Indian healthcare platform GOQii Inc announced Wednesday its Series C funding round of $50 million led by Sumeru Ventures, a global fund with a focus on next generation technology areas.

GOQii said in a statement that the company has raised funding across equity, preference shares, notes and debt. Modality (Digality), a provider of primary health care and community services across the United Kingdom, also participated the round.

Other investors included 9 Unicorns, Venture Catalysts, funds advised by MegaDelta, Mitsui, The Times Group, Ascendo, Akbar Khan and Sanjay Narang. The venture debt funding was led by Blacksoil Capital and Trifecta Capital.

GOQii’s existing investors include Mitsui, funds advised by MegaDelta, DSG Consumer Partners, Galaxy Digital, Denlow Investment Trust, Edelweiss, Cheetah Mobile, GWC, Ratan Tata, Vijay Shekhar Sharma, Pravin Gandhi, Amit Singhal.

GOQii said it would use the funding to grow the insurance and digital therapeutics vertical in India. The solutions would be first of its kind offerings taking the benefits of digital health to a large section of the population. The insurance product would reward users for healthy behaviour by way of a health insurance.

The firm is also targeting several therapeutic areas across diabetes, women’s health, radiology, etc. through its digital therapeutics offerings. It is also set to launch its international offerings focusing on various solutions around preventive healthcare

“We are delighted to onboard Sumeru Ventures and all other investors. GOQii has been a pioneer in the connected health ecosystem in India. We are strong believers in the positive impact preventive healthcare technology can create in the lives of millions of people in India and globally. This funding round would help GOQii not only strengthen its current offerings but also expand in insurance, digital therapeutics and international markets, where the foundation has already been built by us over the years,” said Vishal Gondal, Founder and Chief Executive Officer of GOQii.

Founded in 2014 by serial entrepreneur and Gaming Guru, Vishal Gondal, GOQii is empowering consumers globally to lead healthier and better lives. Its smart-tech-enabled healthcare platform brings together the entire preventive healthcare ecosystem.

Its Smart Health Ecosystem integrates tools for real-time personalized coaching, an explosive high-growth health e-commerce store, scheduling health check-ups, a health locker, and a unique ‘GOQii Cash’ program where healthy behaviour is rewarded with cash discounts and insurance discounts based on health management data.

Given the state of “Sickcare” delivery infrastructure in India, the company strongly believes that preventive healthcare is the only viable, long-term, mass-market solution

“We are delighted to invest in GOQii and join this shared journey of positive impact making. Health is a fundamental need which can not be met with the traditional curative infrastructure alone. GOQii has been a significant contributor to the preventive healthcare ecosystem in India. We are confident that this funding round would help GOQii scale it to further heights,” said Saumen Chakraborty, Managing Director at Sumeru Venture.

GOQii recently also made senior level additions to its team. Last year it hired Rohit Pareek, a senior investment banker, as Chief Financial Officer and Head Corporate Development. Rohit has previously worked with Jefferies, JM Financial and The Times Group.

The firm has also been at the forefront of creating awareness about preventive healthcare in India. It has been the first official partner of the Fit India Movement. Its solutions have benefited millions of customers to manage as well as avoid chronic health conditions by inculcating healthy lifestyle changes.