<ul data-eligibleForWebStory="false"><li>Venture capital firm Peak XV Partners has invested in the fertility-focused healthtech startup Luma Fertility, backing the startup's $4 million seed funding round led by its seed platform, Surge.</li><li>Luma Fertility plans to use the funding to expand its presence in Mumbai and aims to establish 50 clinics in metro cities to address the growing concern of infertility in India.</li><li>Founded in 2024 by Neha Motwani, who previously founded Fitternity, Luma Fertility aims to revolutionize fertility care in India by offering services such as IVF, egg and embryo freezing, and at-home semen analysis.</li><li>The market for fertility treatments in India is expected to reach $5 billion by 2033, with Luma Fertility competing with both new-age startups and established players in the industry.</li></ul>

Peak XV Invests In Fitternity Founder’s Fertility Startup Luma

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