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GOQii Raises $50 Million In Series C Funding

GOQii Funding

GOQii Management Team Post Pandemic

GOQii raises $50 million Series C Funding from Sumeru Ventures, Modality and others for expansion across insurance, digital therapeutics and international markets

  • Funding raised across equity preference share, notes & debt
  • Funding to grow the insurance and digital therapeutics vertical in India
  • Funding to also expand in international markets

GOQii Inc announced its Series C funding round of $50 million led by Sumeru Ventures. GOQii is a smart tech-enabled healthcare platform that brings together the entire preventive healthcare ecosystem to its users. GOQii’s offerings include fitness trackers, app, coaching, a health store, insurance and many others. GOQii strongly believes that preventive healthcare is the only viable, long-term, mass-market solution, not only in India but around the world.

The company has raised funding across equity, preference shares, notes and debt. The equity round was led by Sumeru Ventures. Sumeru Ventures is a global fund with a focus on next generation technology areas.

Modality (Digality), an award winning provider of primary health care and community services across the UK, also participated. Other investors included 9 Unicorns, Venture Catalysts, funds advised by MegaDelta, Mitsui, The Times Group, Ascendo, Akbar Khan and Sanjay Narang. The venture debt funding was led by Blacksoil Capital and Trifecta Capital.

GOQii’s existing investors include Mitsui, funds advised by MegaDelta, DSG Consumer Partners, Galaxy Digital, Denlow Investment Trust, Edelweiss, Cheetah Mobile, GWC, Mr. Ratan Tata, Mr. Vijay Shekhar Sharma, Mr. Pravin Gandhi, Mr. Amit Singhal.

Vishal Gondal, Founder and CEO, said “We are delighted to onboard Sumeru Ventures and all other investors. GOQii has been a pioneer in the connected health ecosystem in India. We are strong believers in the positive impact preventive healthcare technology can create in the lives of millions of people in India and globally. This funding round would help GOQii not only strengthen its current offerings but also expand in insurance, digital therapeutics and international markets, where the foundation has already been built by us over the years.”

Saumen Chakraborty, Managing Director at Sumeru Venture, commented on the transaction “We are delighted to invest in GOQii and join this shared journey of positive impact making. Health is a fundamental need which can not be met with the traditional curative infrastructure alone. GOQii has been a significant contributor to the preventive healthcare ecosystem in India. We are confident that this funding round would help GOQii scale it to further heights.”

GOQii recently also made senior level additions to its team. Last year it hired Rohit Pareek, a senior investment banker, as CFO and Head Corporate Development. Rohit has previously worked with Jefferies, JM Financial and The Times Group.

GOQii has been at the forefront of creating awareness about preventive healthcare in India. GOQii has been the first official partner of the Fit India Movement. GOQii’s solutions have benefited millions of customers to manage as well as avoid chronic health conditions by inculcating healthy lifestyle changes.

GOQii would use the funding to grow the insurance and digital therapeutics vertical in India. The solutions would be first of its kind offerings taking the benefits of digital health to a large section of the population. The insurance product would reward users for healthy behaviour by way of a health insurance. GOQii is also targeting several therapeutic areas across diabetes, women’s health, radiology, etc. through its digital therapeutics offerings.

GOQii is also set to launch its international offerings focusing on various solutions around preventive healthcare.

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Foods That Are Bad For Immunity According To Ayurveda

Bad For ImmunityWhile personal hygiene and social distancing measures are essential to stay safe, we can also turn to traditional Ayurvedic wisdom to raise immunity levels. As a holistic health system, Ayurveda has always regarded disease prevention as the key to maintaining health. Accordingly, a great amount of Ayurvedic literature focuses on diet, lifestyle, and home remedies to boost immunity. Since there’s already plenty of information on immunity boosting foods and remedies, we are going to put the spotlight on foods that are bad for immunity. 

