- YourPhysio launches India’s first online physiotherapy service of live one-on-one sessions with certified physiotherapists and races to 10000+ sessions and 100+ cities within months of its launch based purely on the effectiveness of treatment.
- YourPhysio aims to use the funding to grow its engineering and customer experience team to establish a robust platform for scale.
February 03rd, 2020: Online physiotherapy & pain relief startup YourPhysio has raised a $350K pre-seed round of funding led by Better Capital. The round also saw participation from Snapdeal founders Kunal Bahl & Rohit Bansal’s Titan Capital and BITS Pilani angel investors Sarath Sura, Venu Palaparthi & VP Rajesh. With the vision to bring pain relief to millions of people, digital physiotherapy was started in March 2020 by BITS Pilani alum Ashutosh Mundhada and Dr. Sheetal Mundhada who brings 30+ years of experience in physiotherapy. The company saw instant uptake of its online physiotherapy service as it spread to 100+ cities in a matter of months.
The company plans to use this round of funding to bolster its engineering and customer experience teams with stellar talent as it brings an on-demand live one-on-one treatment delivered by certified physiotherapists via video.
In India alone, 220M+ people suffer from musculoskeletal conditions that affect joints, bones, muscles and ligaments - conditions that can be treated successfully via online physiotherapy sessions. The India opportunity is pegged at $5B and growing. There is also a global opportunity as YourPhysio has already delivered online physiotherapy for users in multiple countries. With the spread of smartphones and 4G data connectivity, the timing is apt for YourPhysio’s vision as users from metros as well as smaller towns have already availed its service successfully.
YourPhysio founders bring a deep expertise in successfully delivering pain relief to thousands of patients and spent several quarters in running offline centers to understand the core patient experience that is needed for delivering results -- along with the process and system for physiotherapists to follow to ensure clinical outcomes. Backed by deep insights, the company hit instant success with these results in its first 150 days:
“Back & joint pain is a large and growing problem around the world. With YourPhysio, we are solving for access to high quality physiotherapy care. Our online service is as effective as offline care as it is based on first principles. Also it is really easy to adhere - with zero travel & wait time, patients can conveniently fit online treatment in their daily schedule.” said Ashutosh Mundhada, co-founder & CEO at YourPhysio.
With its unique and industry leading service, YourPhysio is also creating a first-of-its-kind opportunity for physiotherapists who can enroll with YourPhysio and offer online physical therapy sessions and create a consistent revenue stream for themselves. YourPhysio aims to onboard 1000s of physiotherapists over the next 12-18 months.
“Everyone who uses Volini or Pain Killers is a customer for us. These are temporary solutions for 200+ back & joint pain conditions which affect millions of people. With YourPhysio our goal is to make getting rid of pain as simple as streaming a netflix movie. We are excited to partner with YourPhysio at the founding stage to build a service that will positively impact millions of people around the world”, said Vaibhav Domkundwar of Better Capital, a early stage venture firm with category defining investments in companies like Open, Khatabook, Airmeet, Teachmint and others.
Globally, there has been a deep interest and conviction in digital physical therapy with players like Hinge Health racing to $3B+ valuation based on recent funding led by Tiger Global & Coatue. YourPhysio will first focus on the India market and then expand across global markets.
The company plans to use this round of funding to bolster its engineering and customer experience teams with stellar talent as it brings an on-demand live one-on-one treatment delivered by certified physiotherapists via video.
In India alone, 220M+ people suffer from musculoskeletal conditions that affect joints, bones, muscles and ligaments - conditions that can be treated successfully via online physiotherapy sessions. The India opportunity is pegged at $5B and growing. There is also a global opportunity as YourPhysio has already delivered online physiotherapy for users in multiple countries. With the spread of smartphones and 4G data connectivity, the timing is apt for YourPhysio’s vision as users from metros as well as smaller towns have already availed its service successfully.
YourPhysio founders bring a deep expertise in successfully delivering pain relief to thousands of patients and spent several quarters in running offline centers to understand the core patient experience that is needed for delivering results -- along with the process and system for physiotherapists to follow to ensure clinical outcomes. Backed by deep insights, the company hit instant success with these results in its first 150 days:
- 2500+ treatment sessions
- An average user took 14 sessions
- Average sessions feedback was 3.77 out of 4
- 63% MoM growth in revenue
“Back & joint pain is a large and growing problem around the world. With YourPhysio, we are solving for access to high quality physiotherapy care. Our online service is as effective as offline care as it is based on first principles. Also it is really easy to adhere - with zero travel & wait time, patients can conveniently fit online treatment in their daily schedule.” said Ashutosh Mundhada, co-founder & CEO at YourPhysio.
With its unique and industry leading service, YourPhysio is also creating a first-of-its-kind opportunity for physiotherapists who can enroll with YourPhysio and offer online physical therapy sessions and create a consistent revenue stream for themselves. YourPhysio aims to onboard 1000s of physiotherapists over the next 12-18 months.
“Everyone who uses Volini or Pain Killers is a customer for us. These are temporary solutions for 200+ back & joint pain conditions which affect millions of people. With YourPhysio our goal is to make getting rid of pain as simple as streaming a netflix movie. We are excited to partner with YourPhysio at the founding stage to build a service that will positively impact millions of people around the world”, said Vaibhav Domkundwar of Better Capital, a early stage venture firm with category defining investments in companies like Open, Khatabook, Airmeet, Teachmint and others.
Globally, there has been a deep interest and conviction in digital physical therapy with players like Hinge Health racing to $3B+ valuation based on recent funding led by Tiger Global & Coatue. YourPhysio will first focus on the India market and then expand across global markets.
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