Allo Health raises ₹16 Crore From Zerodha’s Rainmatter, Others

New Delhi, Mar 12 (PTI): Sexual health and wellness startup Allo Health has raised ₹16 crore in a pre-series A round led by Zerodha’s Rainmatter, with participation from existing investors.

The funds will be used to accelerate clinic expansion, AI-driven treatment protocols, and patient-first healthcare innovations, a company statement said.

The Bengaluru-based firm has over 35 clinics across major cities like Bengaluru, Mumbai, Pune, Hyderabad, Chennai, Mysore, and Ranchi.

“Allo will deepen its focus and invest in diagnostics, digital therapy, and private label solutions, strengthening its sexual healthcare ecosystem and driving better patient outcomes.

“Leveraging its existing capabilities, Allo is also planning to expand into mental health as a potential category, replicating its structured, expert-led model to build a comprehensive healthcare ecosystem–just as it has done with sexual health,” the statement said.

Prior to this round, Allo secured USD 4.4 million in 2022 in seed funding from Nexus Venture Partners, Flipkart fame Binny Bansal, Zomato’s Deepinder Goyal, and others.