Women social media network platform, Healofy, on Wednesday revealed it has actually raised a concealed quantity from Japanese financial investment company M&S Partners.

Prior to this, the Bengaluru-based start-up had actually raised $9.5 million from Omidyar Network India, BabyTree Group, BAce Capital (a fund backed by Alibaba &#x 2019; s Ant Financial Services Group), and other angel financiers, around March this year. &#xA 0;


The Healofy group

Started as a pregnancy and parenting neighborhood in September 2016, by Gaurav Aggarwal and Shubham Maheshwari, Healofy looks for to empower ladies by allowing them to take in relatable info, develop material, and display their abilities.

This peer-to-peer platform likewise makes it possible for females to link and affect other similar ladies based upon comparable language, place, life-stage, along with interests such as style, food, physical fitness, way of life, finding out various ability, and making from house.

&#x 201C; The social effect Healofy is having is tremendous and has actually resonated highly with their users. Led by the enthusiastic creators, Gaurav and Shubham, our company believe that this outstanding group can interfering with the online habits of the next 100 Million Indian females, and we are thrilled to be part of this journey with them. &#x 201D; stated Hiro Mashita, Director, M&S Partners.

The app declares to be experiencing over 500,000 Daily Active Users( DAUs )and one million Monthly Active Users( MAUs) on their Android app.&The platform likewise declares to witness more than 1.5 million regular monthly web check outs.

This follows Google had actually eliminated the Healofy app from its Play Store, for breaking designer policy, in May. Facebook had actually prohibited Healofy &#x 2019; s English page on its platform. &#xA 0;

&#x 201C; It has actually been an amazing journey for us over the last 3 years, affecting the lives of countless ladies. At Healofy, we are devoted to offering a safe and empowering online environment for females in the nation. We are thrilled to invite M&S Partners to be part of the journey,” stated Gaurav Aggarwal, CEO and Co-Founder of Healofy.

The business likewise declares to be engaging with Indian females throughout Tier II, III and IV cities through material in their native language. The platform supports 9 languages consisting of English, Hindi, Marathi, Gujarati, Bengali, Tamil, Telugu, Kannada and Malayalam.

Further on, Healofy pictures to assist ladies obtain monetary self-reliance by assisting them make from house by means of network ecommerce.

( Edited by Rekha Balakrishnan)

Also ReadHealofy raises $8 M financing from BabyTree Group, BAce Capital, and Omidyar NetworkIndia


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