logo
#

Latest news with #Arva

India has seen an explosion of fertility startups. Next up: deal spree
India has seen an explosion of fertility startups. Next up: deal spree

Mint

time18-07-2025

  • Business
  • Mint

India has seen an explosion of fertility startups. Next up: deal spree

Bengaluru/Mumbai: India's growing incomes and falling fertility rate have birthed a new breed of startups looking to fill gaps and provide convenience in assisted reproduction services, drawing interest from investors and large healthcare chains. Upstarts such as Luma Fertility and Arva Health offer services ranging from at-home hormone monitoring and assessment to in-vitro fertilization (IVF) at their centres, while Initomakes portable fertility tracking least 37 fertility ventures were founded between 2021 and 2025 in India, raising $86.4 million combined in equity investments, according to Tracxn data. 'What is interesting is that these startups are highly focused on offering services such as fertility testing and egg freezing, apart from conventional fertility offerings…," said Shobhit Agarwal, chief executive officer at Nova IVF Fertility. 'They are well exposed to European markets, understand the changing landscape of the fertility market in India and are helping to bring new allied services to India and create these markets in larger cities." IVF and other fertility solutions have been available in India for decades. Yet demand has grown in recent years as more women decide to have children later and infertility increases. Rising incomes mean a higher number of Indians can access treatment. EY estimates the nation's IVF market to rise from $793 million in 2020 to $1.45 billion by 2027, expanding 15-20% annually. Mumbai-based Luma offers embryo grading, advanced egg quality assessment, egg freezing, IVF, male and female fertility testing and care and a smartphone application to track hormones and record symptoms. Arva provides everything from hormone testing and fertility consultation to IVF and IUI (intra-uterine insemination). Inito sells at-home single-use kits for monitoring hormone levels during fertility cycles–crucial information for couples struggling to conceive. 'Their (new startups') presence has helped expand awareness and convenience, especially for individuals taking early steps toward understanding their reproductive health," said Kshitiz Murdia, chief executive officer and whole-time director of Indira IVF, the country's largest infertility treatment chain. Private investors are taking notice. Last week, Luma, which recently opened a fertility clinic in Mumbai, announced its $4 million fundraise from Peak XV's Surge, Metropolis Healthcare's promoter Ameera Shah and Vijay Taparia of B2V Ventures. In May, Bengaluru-based Arva secured $1 million in pre-seed funding led by early-stage investment firm All In Capital. Expansion plans Inito plans to enter 20 countries, including Australia and Canada, by next year, founder and chief executive officer Aayush Rai told Mint. 'We're a deeptech company, and the idea is to build a global company. The consumption patterns are different in India and outside, with Western countries more open to adopting newer technologies." Inito lastraised $6 million in Series A funding led by Fireside Ventures in November 2023. Luma Fertility, which recently established its first clinic in Mumbai's Bandra area, is looking to launch two more centres in the financial capital, followed by expansion into Bengaluru, Hyderabad, Pune and Gurugram. 'While a majority of it will be organic expansion, we are open to acquisitions to widen the scope of fertility services like in vitro-fertilization (IVF) and egg freezing,"said Neha Motwani, founder of Luma. There are other startups proving support services . BabyReady provides teleconsultation and financial services for couples seeking fertility treatments and Elawoman offers counselling and access to fertility clinics. India IVF, a chain of tech-enabled fertility care centres across India, received pre-Series A funding last year. Veera Health provides treatment for polycystic ovary syndrome or PCOS, which is known to cause infertility–the venture is backed by Y Combinator and Peak XV's Surge. "My sense is that less than a third of the market is truly organized, chained and branded. The remaining is mostly single-doctor or single-clinic practices," saidArjun Anand, managing director and head of Asia at global investment company Verlinvest. 