8 Foods That Are Bad For Immunity 

  1. Fried Foods: We love our fried foods, from samosas to bhajias, but it’s time to make some sacrifices. Whether it’s farsan or burgers, all fried foods are loaded with fats, including trans fats. This is known to trigger inflammation, weakening immune function. So, although you might be eating home cooked meals during this time, try to skip the fried and deep fried foods. This will help to keep your immune function strong.
  2. Sodas and Colas: Even if we are not that addicted to sodas yet, now would be a good time to curb the habit. It really doesn’t matter if you only drink diet soda or carbonated drinks with ‘no added sugar’. They are all artificially sweetened and have no nutritional value whatsoever. Phosphoric acid, which is present in most sodas, depletes calcium and magnesium levels, both of which are vital for good immune function.
  3. Canned Soups: In our current state of lockdown, canned foods like canned soups may seem like the healthiest choice. Unfortunately, the convenience of such instant foods comes with a price. Most instant soups (and other instant foods for that matter) contain high amounts of sodium, corn flour, maltodextrin, and other artificial preservatives and flavoring agents. These ingredients are known to increase the risk of lifestyle diseases and infections because of impaired immune function.
  4. Sugary Snacks: Ayurveda has always recognized the risk posed by artificially sweetened foods. This ancient wisdom is now accepted as a scientific fact, as we know that high sugar intake triggers chronic inflammation and suppresses the immune function, making you more vulnerable to all types of infections – viral, bacterial and fungal. Ice cream, pastries, and chocolates may be your comfort foods but they are simply not a good way to survive social isolation.
  5. Red Meats: are to be strictly avoided according to Ayurveda to protect against infection. A sugar called Neu5Gc is found in red meats and unlike fruit sugars, this sugar is not digested by the body. Instead, it is absorbed into tissue and triggers inflammation and suppresses immunity. Additionally, red meats are also high in fats that we know are bad for immunity.
  6. Foods with MSG: MSG came into the spotlight some years ago when instant noodles were briefly off the shelves. Sadly, the ingredient hasn’t disappeared altogether and you’ll find it in a whole lot of processed and instant foods. Look at those food labels carefully. MSG is bad for your immunity as it causes oxidative stress to the thymus and spleen, which are vital for healthy immune function.
  7. Alcoholic Beverages: Although Ayurveda recognizes the medicinal value of natural alcohols, recreational consumption of alcoholic beverages is regarded as toxic to the body. Alcoholic beverages are known to have high sugar content, impair sleep, increase inflammation and damage the gastrointestinal lining. This severely impairs immunity and increases vulnerability to infections.
  8. Caffeinated Beverages: The need for harmonious living in accordance with the rhythms of nature is central to Ayurveda. Stimulants like caffeine can disturb this natural rhythm, especially when consumed later in the day. This is known to impair sleep, which is vital for strong immunity. Caffeinated drinks are also known to increase acidic levels in the body, which can increase inflammation and suppress immunity.

Reconnecting with our rich heritage of Ayurveda can help us through these tough times. Remember, Ayurveda is not about restriction but balance and harmony. So, in addition to eliminating these bad food choices, try using immunomodulatory herbs like tulsi, amla, and neem to boost immunity and stay safe from infections. 

We hope this article on foods that are bad for immunity helps you make a positive shift to a healthier lifestyle. For more on Healthy Living, check out Healthy Reads or ask a GOQii Coach by subscribing for personalized coaching here: https://goqiiapp.page.link/bsr

#BeTheForce 

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Special Valentine’s Day Recipe: Dates and Nuts Custard

dates and nuts custard

Looking for something tasty and sweet that you and your significant other can share on Valentine’s Day, without ruining your resolution to be healthy? Try this tasty, healthy and absolutely delicious dates and nuts custard that you can eat guilt-free! It is easy to make and completely sugar-free. This recipe can be made with basic ingredients in your kitchen. Let’s get started! 

What You Will Need 

  • Seedless dates – 1 cup 
  • Hot boiled milk – 1 cup 
  • Cold milk – 2 cups 
  • Banana – 1 
  • Vanilla essence – 1 tbsp
  • Mix dry fruits (cashew, almonds, walnuts, pistachios) – 1 cup 
  • Raisins – ½ cup 
  • Sliced strawberries – ½ cup
  • Corn flour – ½ cup 
  • Desiccated coconut – ½ cup 
  • Cinnamon powder – 2 tbsp 

How To Prepare 

  1. Soak 1 cup of dates in boiled milk for 30 minutes.
  2. In a blender, add cold milk, 1 banana, soaked dates along with milk and vanilla essence. Blend till smooth.
  3. Strain the contents in a big bowl to get rid of unwanted lumps.
  4. Now, add in the corn flour and mix it very well to a fine batter.
  5. Heat a pan and pour the contents, stir continuously until it is thick and reduces the moisture but is still a little runny.
  6. Place the serving bowls and let us start plating.
  7. First layer the bowl with dates and milk custard, sprinkle some cinnamon powder, add the desiccated coconut, place the mix nuts generously. Add a few raisins and top it up with 3-4 slices of strawberry.
  8. Allow this to set in the fridge or even outside if the temperature is cool, for 20-30 minutes. Your Date and Nuts Custard is ready! 

Highlights of the Dates and Nuts Custard Recipe

  • The custard has zero sugar and hence, it is a very healthy, guilt-free dessert. 
  • It has the goodness of nuts and fruits.
  • A cup of this custard is rich in fiber, calcium, iron and healthy fats.
  • Great for weight watchers to indulge in.  

