THE POWER OF BREATH – NOWZONE TO CLOSE BRIDGE ROUND TO ACCELERATE GO-TO-MARKET STRATEGY EXECUTION
NowZone® (a brand owned by Hum Aspen Wellness Pvt. Ltd) is geared up to close bridge round and is heading towards Pre-series A round to accelerate go-to-market strategy for the launch of their comprehensive wellness
NowZone® (a brand owned by Hum Aspen Wellness Pvt. Ltd) is geared up to close bridge round and is heading towards Pre-series A round to accelerate go-to-market strategy for the launch of their comprehensive wellness solution. This includes a wearable device and customized meditative sessions delivered as a Comprehensive Solution. Indian Healthcare Angels Network (IHA) is currently leading the funding round with BIORx Venture Advisors Pvt. Ltd (BVA) acting as exclusive transaction advisors.
Akash Madnani, Founder and CEO, Hum Aspen Wellness Pvt. Ltd, talks about his inspiration behind the origination of NowZone®. He says: “NowZone® offers a comprehensive wellness solution with its Globally Patented Wearable Device Integrated with User Alert Feature to interpret, response, report and serve mobile notification alerts when the user drifts towards negative mind chatter or if they are stressed or losing concentration”.
Vivek Deshpande has been recently appointed as Chairman, Business Advisory Board at Hum Aspen Wellness Pvt. Ltd. Sharing his vision for the next 5 years, Vivek says: “We aspire to be one of the world’s leading Wellness Platforms and tap into the fast-growing $4.5 trillion Wellness market. With its sharp focus on breath and Nowfulness, Nowzone’s unique proposition has the potential to make an immense contribution to and social impact on the Wellbeing and Health Space by bringing together state-of-the-art
technology and ancient wisdom in the form of Vedic and Buddhist Meditation”. Vivek comes with vast global experience having led Sales and Client Experience in multi-billion-dollar franchises across industries (Banking, Consumer Product, Technology) in leading Multinationals such as HSBC and Whirlpool.
He believes that the world has never been more conscious and aware of the need to focus on individual wellbeing. “This is absolutely the right time for us to go to the market,” he adds.
Dr Varun Gupta, Senior Vice President, TATA 1mg – one of the angel investors — has shown tremendous belief in NowZone®. He says: “NowZone® provides a contemporary, measurable, evidence-based, simple-to-implement programme to cope up with day-to-day stressors. Mental health challenges are increasing and NowZone® provides a scalable, gamified and data-driven approach to help people manage their stress and improve their overall well-being. I think digital therapeutics is the future and this is a step in the right direction“.
IHA, a network powered by BVA, is currently supporting the Fundraising of NowZone®. It comes with vast experience in providing a seamless private platform to all Angel Investors to invest in early-stage ventures in the sub-sectors of Healthcare, Med-tech, Life Sciences, Pharma, AgriTech, Biotech, and Digital Health Start-ups.
Dr. Vishal Gandhi, Founder, IHA & CEO, BVA, reinforces IHA’s commitment to Upscaling Healthcare Angel Investing, taking the message of NowZone® to the masses, and he is excited about supporting NowZone® disruptive technology and its business model. He says: “What Fitbit did to Physical Fitness through gamification of Walking, NowZone® will do the same to Mental Health through Gamification of Breath. 20 minutes Slow Deep Breathing@6BPM Challenge, Just like 10K Steps!”