Funding · Healthcare & Life Sciences
Zanskar in talks to raise ~$6 Mn led by Bessemer
By Startup Enthusiast ·
- Date
- Company
- Zanskar
- What it does
- Tech-led pain management platform
- Kind
- Funding
- Amount
- $6 Mn
- Stage
- Series A
- Founded
- 2022
What they do
Zanskar is a tech-led pain management platform offering at-home care protocols and products
What happened
The company is in talks to raise approximately $6 million in a fresh round led by Bessemer Venture Partners
Why it matters
This investment highlights growing interest in chronic pain management startups despite muted overall healthtech funding activity
The details
- Zanskar is currently in talks to raise a new funding round of approximately $6 million.
- The fresh capital raise is being led by Bessemer Venture Partners as the primary investor.
- Discussions are ongoing with the final cheque size remaining subject to change before the deal closes.
- Both Zanskar and Bessemer did not respond to Inc42 queries at the time of publication.
- This follows a previous seed round of ₹2.8 crore raised roughly ten months prior to this event.
- Investor interest in chronic pain management startups is reportedly growing significantly in the current market.
- The broader healthtech market is projected to cross $37 billion by 2030 with a high growth rate.
- Overall funding activity in the sector has seen a decline with deals falling to 54 in 2025.
The bigger picture
- Untreated chronic pain or prolonged reliance on painkillers can lead to serious disability and complications.
- A significant portion of the Indian population suffers from joint and back pain issues.
- Competitors like Nivaan Care and FlexifyMe have recently secured substantial funding for similar models.
About the business
- Zanskar operates as a tech-led pain management platform accessible primarily through its mobile application.
- The company offers personalised at-home care protocols designed to manage pain without hospital visits.
- It sells physical pain relief products including oils, roll-ons, and nutritional supplements directly to consumers.
- Sales channels include its own website and major e-commerce platforms like Amazon and Flipkart.
- Products are also available on quick commerce apps like Blinkit and health platforms like Tata 1mg.
- The founders are exploring pilots for physiotherapy-led wellness centres in select metro cities.
- The business model combines digital care protocols with physical product sales for revenue generation.
- Co-founders Anshul Mittal and Manu Kumar Mittal established the company in 2022 after graduating from IIT Delhi.
What happens next
- Zanskar is exploring pilots for physiotherapy-led wellness centres in select metro cities.
The deal
- Type
- Series A
Investors
- Bessemer Venture Partners (lead) — Global venture capital firm leading the fresh round discussions.
- Zeropearl VC (existing) — Led the previous seed round of ₹2.8 crore ten months prior.
- Pawan Gupta (existing) — Co-founder of Fashinza who participated in the seed round.
- Amit Baid (existing) — Managing Partner at 10X Growth Ventures who participated in the seed round.
- Nidhish Mundra (existing) — SVP at Oaktree Capital who participated in the seed round.
Founders
- Anshul Mittal, co-founder
- Manu Kumar Mittal, co-founder
About Zanskar
- Product
- based pain care startup
- Customers
- Consumers seeking pain relief and at-home care for joint pain, migraines, arthritis, and muscle recovery
- How it makes money
- Sells pain-relief products online and offers a technology-led pain management app with personalised at-home care protocols
- What sets it apart
- Combines products with an AI-driven physiotherapy app and personalised home-care protocols
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