'Startups that bring a positive differentiation to existing services of IVF & IUI will have an edge." Acquisition targets Verlinvest acquired a controlling stake in AP/Telangana-focused Ferty9 Fertility Centre in 2023. Large chains, too, are watching these startups as potential acquisition targets. Startups play a crucial role in bringing about innovative services that large players cannot possibly introduce at scale, making consolidation a favourable outcome. '...we are not only seeing much intense competition from large chains, but also seeing many new startups in this space," said Agarwal of Nova IVF, which was acquired by Asia Healthcare Holdings in 2019. The chain has 100 centres across the country, with over half of those in tier 2 and 3 cities, including Bareilly, Guwahati, and Vellore. Nova IVF is assessing acquisition opportunities in markets with low presence, said Agarwal. Last month, Economic Times reported, citing unnamed people, that US-based IVI RMA Global is set to acquire ART Fertility Clinics for $400-450 million. Indira IVF inked deals with Gujarat-based Banker Healthcare and Puducherry's Creation Science IVF in June as well. Birla Fertility & IVF acquired BabyScience IVF Clinics to expand its presence in southern and western India last year. Funding in the segment will continue to be driven by private equity investments, according to Verlinvest's Anand. 'Private equity brings scale, while venture capital fosters innovation. IVF is more suited to a private equity play as it's a centre-by-centre model and will take a linear curve to scale." Looking ahead On their part, the startups also continue to evolve to stay relevant. Luma Fertility is offering a more open and detailed analysis of diagnostic reports to its patients, besides investing in establishing a dedicated care team to guide them along the journey. 'For instance, our analysis of an AMH report states X-axis age, Y-axis AMH, where you are compared to the India average, and what this means for you, and what is your predictive decline," said CEO Motwani. 'The first place where the system is broken is how fertility assessment and testing are done. It needs to be more accessible, open, and with less judgment." Inito intends to be a pure-play product company, according to founder Rai. 'There is definite value in building hardware because at-home testing is largely under-penetrated. This segment can grow significantly, potentially outperforming top players in the product side." The startup also plans to foray into men's fertility with specialized products, which Rai termed an underrated topic. Nova IVF's Agarwal sees more opportunities including AI-driven embryo evaluation, genetic testing, newer therapies such as ovarian rejuvenation. "Any addition like a digital-first approach, more efficient tracking capabilities, and new technology will be valuable," saidVerlinvest's Anand. 'Better customer experience, the ability to cater to a premium audience, or a concierge service will help set a startup apart from traditional players." According to Bhanu Prakash Kalmath S J, partner and healthcare industry leader at Grant Thornton Bharat, 'what also matters is how you bring credibility through a better brand". This is what works for larger chains, which offer consistency and uniform services across centres, and that could work for new players as well, he said. Luma and Inito plan to carefully invest in expansion to maintain differentiation and sustainable economics. But Kalmath S.J. suggested that investing in technology to ensure compliance with regulations and complete data confidentiality is paramount too. More so, when big fertility treatment chains also look to protect their turf and stay ahead of the curve. As Sriram Iyer, CEO of Apollo Health and Lifestyle, which runs Apollo Fertility, explained: 'To stay competitive, investment in technology, prioritizing ethical practices, and addressing accessibility challenges are utmost."

