Address Health

Bengaluru, India Founded: 2010 • Age: 16 yrs Minicorn
Pediatric health services are provided through a chain of clinics.

About Address Health

Address Health is a Healthcare company based in Bengaluru (India) founded in 2010 by Anand Lakshman and Anoop Radhakrishnan. Pediatric health services are provided through a chain of clinics. Address Health has raised $2.17 million across 4 funding rounds from investors including Gray Matters Capital, Capria and Minaxiben Garg. The company has 39 employees. Address Health was last valued at $4.96 million in May 2016. Its chief executive, as recorded, is Anand Lakshman. Its Indian entity Addresshealth Solutions India Private Limited reported revenue of β‚Ή10.85 Cr. Address Health offers products and services including Health Checks, Health Education, Medical Room, and Nurturing Schools Program. Its focus areas include Clinic Chains, Specialty Clinics and Pediatrics. Its competitors include BabyMD, SKIDS and Mango Town; 1 of its 3 listed competitors has raised funding.

Company details

Address Health was founded in 2010 in Bengaluru, India, where a chain of pediatric clinics is operated in the healthcare sector. Services encompass routine health checks, health education, psychological assessment and support, infirmary care, the Nurturing Schools Program, and mobile tools. Operations focus on child wellness across these areas, with leadership including co-founders Anand Lakshman as CEO and Anoop Radhakrishnan as CMO.

Key Metrics
  • Annual Revenue
    ₹10.85 Cr

    FY 2024 · +38% YoY

  • Net Profit
    ₹45.7 Lakh

    FY 2024 · 4% margin

  • EBITDA
    ₹76.9 Lakh

    FY 2024 · 7% margin

  • Total Equity Funding
    $2.17M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.5M (USD), Series A

    May 2016

  • Investors
  • Employee Count
    39

Products & Services of Address Health

Address Health offers a comprehensive portfolio of products and services, including Health Checks, Health Education, Medical Room, and Nurturing Schools Program.

Health Checks
Medical Service

Periodic examinations to ensure student health and wellness

Health Education
Educational Service

Structured curriculum promoting healthy habits for children

Medical Room
On-site Care

Infirmary services for immediate medical support in schools

Nurturing Schools Program
Mental Health Service

Programs improving emotional wellbeing for young students

Funding Insights of Address Health

Address Health has successfully raised a total of $2.17M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.5 million completed in May 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $2.17M
  • Total Rounds 4
  • Last Round Series A β€” $1.5M
  • First Round $154,822

    (May 2012)

  • Investors Count 13

All 4 funding rounds of Address Health with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2016$1.5MSeries A$4.96MGray Matters Capital
Jun 2014$333,000Seed$1.59MCapria
–
Mar 2014$183,420Angel Round$β€’β€’β€’β€’β€’Minaxiben Garg
May 2012$154,822Angel Round$β€’β€’β€’β€’β€’Srinivas Naik
Valuation history
DateValuationStage
May 2016$4.96Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2014$1.59Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2014$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
May 2012$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Address Health

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Last known valuation $4.96M (May 2016). 13 investors in total: 2 institutional and 11 angel.

Investors in Address Health

Address Health has secured backing from 13 investors, including venture fund and angel investors. Prominent investors backing the company include Gray Matters Capital, Capria and Minaxiben Garg.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Potato farming, grain marketing, and equipment services in Maine.
2006graymatterscap.comAtlanta, United States
Venture capital firm investing in applied generative AI
capria.vcSeattle, United States

Minaxiben Garg

unknown_5b8050701aac4f8f8

P S Ahalya

unknown_6adb4bd6c6184590b

Srinivas Naik

unknown_3d4330c306f84e4c8

P Krishnamurthy

unknown_afdf8f93722a475b8

M Janardhan Baliga

unknown_b58041b9df2e4abeb

Raju Narayana

unknown_2d9cf1a149cf43639

Madhusudhan Mali

unknown_279329a883f141b39

Divya Padubidri

unknown_adfa1b939a9d4252a
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Investor details for Address Health

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Board of directors of Addresshealth Solutions India Private Limited (Address Health)

Addresshealth Solutions India Private Limited is the primary company behind Address Health. The board of Addresshealth Solutions India Private Limited currently have 2 directors; the longest-serving is Radhakrishnan Anoop, appointed in 2010. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Radhakrishnan Anoop
DIN 00132122
Director30 Mar 201016 yrs 7 moAddresshealth Solutions India Private Limited
Anand Lakshman
DIN 02902427
Director30 Mar 201016 yrs 7 moAddresshealth Solutions India Private Limited

People of Address Health

2 people are tracked at Address Health (2 in leadership); the tracked headcount is 39.

