Exclusive: Disha (formerly Curelink) raises Series A led by General Catalyst
Disha (formerly Curelink), an AI-powered health coaching platform offering personalised diet, fitness and chronic-care support, has raised Rs 43.88 crore in a Series A round led by General Catalyst, with participation from existing investor Elevation Capital.The company had raised$3.5 million(about Rs 26 crore) in a seed round led by Elevation Capital and Venture Highway.According to its regulatory filings accessed byEntrackr, Disha’s board has approved the issuance of 12,309 Series A CCPS at an issue price of Rs 35,643.64 per share to raise the aforementioned amount. General Catalyst led the round with an investment of Rs 38.20 crore, followed by Elevation Capital with Rs 5.20 crore and Flamel Performing Creatives Private Limited with Rs 48 lakh. As perEntrackr’sestimates, Disha’s post-money valuation increased 52% to around Rs 288 crore from Rs 190 crore in the previous round.The fresh capital will be used to meet working capital requirements, develop and enhance its AI models and technology platform, expand its business and operations, strengthen its capital base, and fund general corporate purposes, the filings indicate. Disha is an AI-powered health coaching platform by Curelink, offering personalised diet, fitness and chronic-care support across 15 conditions in Hindi, English and Hinglish, with 24×7 coaching. It claims 70 lakh sign-ups, 3 lakh active users and 1.4 crore messages. Following the latest allotment, Aman Singla and Divyansh Jain hold the largest stakes in Disha at 31.10% each. General Catalyst holds 13.33%, followed by Elevation Capital at 9.96% and the ESOP pool at 9.02%. Venture Highway owns 4.07%, while Flamel Performing Creatives holds 0.17%. Its angel investors Vijay Shekhar Sharma (Founder & CEO of Paytm), Ankush Sachdeva (Cofounder & CEO of ShareChat), and Digital Sparrow Capital each hold around 0.16% in the company. The company is yet to report its FY26 numbers. Disha’s revenue doubled to Rs 4.91 crore in FY25 from Rs 2.47 crore in FY24, while its loss narrowed 22.5% to Rs 4.45 crore from Rs 5.74 crore during the same period. Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.
Original source: Entrackr