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Shri Chyawan Ayurved raises USD 200k in SEED round

Raipur Based Healthcare Startup Shri Chyawan Ayurved raised INR 1 crore and 53 lacs in its SEED round led by Dhaval Shah and Vibhor Kanodia.

New Delhi: Shri Chyawan Ayurved, a firm providing herbal products, has raised USD 200K (1 crore and 53 lacs) in its SEED round. The round was led by Dhaval Shah and Vibhor Kanodia, Raipur-based Chartered Accountants and Angel Investors.

Founded by Devkar Saheb, Shri Chyawan Ayurved offers well-researched and effective herbal products to solve problems related to Hair Care, Skin Care, Weight Loss, Menopause, Diabetes, Heart, Varicose Veins, Stress, and other health issues. Additionally, the company launched the EHO Healthcare App, which provides users with a one-click solution for various healthcare services such as Ambulance, Hospitals, Medical, and Labs.

The funds raised in the seed round will be used for research and development of Shri Chyawan Ayurved Product, expansion and marketing activities of the EHO Healthcare App.

Devkar Saheb, Founder of Shri Chyawan Ayurved, affirmed, “We are delighted with the investments received so far. We are happy with the trust and commitment that our investors have shown. At Shri Chyawan, we are motivated by the vision of revolutionizing the healthcare segment. Healthcare in India is expensive, and most of the population cannot afford medical bills. Through EHO Healthcare, people can access proper medical facilities at a reduced cost. To extend this service to the people of India, we needed a helping hand and are glad to have investors who share our vision.

We look forward to a fruitful collaboration.”

Currently, EHO Healthcare offers its services to users in Raipur, Chhattisgarh. The firm wants to extend its reach to Mumbai, Lucknow, Indore and Nagpur.

About Shri Chvawan Ayurved

Shri Chyawan Ayurved is a Firm indulged in developing well-researched, safe and effective herbal products for the betterment of mankind. Priority Herbals has launched effective products for Hair Care, Skin Care, Weight Loss, Menopause, Diabetes, Heart Care, Varicose Veins, Stress and many more health problems. All these products are formulated and designed based on the knowledge and principles of Ayurveda, combined with modern scientific research to offer a range of solutions that meet the community’s health needs. At the same time, Priority Herbals renders a one-stop solution to all willing to take a shot at entrepreneurship in the arena of healthcare, with special reference to Herbal Products.