Why I keep going back to the world's ‘most overrated' city
Why I keep going back to the world's ‘most overrated' city

Metro

time18-06-2025

  • Metro

Why I keep going back to the world's ‘most overrated' city

In the tenth installment of Metro Travel Hot Takes, Lifestyle Editor Kristina Beanland makes the case for Dubai — a futuristic city with more to offer than its glittering skyline. When I tell people I'm going on another trip to Dubai, I know I'm going to be met with a response along the lines of: 'I have no desire to go there'. It's followed up with comments that Dubai has no culture, is too materialistic and is full of influencers and/or Love Island rejects. I've heard on more than one occasion how it's the world's most overrated holiday destination. These remarks are particularly irritating when someone confidently claims all of the above without ever having actually set foot there. It's one of the most visited cities in the world and tourists have good reason to flock there, with Dubai recently landing a spot on Time Out's list of the 50 best cities in the world in 2025. It's become famed for its brunches and beach clubs – and while they're right up my alley, there's so much more to Dubai than what you see on Instagram. I first visited Dubai when I was still at primary school after my extended family moved out there. Back then, no one had ever heard of it. I remember 'the adults' heading off on a boat trip to see The Palm being constructed – the man-made island that is now arguably the most boujee part of Dubai. And home to some of the world's tallest skyscrapers, Dubai boasts an impressive skyline. But the natural beauty is stunning too (yes, really). From the mountainous Hatta to the deserts that surround the city, you'll be surprised by how beautiful sand can be. And, I hate to burst your bubble, but with more than 200 nationalities living and working together, there's a kaleidoscope of culture – you just have to know where to find it. So, the next time someone tells you they're heading off to Dubai, don't judge. You're the one missing out. From delicious food and desert adventure, to water sports and local produce, here are four reason why you should visit. Food glorious food Much like London, Dubai can offer you restaurants that cater to any appetite and cuisine. There's French fayre at Couqley, Japanese at Zuma and Carnival by Trèsind, which offers a seasonal Indian menu. If you want to get under the shiny surface though, I recommend heading out to Old Dubai. To get your bearings, book yourself onto a tour with Frying Pan Adventures. We went on the Middle Eastern Food Pilgrimage with our knowledgeable guide, Farida, who actually runs the company with her sister, Arva. Both are originally from India but grew up in Dubai. You might have even spotted Arva on the Dubai episode of Netflix's Somebody Feed Phil. It's clear that Farida not only loves food, but the neighbourhood, Al Rigga, in the district of Deira, that she's showing us around. One of the oldest areas in the city at one point, she even points out her own apartment block. This is a different Dubai to the one you'll see on The Palm. It's full of people, noise — and hardly any tourists. Arrive at the tour with an empty stomach and you will not be disappointed. We ate some of the best shawarma I've ever tasted from a curb-side hole in the wall, and the most delicious chickpea falafel at a family-run restaurant. We also sat down at an Iraqi eatery to try their national dish, Masgouf, freshwater carp that's been smoked on a wood fire. As we tucked into the fish, Farida explained how Masgouf is so much more than just a meal to the people of Iraq – but a dish that always tastes like home, wherever they may be. While Farida finished the tour at Samadi Sweets — a favourite from her childhood serving up baklava and gahwa (a strong Arabic coffee that's an acquired taste…), it's kunafa that will always have my heart. We sampled the treat, made with spun pastry, sugar syrup and cheese (don't knock it 'til you've tried it) at Palestinian-Jordanian restaurant Qwaider Al Nabulsi Sweets. At 435 Dhs (around £90) for a 3.5 hours tour and a huge amount of food, the price tag is more than worth it. Elsewhere in the city, for a truly authentic Dubai experience, grab a table at Arabian Tea House, an Emirati restaurant that's been serving locals since 1997. The original branch in Al Fahidi is like stepping back in time. Sit in the shade and enjoy the traditional seafood dishes — particularly