HempStreet funding, investors and company details

HempStreet is an emerging Healthcare - Ayurvedic startup from Gurugram, working in the space of Ayurvedic cannabis. Founded by Abhishek Mohan, Aradhna Rai, Shrey Jain.

Company: Hempstreet Medicare Private Limited
Sector: Healthcare - Ayurvedic
Location: Gurugram
Founders: Abhishek Mohan, Aradhna Rai, Shrey Jain
Total funding raised: ₹8.34 Cr

Company overview

HempStreet is India’s first research-to-retail venture in the Ayurvedic cannabis sector, focused on developing, validating, and responsibly delivering cannabis-based Ayurvedic medicines. The company works closely with leading scientists and researchers to conduct R&D on safe, effective formulations, which are prescribed through a large nationwide network of medical practitioners and clinics rather than sold directly to consumers. HempStreet aims to promote clinically guided and responsible use of cannabis, particularly for pain management and chronic health conditions, while combining traditional Ayurvedic knowledge with modern scientific research to serve a large and growing patient base across India.

Funding rounds

Latest round (Pre Series A): $ 1.00 Mn (₹8.34 Cr.), 2023-11-28. Investors: Carl Waahlin