About BeatO
BeatO is a company based in Delhi (India) founded in 2015 by Kunal Kinalekar, Gautam Chopra, and Yash Sehgal. It operates as a HealthTech, and Subscription Services. BeatO has raised $50.83 million across 12 funding rounds from investors including Flipkart, PharmEasy and Kotak Mahindra Bank. The company has 142 employees as of April 02, 2024. BeatO has completed 1 acquisition, including Novique Health. BeatO offers products and services including Smart Glucometer and Diabetes Care Program. BeatO operates in a competitive market with competitors including Smit.fit, Diabeto, 7Sugar, JoyHealth and Inayo, among others.
- Headquarter Delhi, India
- Employees 142 as on 02 Apr, 2024
- Founders Kunal Kinalekar, Gautam Chopra, Yash Sehgal
- Stage Minicorn
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Health Arx Technologies Pvt. Ltd.
- Date of Incorporation 12 Aug, 2015
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$2.74 M (USD)8.61as on Mar 31, 2023
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Net Profit
$-6.77 M (USD)-21.11as on Mar 31, 2023
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EBITDA
$-7.35 M (USD)-28.04as on Mar 31, 2023
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Total Equity Funding
$50.83 M (USD)
in 12 rounds
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Latest Funding Round
$170.71 K (USD), Series B
Apr 24, 2023
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Investors
Flipkart
& 51 more
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Employee Count
142
as on Apr 02, 2024
- Investments & Acquisitions
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Products & Services of BeatO
BeatO offers a comprehensive portfolio of products and services, including Smart Glucometer and Diabetes Care Program. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A USB-connected device for tracking blood sugar levels.
A comprehensive program for managing diabetes effectively online.
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Funding Insights of BeatO
BeatO has successfully raised a total of $50.83M across 12 strategic funding rounds. The most recent funding activity was a Series B round of $170.71 thousand completed in April 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 12
- Last Round Series B — $170,705
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First Round
First Round
(28 Dec 2015)
- Investors Count 52
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series B - BeatO | Valuation |
investors |
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| Feb, 2023 | Amount | Series B - BeatO | Valuation | Republic |
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| Aug, 2022 | Amount | Series B - BeatO | Valuation | Lightrock India |
| 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 BeatO
BeatO has secured backing from 52 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Flipkart, PharmEasy and Kotak Mahindra Bank. 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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Venture capital fund focused on early stage companies
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Founded Year | Domain | Location | |
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Investments in healthcare companies across India and the US, focusing on building startups in sectors like mental health and diabetes management.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage investments
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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 BeatO
BeatO has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Novique Health. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online teleconsultation for diabetes management is provided.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - BeatO
| 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 |
Beato Comparisons
Competitors of BeatO
BeatO 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 Smit.fit, Diabeto, 7Sugar, JoyHealth and Inayo, 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 |
Provider of diet and fitness training and monitoring app
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| domain | founded_year | HQ Location |
Diabetes monitoring and management app along with healthcare coaches
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| domain | founded_year | HQ Location |
Online teleconsultation platform for diabetes management is provided.
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| domain | founded_year | HQ Location |
JoyHealth is focused on diabetes management for South Asians.
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| domain | founded_year | HQ Location |
A mobile application designed for monitoring and managing diabetes effectively.
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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 Beato
Frequently Asked Questions about BeatO
When was BeatO founded?
BeatO was founded in 2015.
Where is BeatO located?
BeatO is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of BeatO?
Gautam Chopra is the current CEO of BeatO. They have also founded this company.
Is BeatO a funded company?
BeatO is a funded company, having raised a total of $50.83M across 12 funding rounds to date. The company's 1st funding round was a Series B of $33M, raised on Dec 28, 2015.
How many employees does BeatO have?
As of Apr 02, 2024, the latest employee count at BeatO is 142.
What is the annual revenue of BeatO?
Annual revenue of BeatO is $2.74M as on Mar 31, 2023.
What does BeatO do?
BeatO is established as Indias foremost platform for diabetes management and treatment. Services are provided through an online home care program, connecting users with clinics, doctors, and science-backed solutions. A smart USB-connected glucometer is offered for monitoring, alongside a comprehensive diabetes care program. Specialized treatment is delivered by leading diabetologists, supported by certified coaches from IIHMR. Focus is placed on achieving lasting sugar reduction and metabolic health through tailored diets and app-based tracking. The platform operates in the digital health sector, emphasizing accessible and affordable healthcare for all.
Who are the top competitors of BeatO?
What products or services does BeatO offer?
BeatO offers Smart Glucometer and Diabetes Care Program.
How many acquisitions has BeatO made?
BeatO has made 1 acquisition, including Novique Health.
Who are BeatO's investors?
BeatO has 52 investors. Key investors include Flipkart, PharmEasy, Kotak Mahindra Bank, Republic World, and Parkview Health.
What is BeatO's valuation?
The valuation of BeatO is $93.94M as of Apr 2023.