the Machboos Robyan (prawns with spiced rice). And, for one of the best meals I ate in Dubai, head to Three By Eva. This Lebanese restaurant in Jumeriah was full of locals (always a good sign), catching up over a Sunday brunch. The restaurant was founded by Jordanian TV personality Eva Halasa, along with her daughters Emily and Lilian, with an aim to cook and share their favourite Arabic food. They converted a Jumeirah villa into their eatery, creating a chic yet relaxed space. I'd been told to order the feta creme brûlée and it would be remiss of me not to pass on this wisdom – you will not regret it. Every time I go to Dubai I'm on a quest to find the best houmous (the stuff you buy in the supermarket is so not it) and the bowl I had here has to be up there. The vine leaves and fattoush are also a must. At one with nature You've probably already heard of the infamous dune bashing tours beloved by tourists who flock to Dubai. If you've never hopped in a jeep and clung on for dear life as you crash, skid and yes, bash, your way through the desert, it's quite the experience. However, this comes with a caveat. Dune bashing is the leading cause of 'desertification' – environmental degradation, causing vegetation and wildlife to be lost. That's where Platinum Heritage 's tours come in. Platinum Heritage aims to offer visitors a more sustainable way of seeing Dubai's awe-inspiring sandscapes. I was up at the absolute crack of dawn to join their Falconry and Nature Safari, which started at an eye-watering 6am. However, a driver will pick you up from your hotel, which eased the pain a little. We made our way to the desert and climbed into our vintage open-top Land Rover. Cruising along the near-isolated desert roads as the sun comes up isn't something I'll forget in a hurry. Next up, we arrived at our little desert camp where we learnt all about (and I mean all about) various birds of prey, in particular the falcon, the national bird of the UAE. On to a camel ride (our guides assured us that the wellness and treatment of the camels was a top priority for the company), and a traditional Bedouin breakfast. Granted, I won't be swapping fava beans for a bacon sarnie long term, but ful medames is pretty delicious. Then it's back in the Land Rover for a conservation drive. A word of warning: your passionate guide will tell you, in great detail, about the flora and fauna around you. We saw oyrxes, gazelles and lizards. If that's your thing, go for it, but this is by no means a whistle stop of the desert. If you're into nature, the 595 Dhs price tag (around £125) will be worth it. From the desert to the mountains, Hatta, around 130km of south-east of central Dubai, is a stunning town. Once known for its historic fort, it's now a favourite for those who are after some adventure. You can go mountain biking or, my personal favourite, hire a kayak and row along the stunning Hatta Dam. The rugged landscape is almost other-worldly. Or, you could book onto a horseback ride with Hatta Horses, for a hack on an Arabian horse. Rides start at 50 Dhs for 30 minutes. Take to the water I was pretty apprehensive about our booking with Hero Boats — I'm not exactly a proficient sailor (and once had to get rescued after crashing a tiny motorboat, but that's a story for another day). Hero Boats offer you the chance to drive your own boat along Dubai's iconic coastline. At first, it's terrifying (they go pretty fast), but once you get the hang of it (it's sort of like a jet ski, sort of like a mini RIB) your inner speed demon will come out. @whatsgooduae Water babies, boat enthusiasts and straight-up thrill seekers, this one's for you. Take control and embrace your need for speed with @heroboattours self-driven boats. See a side of Dubai's coastline that you've never seen before and enjoy a morning catching waves on the Arabian Gulf 🌊 📌 Hero Boats Tours, Dubai Harbour. #dxb #uae #dubai🇦🇪 #travel #ocean #sea ♬ Dile Austin Millz Remix – Austin Millz The groups are small (there were just four of us, two per boat) and the guide was with us at all times, checking we were safe, following close behind — and was on hand to take those all-important pictures too. It's not for the faint-hearted — and the water can get surprisingly choppy — but if you fancy a bit of an adrenaline buzz, this is for you. We sailed in the shadow of the iconic Burj Al Arab, admiring one of the Royal Family's many, many residences as their helicopter took off overhead. If, however, you prefer to lounge by the