About Athulya
Athulya is a company based in Chennai (India) founded in 2017.. Athulya has raised $18.65 million across 3 funding rounds from investors including Morgan Stanley, North Haven India Infrastructure Fund and Saranga Investments And Consultancy. The company has 424 employees as of June 20, 2024. Athulya operates in a competitive market with competitors including Sunrise Senior Living, Brookdale, Epoch Elder Care, Sonida Senior Living and Ashiana Housing, among others.
- Headquarter Chennai, India
- Employees 424 as on 20 Jun, 2024
- Stage Minicorn
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Athulya Assisted Living Private Limited
- Date of Incorporation 11 Nov, 2016
- Jurisdiction Chennai City Corporation, Tamil Nadu, India
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Annual Revenue
$2.62 M (USD)112.98as on Mar 31, 2023
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Net Profit
$-1.65 M (USD)-387.8as on Mar 31, 2023
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EBITDA
$-1.5 M (USD)-418.94as on Mar 31, 2023
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Total Equity Funding
$18.65 M (USD)
in 3 rounds
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Latest Funding Round
$9.34 M (USD), Series A
Jan 05, 2023
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Investors
Morgan Stanley
& 6 more
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Employee Count
424
as on Jun 20, 2024
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Funding Insights of Athulya
Athulya has successfully raised a total of $18.65M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $9.34 million completed in January 2023. 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 Total Funding
- Total Rounds 3
- Last Round Series A — $9.3M
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First Round
First Round
(20 Jul 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series A - Athulya | Valuation | North Haven India Infrastructure Fund , Morgan Stanley |
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| Dec, 2022 | Amount | Seed - Athulya | Valuation | A R Foundation , A R Foundation | |
| Jul, 2021 | Amount | Seed - Athulya | Valuation | A R Foundation , A R Foundation |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Athulya
Athulya has secured backing from 7 investors, including institutional and angel investors. Prominent investors backing the company include Morgan Stanley, North Haven India Infrastructure Fund and Saranga Investments And Consultancy. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Infrastructure investments are targeted across multiple sectors in India.
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Founded Year | Domain | Location | |
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Wealth management, investment advisory, and financial services are provided.
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Founded Year | Domain | Location | |
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SME loans are provided to small and medium enterprises.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Athulya
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Athulya
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Athulya Comparisons
Competitors of Athulya
Athulya 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 Sunrise Senior Living, Brookdale, Epoch Elder Care, Sonida Senior Living and Ashiana Housing, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Personalized senior living services are provided to elderly residents.
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| domain | founded_year | HQ Location |
Nursing and senior living center services are provided nationwide.
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| domain | founded_year | HQ Location |
Assisted living homes and care services for seniors are provided.
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| domain | founded_year | HQ Location |
Provider of senior living communities offering independent living, assisted living, and memory care services
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| domain | founded_year | HQ Location |
Age-friendly homes are developed for senior living communities.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Athulya
Frequently Asked Questions about Athulya
When was Athulya founded?
Athulya was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Athulya located?
Athulya is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Is Athulya a funded company?
Athulya is a funded company, having raised a total of $18.65M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.11M, raised on Jul 20, 2021.
How many employees does Athulya have?
As of Jun 20, 2024, the latest employee count at Athulya is 424.
What is the annual revenue of Athulya?
Annual revenue of Athulya is $2.62M as on Mar 31, 2023.
What does Athulya do?
Athulya was founded in 2017 in Chennai, India, within the senior care sector. Operations focus on assisted living facilities and independent living homes for senior citizens. Services include elderly care, rehabilitation, physiotherapy, and additional healthcare support delivered by skilled professionals. Premium home-based options are offered to meet various needs in the region.
Who are the top competitors of Athulya?
Athulya's top competitors include Brookdale, Ashiana Housing and Sunrise Senior Living.
Who are Athulya's investors?
Athulya has 7 investors. Key investors include Morgan Stanley, North Haven India Infrastructure Fund, Saranga Investments And Consultancy, A R Foundation, and Sheetala Credit And Holdings.
What is Athulya's valuation?
The valuation of Athulya is $17.76M as of Jan 2023.
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