We hope you enjoy this Dates and Nuts Custard recipe that is sure to make your Valentine’s Day extra sweet and special. Do try it out and leave your feedback in the comments below. For more healthy recipes, check out Healthy Reads or ask a GOQii Coach by subscribing for personalized health coaching here: https://goqiiapp.page.link/bsr

#BeTheForce 

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World Cancer Day 2022: Closing The Gap In Cancer Care

cancer care

Obtaining essential health services is a huge challenge for at least half the world’s population, according to a report from the World Bank and WHO. A large number of households are pushed into poverty as they must bear the costs of healthcare from their own pockets. When it comes to cancer, many are denied basic care, despite the fact that we live in a time where there are awe-inspiring advancements in cancer prevention, diagnostics and treatment. 

The equity gap is costing people lives as those who seek cancer care hit barriers at every turn. Income, education, location and discrimination based on age, gender, ethnicity, sexual orientation, disability and lifestyle affect cancer care negatively. More so for people who have access to risk factors such as tobacco, diet or environmental hazards. 

Barriers That Affect Cancer Care

  1. Gender Norms and Discrimination: Women and girls suffer from discrimination owing to misogny, stereotypes and expected gender roles. Similarly, men suffer as a result of social norms surrounding masculinity – which prevents them from taking life-saving procedures such as surgery for early prostate cancer – for the fear of incontinence or impotence. 
  2. Socioeconomic Status: Poverty is a serious barrier to proper care as many people cannot afford or access screening and treatment services. The means of prevention and knowledge among these communities is low as well. 
  3. Age Discrimination: Older individuals are vastly underrepresented in the research that sets the standards for cancer treatment. A high proportion of older women with breast cancer receive less chemotherapy than their younger counterparts. More than 70% of deaths caused by prostate cancer occur in men above the age of 75. How old you are should not determine the quality of care you receive. 
  4. Rural-Urban Divide: Where you live, should not determine if you will live. Rural patients are frequently diagnosed at later stages and are less likely to receive appropriate treatment. The financial burden of traveling to a place where you can get treatment and getting the right treatment can be insurmountable. 
  5. Homophobia, Transphobia & Related Discrimination: Around the world, the lesbian, gay, bisexual, transgender, queer and intersex (LGBTQAI) community face hostility and discrimination. They are also likely to face ignorance or prejudice from health practitioners. 

These hurdles to cancer care are only a few ways in which people can be deprived of cancer care. But these obstacles are meant to be overcome. The first step is to recognize this inequity, challenge our own assumptions and biases, listen to the perspectives of people living with cancer and fight these gaps when we see them. 

The Goal Is Simple 

Our systems can be reimagined, situations can be improved and access to proper care can be made available and easier. We can reduce this inequity by: 

  • Educating the public about cancer prevention 
  • Equipping healthcare professionals with skills and knowledge, including how inequity influences cancer care 
  • Strengthening primary health care delivered in communities
  • Addressing some of the social and economic factors that can negatively affect people’s health through policy and programmes  
  • Increasing the resources which includes both money and people – dedicated to cancer research, and tracking the burden of cancer nationally to more effectively shape our investments
  • Implementing country-specific cancer prevention and control plans that address each country’s unique needs and resources.

How Can You Get Involved? 

While the gap in cancer care might not affect you, it could be affecting someone you know. Together, as a community or as individuals, we can make a difference. 

  1. Get Personal: Create your own custom social media post with your own personal message of the commitment and share it with the world.
  2. Light Up The World: Make a statement by lighting up a significant landmark, monument or building to be illuminated on World Cancer Day in the colours of orange and blue in your city. For more information, email hello@worldcancerday.org 
  3. Spread The Word: Write an op-ed, blog story, record a video message, feature World Cancer Day on your website, an article in your newsletter, or reach out to a local journalist.
  4. Join The Action: Show your support by showing up. Find an event near you on the Map of Activities, sign up to attend, participate or volunteer. 
  5. Create An Event: Inspire others by hosting your own World Cancer Day event. From flash mobs, free screenings, conferences, fundraisers to fun runs, add it to the Map of Impact to spotlight the awesome work that you are planning. 
  6. Advocate For Action: Write to your political parties asking them to show their commitment, raise public awareness and take action this World Cancer Day.
  7. Use Your Voice: Start a conversation about cancer with your family, friends, colleagues and networks.
  8. Inform Yourself & Others: Find out more about cancer, how you can reduce your cancer risks, and the impact it has on the people we love, our communities, and the world.

With conscious effort, we can close this inequity gap and improve cancer care for everybody. You can get more information about Closing the Gap In Cancer Care by visiting www.worldcancerday.org 

To explore preventive measures, you can check out Healthy Reads or ask a GOQii Coach by subscribing for personalized health coaching here: https://goqiiapp.page.link/bsr 

Together, let’s #BeTheForce for change! 

From Terminal Illness To Complete Wellness! Ananda Mukherjee Health Story

As we observe World Cancer Day under the powerful theme ‘United by Unique’ (2025-2027)**, we are reminded that every individual’s journey with cancer is distinct, yet united by shared resilience, hope, and the collective fight against this disease. This theme places people at the centre of care and their stories at the heart of the […]