We are thrilled to announce that Breathe Well-being, India’s leading digital, personalised, chronic disease management platform focused on Type 2 diabetes mitigation, has successfully raised ₹50 crores in funding. The round was led by Accel, 3one4 Capital, and General Catalyst.
This is a major milestone for the company and a testament to the progress they made in 2022.
- Breathe Well-being is the only digital health technology company in Asia with clinical evidence published in three prestigious journals - the American Diabetes Association, the European Society of Endocrinology, and the American Association of Clinical Endocrinology
- The app was downloaded by 2 million users globally!
- The company has received an overwhelmingly positive response from users, with 50,000 of them reporting success in mitigating diabetes, losing weight, lowering HbA1c levels, and preventing health complications.
- The program delivered impressive outcomes. >95% of participants on average reduced 1.5% of their HbA1c levels, >98% of participants discontinued medication and achieved an average weight loss of 5.5 kg.
Breathe Well-being is poised to positively impact millions of lives.
Founders Rohan Verma (Ex McKinsey & a certified CrossFit L2 trainer and mindfulness coach) and Aditya Kaicker (Ex Accenture & an ACE-certified behavioural health coach) built Breathe Well-being, a platform that offers a range of tools and resources to help users mitigate Type 2 diabetes. Their app provides personalised diabetes management plans, daily glucose tracking, adherence monitoring, and customised healthy food and exercise recommendations. It also offers access to a network of diabetes management specialists for users who need additional support.
“In our experience, game design and community-driven programs deliver far superior health outcomes. We are seeing the highest level of efficacy and the magic happens when there’s strict adherence to the protocols. We have seen more than 90% of participants were able to sustain their results beyond 24 months into the program. This is a big indicator of how engaging our entire plan is and people’s active willingness to get off the diabetes medication” said Aditya Kaicker, Co-founder and COO, Breathe Well-being.
The future of chronic disease care!
Breathe Well-being aims to expand its digital therapeutic offerings to include other chronic conditions, such as hypertension, PCOS, gut disorders, and more, positioning itself as an emerging leader in the global health and wellness industry.
Its solution taps into a reawakened wellness economy, that has grown into a $4.5 trillion global business. It is redefining how diabetes and other chronic diseases should be managed, delivering significantly better health outcomes and vital cost savings. The technology-driven, research-based, non-pharmaceutical approach is fundamentally augmenting the future of chronic-disease care.
We are excited to reinforce our support to the Breathe Well-being team as they positively impact lives and improve care delivery across India!
At 3one4 Capital, the team has intentionally built a long-term commitment to responsible investing and to support the evolution of an ecosystem conducive to RI. This active commitment has helped the firm secure the signatory status to the UN PRI.
3one4 Capital has been ranked by Preqin, a global reference database for asset management, as India’s top performer for two of its funds, in the recent Alternative Assets report. The seed and early-stage funds managed by the firm have been recognized for their performance amongst the India-focused venture capital funds in this Asia Pacific-focused report published in 2021. With industry-leading Net IRRs, 3one4 Capital’s Rising I & Fund II are the top two amongst the best performing India-focused VC funds between the vintage years, 2010- 2018.