New Delhi, NFAPost: Dr Mantra, a fast growing D2C brand revolutionizing the ayurvedic wellness industry for Indian consumers, has raised a bridge round from Deep Bajaj and Mohit Bajaj, founders of leading FemTech Brand, Sirona.
The brand intends to utilise the funds for business growth, aiming to double its operations before pursuing a series A funding round. Currently, they are in discussions with a few funds for this purpose.
Started in 2021 by Takki Zain and Shivansh Jain, Dr Mantra was established to tackle various health concerns, with particular expertise in addressing kidney Stones. They are on a mission to, revitalise the 5000-year-old Ayurvedic heritage but with a twist, their plan is to harmonise ancient Ayurvedic wisdom with contemporary medical approaches which makes their products and solutions really effective!
The brand is best known for treating kidney stone patients using a modern Ayurvedic approach and has impacted over 20K+ lives in the last 2.5 years. They have achieved remarkable revenue growth in the last 6 months, tripling revenues while maintaining positive unit economics at Rs 60 Lakhs MRR. Dr Mantra previously raised 1.25 crore From 100X.vc’s Sanjay Mehta & team.
Speaking on the fresh round, Dr Mantra Cofounder Takki Zain said he is absolutely delighted to have Deep and Mohit on board with the company.
“Their invaluable support serves as a great source of motivation for us to continue our work in the industry. At Dr Mantra, we take pride in being part of a purpose-driven brand that not only speaks its values but also lives them every day. Thanks to our dedicated team without whom this wouldn’t have been possible,” said Dr Mantra Cofounder Takki Zain.
Speaking on his investment in Dr Mantra, Sirona Cofounder and CEO Deep Bajaj said the unwavering determination of the founders to build a profitable venture truly impressed them.
“Such companies, where founders are focused on growing the company on customer love and trust, have the potential for immense success. Any team working with the right values is destined for greatness,” said Sirona Cofounder and CEO Deep Bajaj.
Dr Mantra’s unique proposition isn’t confined to just product offerings; it extends to a holistic service approach. This encompasses personalized guidance from doctors, tailored diet charts, and continuous support, thus ensuring a comprehensive healthcare experience for all its patrons.
With a team of over 50 dedicated professionals. Dr Mantra is on a mission to transform the perception of treating lifestyle diseases effectively, free from side effects. Thanks to this latest round of funding and an unwavering focus on excellence, Dr Mantra is poised to assert its dominance in the Ayurvedic wellness and alternative medicine industry.
