Praan Health raises Rs 8.5 crore seed funding led by Rainmatter Investments

New Delhi: Praan Health, a lifestyle-first chronic care platform for parents aged 50 and above, has raised Rs 8.5 crore in seed funding to scale its vision of bringing preventive chronic care to Indian families.

The round was led by Rainmatter Investments with participation from WEH Ventures and angel investors, including Alakh Pandey and Prateek Maheshwari (PhysicsWallah) and Arjun Vaidya, among others.

Founded in 2024 by Navneeth Ramprasad, a former product leader at Netflix and Meta, Praan Health was born from a personal problem familiar to millions of Indians: the struggle to care for ageing parents from afar. Over 90% of Indians above 60 suffer from lifestyle-related chronic conditions, yet care remains fragmented and hospital-driven. Praan was built to change that by offering families, especially millennials and older Gen Z living in India and abroad, a structured, science-backed, and lifestyle-first system that helps parents regain strength, mobility, and control over their health.

With the new funding, Praan plans to strengthen its product and technology capabilities, expand its clinical and coaching teams, and expand its service delivery across India. The company has recently launched its mobile app,  a one-stop platform that allows young adults to manage their parents’ health journeys, from blood test uploads and risk scores to weekly progress updates and doctor consultations. Praan will also use the funds to build unique, first-of-its-kind health centres in key demographics – Bengaluru, Hyderabad, Mumbai and Delhi-NCR.

Using an integrated approach that combines physician supervision, clinical nutrition and one-on-one strength training, Praan delivers personalised 90/180/365-day programmes for 25+ chronic conditions, including diabetes, hypertension, arthritis, osteoporosis and post-surgery recovery. In under a year, the company has supported 1,500+ families across India through50,000+ one-on-one sessions, powered by a 75+ member team of physicians, clinical nutritionists, physiotherapists and certified strength coaches.

Navneeth Ramprasad, Founder and CEO, Praan Health, said: “Healthcare for our parents shouldn’t start at the hospital — it should start at home. Praan turns chronic care into daily habits of movement, strength, and evidence-based nutrition. The freshly infused capital will help us deepen our clinical and technology capabilities, scale our programmes across India, and make Praan a household name. While our end users are parents, the platform also allows their children to stay informed, track progress, and remain closely involved in their parents’ health journey. It’s a step toward making preventive, strength-driven care accessible to every household, so ageing in India can be defined by vitality, not vulnerability.”

Nithin Kamath, Rainmatter & Zerodha, CEO, said: “There are 150 million people over the age of 60 in India, i.e., approximately 11% of our population. This poses significant challenges for the healthcare system as more elders will need specialised care. Most of them are experiencing some chronic health issues, and this is where a solution like Praan brings impact at scale. We’re excited to support the team at Praan, who are delivering chronic care solutions for our elders.”

Rohit Krishna, Partner, WEH Ventures, added: “Praan is solving a very real problem that every Indian in the workforce faces – how to care better for our parents as they age. The team’s approach combines medical depth with everyday practicality, making long-term health management both simple and deeply personal. It’s a mission that can touch millions of homes, and Navneeth’s clarity of purpose gives us immense confidence in Praan’s ability to redefine how India approaches preventive and chronic care.”

India’s healthcare system is moving beyond hospitals and toward homes. The country’s digital health market, valued at USD 14.5 billion in 2024, is expected to cross USD 106 billion by 2033. Globally, the chronic disease management market is projected to reach USD 20.8 billion by 2034. As more families turn to technology for everyday healthcare, platforms like Praan are bridging the gap by bringing science, structure and compassion together to help children actively care for their parents’ health at home.