Health

Sugar.fit Gains $5M More for Diabetes Care Innovation

Mar 13, 2024 1 min read

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Sugar.fit, an India-based healthtech startup specializing in diabetes care, has successfully secured an additional $5 million in Series A funding, increasing its total capital to $16 million. The funding round was spearheaded by B Capital, with contributions from MassMutual Ventures and support from returning investors Tanglin Venture Partners, Endiya Partners, and CureFit.

The company intends to allocate the fresh funds to broaden its technological capabilities, diversify its product offerings, enhance brand visibility, and expedite research and development efforts in the realm of diabetes management. Sugar.fit employs a unique approach to diabetes care by integrating continuous glucose monitoring technology (CGM) with personalized support to help users manage their metabolic health effectively.

Sugar.fit has demonstrated considerable growth, amassing over 30,000 users on its platform and experiencing a significant increase in paid subscribers within the past 18 months. The company has also established an omnichannel presence, including seven state-of-the-art Diabetes Clinics in Bangalore, aiming to provide comprehensive care for individuals with diabetes through a blend of cutting-edge technology and tailored human interventions.

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