About Apollo 24|7
Apollo 24|7 is a company based in Hyderabad (India) founded in 1983 by Shamik Banerjee. Apollo 24|7 has raised $297.01 million across 1 funding round from investors including Advent International and Rasmeli. The company has 1,954 employees as of June 24, 2024. Apollo 24|7 offers products and services including Online Pharmacy, Doctor Consultation, and Lab Tests at Home. Apollo 24|7 operates in a competitive market with competitors including MediBuddy, Practo, API Holdings, Mfine and CallHealth, among others.
- Headquarter Hyderabad, India
- Employees 1954 as on 24 Jun, 2024
- Founders Shamik Banerjee
- Stage Unicorn
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Apollo Healthco Limited
- Date of Incorporation 16 Jun, 2020
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$806.21 M (USD)74.17as on Mar 31, 2023
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Net Profit
-$33.71 M (USD)-511.66as on Mar 31, 2023
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EBITDA
-$24.25 M (USD)-292.41as on Mar 31, 2023
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Total Equity Funding
$297.01 M (USD)
in 1 rounds
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Latest Funding Round
$297.01 M (USD), Private Equity Round
Apr 26, 2024
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Investors
Advent International
& 1 more
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Employee Count
1954
as on Jun 24, 2024
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Products & Services of Apollo 24|7
Apollo 24|7 offers a comprehensive portfolio of products and services, including Online Pharmacy, Doctor Consultation, and Lab Tests at Home.
Platform for purchasing medicines with fast home delivery
Service for video or chat-based health advice from experts
On-demand testing services with sample collection at home
People of Apollo 24|7
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Funding Insights of Apollo 24|7
Apollo 24|7 has successfully raised a total of $297.01M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $297.01 million completed in April 2024. 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.
Investors in Apollo 24|7
Apollo 24|7 has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Advent International and Rasmeli.
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Private equity firm focused on multiple sectors
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Investor details for Apollo 247
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Investments & Acquisitions by Apollo 24|7
Investment portfolio details for Apollo 247
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Financial Statements - Apollo 247
Detailed financials for Apollo 247
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Apollo 24|7 Comparisons
Peer comparison for Apollo 247
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Competitors of Apollo 24|7
Apollo 24|7 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MediBuddy, Practo, API Holdings, Mfine and CallHealth, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online platform offering multiple healthcare services
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Doctor appointments are booked and healthcare professionals are consulted online.
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Digital healthcare tools are offered for pharmacies and clinics management.
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Provider of online doctor consultations, at-home lab tests, and health packages
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Integrated at-home healthcare services, including tele-consultation and diagnostics, are provided.
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Healthcare services are delivered via an online platform.
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Detailed competitors of Apollo 247
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Latest news on Apollo 24|7
Complete news archive for Apollo 247
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Frequently Asked Questions about Apollo 24|7
Apollo 24|7 was founded in 1983 and raised its 1st funding round 41 years after it was founded.
Apollo 24|7 is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Madhivanan Balakrishnan is the current CEO of Apollo 24|7.
Apollo 24|7 is a funded company, having raised a total of $297.01M across 1 funding round to date.
As of Jun 24, 2024, the latest employee count at Apollo 24|7 is 1,954.
Annual revenue of Apollo 24|7 is $806.21M as on Mar 31, 2023.
Apollo 247 was established in 1983 in Hyderabad, India, within the healthcare sector. Online pharmacy operations are managed, encompassing doctor consultations and appointment scheduling. Doctors can be searched and appointments booked according to user requirements. Medications for ailments including diabetes, pain relief, colds, and fevers are ordered through the platform. Services extend to various disease management needs in the digital health space.
Apollo 24|7 offers Online Pharmacy, Doctor Consultation, and Lab Tests at Home.
Apollo 24|7 has 2 investors. Key investors include Advent International, and Rasmeli.
The valuation of Apollo 24|7 is $1.77B as of Apr 2024.