Get your founder story featured
Women Can Startup

Founder Story · Femtech · Hormonal Health · Gurugram

Monica Bindra built LAIQA Wellness around the hormonal problems Indian medicine treats too late

Hormonal conditions are widespread among Indian women and are usually caught years after they start. LAIQA answers them in the place women already spend their day, which is a WhatsApp chat.

By Richa SinhaPublished 3 August 20269 min read
Monica Bindra built LAIQA Wellness around the hormonal problems Indian medicine treats too late
Share this story

Hormonal health occupies a strange position in Indian medicine. The conditions involved are extremely common. Polycystic ovary syndrome affects a large share of Indian women of reproductive age, thyroid disorders are widespread, and insulin resistance sits underneath a great deal of the country's metabolic disease. Yet the symptoms are routinely normalised for years before anyone investigates.

Irregular periods get described as normal. Fatigue is attributed to a busy life. Weight changes, acne, hair loss and disturbed sleep are each treated as separate cosmetic annoyances rather than as a pattern pointing somewhere. By the time a diagnosis arrives, the condition has usually been running for years.

LAIQA Wellness, founded in 2023 and led by Monica Bindra, is built on the argument that this is a tracking problem as much as a treatment one. Hormones fluctuate through a cycle by design, so a single test on a single day is a poor instrument. The company raised from IvyCap Ventures to pursue that idea.

The gap the company was built into

Conventional care for hormonal conditions in India tends to be episodic. A woman notices symptoms, waits, eventually sees a doctor, gets a blood test on whatever day the appointment happened to fall, and receives a prescription. She may then be largely on her own until something else goes wrong.

The mismatch is that hormonal health is not episodic at all. It varies across a menstrual cycle in a predictable pattern, and it responds to sleep, stress, diet and activity over weeks and months rather than in a single consultation. A model built around occasional appointments is poorly shaped for a system that changes daily.

There is a second problem, which is that so much of what these conditions produce is dismissed. Symptoms that a woman is told to accept as ordinary are frequently the early signal of something treatable. A model that takes the pattern seriously earlier is not only more convenient, it changes when intervention becomes possible.

What LAIQA does

LAIQA covers most of what actually goes wrong. Periods, hormones, weight, gut health, hair fall, stress, sleep, nutrition, insulin resistance, PMOS, thyroid trouble, and the years around menopause. The point is that it keeps watching. A blood test tells you about one morning. Hormones do not work like that, so the picture is built up over months and changes as you do.

All of it reaches women through Anya by Laiqa, a clinician-supervised, AI health companion that lives inside WhatsApp. You message it the way you would message a friend. You ask what you want to ask, and the answer comes back in the same chat. Nothing to download, no account to create, nothing new to learn.

Putting it there was a deliberate reading of how Indian women actually live. A woman running a job, a household and her own health wants an answer at the moment the worry arrives, which is usually late at night and almost never at a convenient hour. She is not going to set aside time to consult something. She has a phone in her hand and about four minutes.

WhatsApp is where those four minutes are. Women who would never call themselves good with technology use it all day, and it works on a cheap phone and a weak signal. The format suits the subject too. Typing an awkward question about your period or your hair falling out is far easier than saying it out loud to a stranger in a crowded clinic.

The company says it combines modern clinical science with Ayurveda. That pairing deserves scrutiny, and the right test is whether the clinical claims stand up. It does match how Indian women handle these conditions in real life, though, which usually involves a doctor and a home remedy at the same time. A service that accepts both is likely to be followed. One that demands you pick a side usually is not.

What Anya actually is

The company describes Anya as a clinician-supervised, WhatsApp-first hormonal-health protocol, launched publicly in May 2026. Underneath the chat interface it scores across five physiological drivers, which are insulin, cortisol and stress, inflammatory and androgen, gut, and thyroid and metabolic, and it covers PMOS, thyroid conditions and peri-menopause and menopause.

Two words in that description carry most of the weight. Clinician-supervised is the one that separates this from the large number of wellness chatbots willing to dispense confident advice with no medical oversight at all. In a domain where bad guidance can delay a real diagnosis, having clinicians standing behind the protocol is the difference between a health product and a content product.

Scoring across five drivers rather than treating each symptom separately is the other. It reflects how these conditions actually behave, since insulin resistance, stress, inflammation, gut health and thyroid function are entangled, and a woman presenting with hair fall and irregular cycles is usually experiencing several of them at once. Indian medicine tends to route her to different specialists who each address one piece. A framework that reads the drivers together is closer to the underlying biology.

The founding team and the funding

LAIQA Wellness was founded in August 2023 by Monica Bindra and is based in Gurugram. She is its chief executive. The company is led by its co-founders, Monica Bindra and Aashish Tripathi, an IIT alumnus who joined on 1 March 2026.

In August 2024 the company raised a seed round from IvyCap Ventures. The stated use of the capital at the time was to build out the technology side of the business, specifically personalised hormonal health tracking and the recommendation engine. That technology now powers Anya.

IvyCap is an interesting backer for this category. It is a domestic institutional fund rather than an impact investor, which means the round reflects a commercial judgement about market size rather than a social one. Indian femtech has historically struggled to raise, partly because a largely male investor base underestimated both the prevalence of these conditions and women's willingness to pay to manage them. A conventional fund writing a seed cheque here suggests that reading is shifting.

Why this is a hard business as well as a needed one

It is worth being clear-eyed about the difficulty. Chronic-condition management is one of the harder consumer health models anywhere. Engagement decays. People adhere enthusiastically for a few weeks and then drift, particularly when the payoff is slow and invisible, which is exactly the case with hormonal health where improvements arrive over months.