sea rather than battle the waves, Byron Bathers is a laid-back beach club on the shores of the Palm with views of the city. The whole place has a really friendly, unpretentious vibe — the opposite of what you'd imagine from a Dubai beach club. There's a pool if you're not into having the sand between your toes, or there's waiter service to your sun lounger down by the beach. The food is delicious too, with a focus on sustainable seafood. We ate a feast which included tuna tartare, chilli and garlic prawns and tomato and feta salad. As beach clubs go, it's not too pricey either. Day passes start from 150 Dhs (around £35), which is fully redeemable on food and drink. Dubai's local produce If you think Dubai is all superficial tourist traps, head to The Ripe Market, a community-led concept first founded more than 10 years ago to support home-grown businesses. Every weekend from October to May you can head down to the market at Academy Park in Jumeirah and while away an afternoon picking up one-of-a-kind products — and eating some delicious food too. In the summer months (when temperatures can exceed 43C), the market moves indoors, at various locations across the city. @whatsgooduae The perfect spot for fresh food, handmade goods and, my personal favourite vitamin – D 🌞, The @ripemarket is simply the best way to spend a Sunday afternoon. With so much to see, eat and do, I simply love wandering around and soaking up the sun amongst small business owners and local food vendors. 🌻 Special shout out to @baofrienduae for kickstarting my bao obsession! 🥰 📌 The Ripe Market, Police Academy. #food #dubaifood #dubai #fyp #ripemarket #dxb #uae #dubai🇦🇪 ♬ Get Ready – SUPER-Hi & NEEKA It's free to get into, and very family-friendly, with shady areas to eat, a kid's playground and activity areas. I shopped 'til I dropped… or as much as my baggage allowance would let me, picking up bespoke accessories including a hand-made tote bag from La Maison Angelique (my favourite stall at the market), a pair of pyjamas and silk hair bobbles. Lunch was bao buns at BaoFriend (apparently the best in the UAE), washed down with coconut water straight out of the coconut. Traders come from all over the world: we spoke to the Slovakian co-founder of Camp's Kitchen, a husband and wife duo who started selling small batch hot sauce in lockdown, and a family from Lebanon, who run Unpair Me, a business selling odd, but perfectly matched, socks. The UAE's largest mosque Okay, Sheikh Zayed Grand Mosque isn't in Dubai, it's in Abu Dhabi, but at just over an hour's drive away, you shouldn't miss it. Built between 1994 and 2007, the UAE's largest mosque is big enough to accommodate over 40,100 worshippers and is one of the few open to non-Muslim visitors. The pristine white marble walls (it was made using 90,000 tonnes of the stuff) are decorated with floral designs, inlaid with semi-precious stones. Inside, you won't miss the chandeliers, the largest of which weighs around 11 tonnes and is made with Swarovski crystals and 40kg of 24-karat gold. Visitors can enter for free, except during prayer times. You will be expected to dress modestly — those not dressed appropriately will be asked to change into an abaya (for women) or kandoura (for men), which are handed out for free. The verdict on Dubai If you want the glam Insta brunches and sun-soaked beach clubs (and the city has plenty), Dubai has to be top of your list. But that's not all it has to offer. For me, Dubai is full of happy memories: it's family reunions, building dams in the mountains, eating houmous (and more houmous), and jumping into the pool on Christmas Day. The people who live and work here are passionate about the city they've chosen to call home – I've already booked my next trip. Got an early flight? I'm not a morning person, so an airport hotel means starting my holiday off well-rested, and less likely to fight someone for a cup of coffee. It also eases any pre-travel anxiety, especially as a solo traveller. I stayed at Premier Inn London Gatwick Airport (North Terminal). Convenience is the hotel's USP, as it's literally across the road from Departures. The staff were super friendly, and the bed was huge. Despite being so close to the airport, once in my room, you could hear a pin drop. Bliss. You can also add airport parking to your booking. Standard double rooms at Premier Inn London Gatwick Airport (North Terminal) start at £104. This article was originally published on 16 January 2025. Do you have a story to share?

