Pranay Jivrajka, the ex-Ola founding member has started a venture, Allo Health, a men’s sexual wellness healthcare platform.
The Bengaluru-based startup has till now raised $4.4 million in seed funding led by Nexus Venture Partners. The other investors in line are Flipkart co-founder Binny Bansal, investors such as Pranav Pai from 3one4, Deepinder Goyal from Zomato, Gaurav Munjal from Unacademy, and others.
Pranay Jivrajka, the IIT Bombay alumnus hails from a family of Pharmaceuticals business for close to 40 years.
Pranay has been working with a team of doctors and wellness experts to build the platform.
What is Allo Health?
Allo health will provide a 360-degree assessment of a patient with the assistance of qualified doctors and wellness experts.
The platform will deliver all the services that a patient requires, starting from solving from discovery, diagnostics, medication, consultation, and everything that a patient will require.
Why male sexual wellness?
Pranay told, “As a child, I didn’t understand the impact of healthcare, but in this last decade, and with COVID-19 pandemic, I realised technology can digitise and transform the healthcare experience. I decided to look at the underserved space of men’s sexual wellness. While I found there was a huge need for the market, there hardly is any platform that unifies all the needs due to the stigma associated with the segment”
Pranay also mentioned that there is a lot of awareness gap in the market, and the team is working towards the same to change that and also help men consult with the top specialist doctors, who have over 15 years of experience and get a prescription.
The founder wrote in one of his blogs, “Sexual well-being has a lot of heightened social stigma and hypersensitivity associated with it. These combined with limited focus on sexual education in formative years, low accessibility to qualified doctors, lack of awareness, and a patriarchal mindset leads to many individuals suffering in silence.”
