Bangalore, 08 March, 2016: On the occasion of International Women's Day, LoveCycles, a comprehensive women’s health tracker, was launched in India with Hindi language support. A ‘Made in India’ product with millions of users worldwide, LoveCycles has also raised INR 5 crore from seed-stage investors, Prime Venture Partners. LoveCycles enables women to keep a track of their menstrual and physiological health via a mobile application. Using this tracker, women can record their monthly cycles, associated symptoms and trace out a pattern to help them manage their menstrual health better.
Founded in early 2012 by a young engineer, John Paul in Bangalore, LoveCycles logs more than 1.2 million active users every month. It has clocked more than 6 million downloads across 190 countries worldwide. The tracker has garnered a consistent 4.4 star rating across Android, iOS, Windows Phone and Windows platform based on more than 50,000 user ratings. It is also one the few apps which is integrated with Google Now. United States, Brazil, Italy, Mexico South Korea and Russia are among the geographies seeing the highest downloads. LoveCycles features a world-class design and unparalleled user experience. It is backed by the app’s algorithm which has been enhanced for better accuracy and has the ability to track symptoms. Globally, the tracker supports 13 languages and very soon will support popular regional languages in the country.
Menstrual hygiene is one of the most important, yet neglected, health issues in the developing world. In India, approximately 70% of all reproductive diseases are caused by poor menstrual hygiene. There are 355 million women of reproductive age in India who need mechanisms and structures in place to meet their menstrual needs. Taking advantage of smartphone penetration in remote corners of India, LoveCycles aims to equip women to manage their menstrual health using a mobile phone. They can also use LoveCycles to increase accuracy of contraception and conception. LoveCycles helps women with the knowledge and support to understand how their fertility works and enables them to take ownership of their reproductive health.
The investment from Prime Venture Partners is in tune with its philosophy of working with category-creating startups. Since its inception, Prime Venture Partners (formerly AngelPrime) has been funding companies that are disruptive in product, technology, go-to-market and business model. It is also marks the fund’s foray into the healthcare technology sector.
"John Paul is an amazing entrepreneur and LoveCycles is already improving the quality of life of millions of women around the world. With Smartphone & Mobile Internet growing, we're delighted to help bring this value to Indian women, and over time to expand into a comprehensive and personal health tracker. We are excited about the possibilities it can create in helping women and girls in India."
"The funding from Prime Venture Partners comes at a crucial time for LoveCycles. We want to increase our presence in India and enable women to manage their health better. In India, women’s health has been a much- neglected issue, particularly menstrual health that is still a taboo in various parts of the country. We want to empower women with information and technology, which will help them take control of their overall health. With this funding and the expertise of the managing partners at Prime, we are looking to expand LoveCycles’ accessibility in India by introducing regional language support in the next coming months."
LoveCycles is a comprehensive health tracker for women and the flagship product of Plackal. Led by John Paul, the tracker has over 6 million downloads across 190 countries including Mexico, Brazil, Italy, Russia, Korea, United States. The tracker supports 13 languages currently and has won numerous awards including Samsung Smart app challenge 2012, Vodafone AppStar 2013, best designed product NPC 2014 and Android app expo 2015. Website: www.lovecycles.me
Prime Venture Partners is a Bangalore-based seed fund led by serial entrepreneurs Sanjay Swamy, Shripati Acharya and Amit Somani. The fund is focused on building disruptive product companies out of India, and addresses a much needed gap in the Indian startup ecosystem - by bringing a combination of first-hand entrepreneurial experience, operating expertise and meaningful capital. Prime Venture Partners’ portfolio includes exciting startups such as ZipDial (acquired by Twitter), Ezetap, SmartOwner, Synup, HackerEarth, happay, Nimble Wireless and Vidgyor. Website: www.primevp.in