Seven highlights of Dubai beyond the glitzy skyscrapers
Seven highlights of Dubai beyond the glitzy skyscrapers

Sydney Morning Herald

time28-04-2025

  • Sydney Morning Herald

Seven highlights of Dubai beyond the glitzy skyscrapers

Dubai's version of an 'Old Town' is neatly contained along the western side of Dubai Creek. The well-preserved area, also referred to as Bastakiya, dates back to the 1890s and features traditional architecture of low-rise sand-hued dwellings topped with wind towers that are separated by narrow, winding streets. Wander on foot or join a tour on the open-air majlis-inspired Heritage Express trolley bus. 4 The Spice Souk The spice, gold and textile souks in Deira are the heart and soul of Old Dubai. Swamped with vendors selling everything from 'crystal menthol' to masala tea, this buzzy pocket is an absolute must for tea and herb junkies. Make a beeline for Mr Ali's store Rise, where he proudly sells saffron from his third-generation farm in Iran. (Don't let border control stop you from stocking up: dried herbs are allowed back in Australia as long as they're commercially packaged and declared). 5 The Majlis Gallery Among the labyrinthine streets in Al Fahidi District is one of the city's most prominent fine-art spaces, the Majlis Gallery. It displays work by artists from all over the region in a variety of mediums such as paintings, sculptures, glasswork and photography, and often hosts international artists-in-residence. Even if you don't plan on shipping home a piece, the gift shop has abundant objets d'art that could easily slip into a suitcase. See 6 Out of the frying pan Led by long-time locals and sisters Arva and Farida Ahmed, walking food tour company Frying Pan Adventures is the unofficial authority on authentic dining in the emirate. Their longest-running tour 'Middle Eastern Food Tour Pilgrimage' explores Deira, the area where the women grew up and still live. This almost four-hour moveable feast features everything from Palestinian falafels to Iraqi fare and Arabic baklava. See 7 The hotel few know about Inexpensive XVA Art Hotel (rooms from AED450/$190) is tucked down a narrow alleyway in Al Fahidi District and is one of Dubai's best kept secrets. The boutique hotel occupies a heritage-listed, 100-year-old house and its 15 rooms are scattered around three courtyards, each with a different design. It's the only hotel within the area and doubles as an art gallery, with the onsite shop providing a tailoring service and selling souvenirs such as camel milk soap and jewellery. See Loading

Seven highlights of Dubai beyond the glitzy skyscrapers
Seven highlights of Dubai beyond the glitzy skyscrapers

The Age

time28-04-2025

  • The Age

Seven highlights of Dubai beyond the glitzy skyscrapers

Dubai's version of an 'Old Town' is neatly contained along the western side of Dubai Creek. The well-preserved area, also referred to as Bastakiya, dates back to the 1890s and features traditional architecture of low-rise sand-hued dwellings topped with wind towers that are separated by narrow, winding streets. Wander on foot or join a tour on the open-air majlis-inspired Heritage Express trolley bus. 4 The Spice Souk The spice, gold and textile souks in Deira are the heart and soul of Old Dubai. Swamped with vendors selling everything from 'crystal menthol' to masala tea, this buzzy pocket is an absolute must for tea and herb junkies. Make a beeline for Mr Ali's store Rise, where he proudly sells saffron from his third-generation farm in Iran. (Don't let border control stop you from stocking up: dried herbs are allowed back in Australia as long as they're commercially packaged and declared). 5 The Majlis Gallery Among the labyrinthine streets in Al Fahidi District is one of the city's most prominent fine-art spaces, the Majlis Gallery. It displays work by artists from all over the region in a variety of mediums such as paintings, sculptures, glasswork and photography, and often hosts international artists-in-residence. Even if you don't plan on shipping home a piece, the gift shop has abundant objets d'art that could easily slip into a suitcase. See 6 Out of the frying pan Led by long-time locals and sisters Arva and Farida Ahmed, walking food tour company Frying Pan Adventures is the unofficial authority on authentic dining in the emirate. Their longest-running tour 'Middle Eastern Food Tour Pilgrimage' explores Deira, the area where the women grew up and still live. This almost four-hour moveable feast features everything from Palestinian falafels to Iraqi fare and Arabic baklava. See 7 The hotel few know about Inexpensive XVA Art Hotel (rooms from AED450/$190) is tucked down a narrow alleyway in Al Fahidi District and is one of Dubai's best kept secrets. The boutique hotel occupies a heritage-listed, 100-year-old house and its 15 rooms are scattered around three courtyards, each with a different design. It's the only hotel within the area and doubles as an art gallery, with the onsite shop providing a tailoring service and selling souvenirs such as camel milk soap and jewellery. See Loading

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store