# Praava Health Bangladesh

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/praava-health-bangladesh

- Industry: Healthcare
- Headquarters: Dhaka, Bangladesh
- Website: www.praavahealth.com
- Total disclosed funding: $11M
- Latest round: Series A (Mar 8, 2021)
- Investors on record: 1

## About

Praava Health, based in Dhaka, Bangladesh, provides a range of personalized healthcare services aimed at improving patient experiences through tailored health checks, diagnostic testing, and digital health management solutions.Praava Health Bangladesh Ltd. specializes in delivering innovative healthcare solutions, established in 2017 in Dhaka, Bangladesh. The company was founded by Sylvana Sinha, who drives its mission as CEO. In March 2021, Praava raised USD 10.6 mn in Series A funding from SBK Tech Ventures and other individual investors, bringing its total amount raised to USD 10.6 mn. The company has made one deal as of 2021-03-08.Praava Health offers a comprehensive suite of healthcare services that includes personalized health checks and packages tailored to individual needs based on age and gender. Their in-house pharmacy provides delivery services within Dhaka. Additionally, the company features a diagnostic lab, one of only six accredited laboratories in Bangladesh, ensuring high-quality test results. Praava Health also provides home lab testing services and a digital platform for patients to manage their health data, book appointments, and access prescriptions, primarily serving the Dhaka metropolitan area.Praava Health generates revenue through direct-to-consumer transactions, including consultations, health checks, laboratory services, and an online pharmacy. Revenue comes from service fees associated with consultations with specialized doctors, health packages, and diagnostic tests, along with sales from medications and vaccines. This pricing model reflects the comprehensive nature of their services, offering competitive rates for memberships and package deals. There is potential for additional revenue through partnerships with corporate clients looking to provide health benefits to their employees.Following its most recent funding round in March 2021, Praava Health plans to utilize the USD 10.6 mn raised to open 10 additional healthcare centers in Dhaka and expand into major cities like Chittagong. The company is also focused on enhancing its digital healthcare capabilities by developing a super app that consolidates all digital services into a single mobile application.

## Funding rounds

- Series A, Mar 8, 2021, $11M — SBK Tech Ventures

## Investors

- SBK Tech Ventures (https://capitalatlas.ai/funds/sbk-tech-ventures) — Series A