There is also the question of clinical credibility. A company operating in this space has to be genuinely rigorous, because the category has plenty of wellness products making confident claims on thin evidence. The line between personalised health guidance and unfounded advice is one that only sustained clinical discipline keeps a company on the right side of.

The counterweight is that the underlying need is not in doubt and is not going away. These conditions are chronic, extremely common, poorly served by episodic care, and increasingly recognised by the women who have them. A company that manages engagement and keeps its clinical standards high is addressing something structural rather than fashionable.

Founder Snapshot

Name
Monica Bindra
Company
LAIQA Wellness
Role
Founder & CEO
Leadership
Co-founders Monica Bindra (Founder) and Aashish Tripathi, an IIT alumnus who joined on 1 March 2026
Founded
August 2023
Headquarters
Gurugram, Haryana
Sector
Femtech, hormonal and menstrual health
Focus
Personalised support across periods, hormones, weight, gut health, hair fall, stress, sleep, nutrition, insulin resistance, PMOS, thyroid and peri-menopause and menopause and more
Product
Anya by Laiqa, a WhatsApp-based AI health companion
Funding
Seed round from IvyCap Ventures (August 2024)

Monica Bindra’s net worth and ownership

There is no verified public net-worth figure for Monica Bindra. LAIQA Wellness is an early-stage private company founded in 2023, its valuation has not been disclosed, and the shareholding split among its co-founders is not on the public record.

At this stage of a company's life the question is close to meaningless in any case. A seed-stage founder's equity is a claim on an outcome that has not happened yet, in a business still establishing whether its model retains users. The verifiable facts are the founding date, the team, the product and the seed round from IvyCap Ventures. Any figure beyond that is invention.

What Monica Bindra’s story teaches Indian founders

The first lesson is that normalised suffering is an underexplored category of opportunity. Irregular cycles, persistent fatigue and unexplained weight change are so routinely dismissed in Indian women's lives that the scale of the underlying problem stays invisible. When a large group has been taught to accept a condition rather than treat it, the market looks smaller than it is, and that gap between real need and apparent demand is where a serious company can be built.

The second is about matching the product to the shape of the problem. Hormonal health varies across a cycle, so a service organised around occasional appointments and single blood tests is structurally mismatched to it. Building around continuous tracking is not a technology flourish, it is the model finally fitting the biology. Founders should ask whether the incumbent solution is shaped like the problem or merely like the industry that grew around it.

The third concerns working with existing behaviour rather than against it. Indian women managing these conditions commonly use both clinical medicine and traditional remedies. A company that insists they abandon one half of that will lose adherence, whatever the evidence says. Designing for how people actually behave, while keeping the clinical claims honest, is harder than choosing a side and usually works better.

Frequently asked questions about Monica Bindra and LAIQA Wellness

Who is Monica Bindra?

Monica Bindra is the founder and CEO of LAIQA Wellness, a Gurugram-based femtech company focused on hormonal health, which she founded in August 2023. LAIQA is led by its co-founders, Monica Bindra and Aashish Tripathi, an IIT alumnus who joined on 1 March 2026.

What does LAIQA Wellness do?

LAIQA helps women manage hormonal and related health through Anya by Laiqa, an AI health companion delivered over WhatsApp. It covers periods, hormones, weight, gut health, hair fall, stress, sleep, nutrition, insulin resistance, PMOS, thyroid and peri-menopause and menopause and more, giving personalised guidance in an ordinary chat.

What is Anya by Laiqa?

Anya by Laiqa is a WhatsApp AI chatbot helping women access personalised support for periods, hormones, weight, gut, hair fall, stress, sleep, nutrition, insulin resistance, PMOS, thyroid, peri-menopause and menopause and more.

How much funding has LAIQA Wellness raised?

LAIQA raised a seed round from IvyCap Ventures in August 2024, to build out personalised hormonal health tracking and its recommendation engine. That technology now powers Anya.

Why is hormonal health underserved in India?

Because the symptoms are routinely normalised. Irregular periods, fatigue, weight change, acne and hair loss are commonly dismissed or treated as separate cosmetic issues rather than as a pattern, so conditions such as PMOS and thyroid disorders are often diagnosed years after they begin.

What is Monica Bindra’s net worth?

There is no verified public net-worth figure. LAIQA Wellness is an early-stage private company that has not disclosed a valuation, and the shareholding among its co-founders is not public, so any figure circulating online is unverified.

Richa Sinha, Founder & Editor of Women Can Startup

Richa SinhaFounder & Editor, Women Can Startup

She writes long-form, fact-led biographies of the women building India's startups, reported only from the public record: primary sources, filings and verifiable reporting, never press releases.

More about the editor →

Your story could be next

Building a startup of your own?

We publish researched, permanent founder features like this one — profiles that keep ranking for your name and your company long after a social post fades. Sponsored placement, quoted per founder, with a guaranteed publish date.

Our newsletter

The Bright Story

If this one stayed with you, get the next one before chai — a single women-led story, researched and anchored only in verifiable facts. No noise, unsubscribe anytime.

Comments

No comments yet — be the first to add one.

Just launchedStorefront by Women Can Startup

Turn your Instagram bio into a shop.

Show your products with prices on one link. Buy now opens your website, or WhatsApp with the order already typed. Made for Indian brands.

Try it free

7 days

No card needed, then ₹399 a month

Start free for 7 daysSee a live demo store →