
In addition to seed fund investors, FlexifyMe continues to receive support from its existing backers including Ravi Bhushan, founder, BrightChamps, & Amit Ratanpal, founder BlincInvest, among others.
With this funding, FlexifyMe is gearing up for expansion and enhancements, by integrating technology and healthcare making its advanced services accessible worldwide.
Founded in Oct 2021, FlexifyMe aims to transform traditional physiotherapy by leveraging the power of AI motion tracking to transform traditional physiotherapy for musculoskeletal disorders (MSK) like back pain, spondylitis, arthritis, and knee pain.
Furthermore, the healthcare platform offers AI motion tracking with the latest advancements in physiotherapy and Yoga. All programs are done under the supervision of expert doctors and therapists.
Moreover, the startup offers a free assessment of physical posture, generating a unique report detailing postural issues and a plan for improvement. It further provides real-time monitoring and customised exercises to keep patients engaged and motivated throughout their wellness journey.
Their mission is to empower patients and healthcare providers with innovative digital solutions, providing real-time guidance and support for improved well-being.
Currently, the startup is pursuing FDA approval to further enhance its credibility within the medical field. Going forward, it aims to forge strategic partnerships with insurance companies, hospitals, and multinational corporations (MNCs).
The College of Healthcare Information Management Executives (CHIME) is an executive organization dedicated to serving senior digital health leaders. CHIME includes more than 5,000 members in 56 countries and two US territories and partners with over 150 healthcare IT businesses and professional services firms. CHIME enables its members and business partners to collaborate, exchange ideas, develop professionally and advocate the effective use of information management to improve the health and care throughout the communities they serve. CHIME's members are chief information officers (CIOs), chief medical information officers (CMIOs), chief nursing information officers (CNIOs), chief innovation officers (CIOs), chief digital officers (CDOs), and other senior healthcare leaders. The CHIME India Chapter became the first international chapter outside North America in 2016 and is now a community of over 70+ members in India. For more information, please visit www.chimecentral.org