NameRoleGroup
Co-Founder & CEOLeadership
Co-Founder & CMOLeadership
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Financials of Address Health

Figures of Addresshealth Solutions India Private Limited, the primary company behind Address Health, for FY 2024. Revenue was ₹10.85 Cr (+38% year on year). Net profit was ₹45.7 Lakh (4% margin). EBITDA was ₹76.9 Lakh (7% margin). Revenue has grown at a compounded annual rate of +72% over three years and +17% over five years.

  • ₹10.85 CrRevenue · FY 2024 · +38% YoY
  • ₹45.7 LakhNet profit · 4% margin
  • ₹76.9 LakhEBITDA · 7% margin
  • ₹10.1 LakhPaid-up capital
  • 39Employees (provident fund records)
  • +72%Revenue CAGR, 3 years
  • +17%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Addresshealth Solutions India Private Limited are on its company page.

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Detailed financial statements for Address Health

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Timeline of Address Health

4 dated milestones of Address Health across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Address Health is founded.
  2. Funding First funding round of $155K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $1.5M.

Competitors of Address Health

Address Health has 3 listed competitors in our database, 1 of them funded. They include BabyMD, SKIDS and Mango Town.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
babymd.in2024Bengaluru, India$98,93731
Pediatric consultations, therapy, and vaccination support are provided online.
skids.health2019Bengaluru, India
Operates a chain of specialized pediatric clinics.
mangotown.in2023Kolkata, India
Offers specialized therapies for autism, ADHD, and other pediatric conditions.
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Web traffic of Address Health

The website of Address Health (addresshealth.in) receives about 1.3K visits a month.

  • Monthly visits
    1.3K

    ▲ 724.9% vs previous month

Top companies in Hospitals & Clinical Care

3 companies that operate in the same segment as Address Health (Hospitals & Clinical Care) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Maternity, childcare, and fertility services are delivered via hospital chains.
2007Bengaluru, Karnataka, IndiaUSD 204.87 MUSD 140.46 M6,354
Chain of oncology hospitals
1989Bengaluru, Karnataka, IndiaUSD 36.59 MUSD 270.51 M321
Chain of multi-super specialty healthcare hospitals
2004Gurugram, Haryana, IndiaUSD 104.7 MUSD 461.72 M12,240
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Related news about Address Health

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Complete news archive for Address Health

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Articles about Address Health on our blog

Frequently Asked Questions about Address Health

Address Health was founded in 2010 and raised its 1st funding round 2 years after it was founded.

Address Health is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Anand Lakshman is the CEO of Address Health, as recorded in our data. They have also founded this company.

Address Health is a funded company, having raised a total of $2.17M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $154.82K, raised on May 2012.

Address Health has 39 employees.

The primary company behind Address Health, Addresshealth Solutions India Private Limited, reported revenue of β‚Ή10.85 Cr for FY 2024, up 38% year on year.

Address Health was founded in 2010 in Bengaluru, India, where a chain of pediatric clinics is operated in the healthcare sector. Services encompass routine health checks, health education, psychological assessment and support, infirmary care, the Nurturing Schools Program, and mobile tools. Operations focus on child wellness across these areas, with leadership including co-founders Anand Lakshman as CEO and Anoop Radhakrishnan as CMO.

Address Health's top competitors include BabyMD, SKIDS and Mango Town.

Address Health offers Health Checks, Health Education, Medical Room, and Nurturing Schools Program.

Address Health has 13 investors. Key investors include Gray Matters Capital, Capria, Minaxiben Garg, P S Ahalya, and Srinivas Naik.

The valuation of Address Health is $4.96M as of May 2016.

Address Health operates through Addresshealth Solutions India Private Limited.

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