Cardiotrack

Bengaluru, India Founded: 2014 • Age: 12 yrs
AI-based EGC data capture and analysis platform

About Cardiotrack

Cardiotrack is a Healthcare company based in Bengaluru (India) founded in 2014 by Avin Agarwal. AI-based EGC data capture and analysis platform. It operates in the Healthcare and Technology sectors. Cardiotrack has raised $3.9 million across 5 funding rounds from investors including Frontline Strategy, Girish Narasimhan and NetApp Excellerator. Its chief executive, as recorded, is Avin Agarwal. Its Indian entity Uber Diagnostics Private Limited reported revenue of β‚Ή5.00 Cr. Its focus areas include HealthTech, Healthcare IT, Value Based Care and Remote Monitoring.

Company details

Cardiotrack was founded in 2014 in Bengaluru, India, within the healthtech sector. An AI-based platform is utilized for ECG data capture through IoT sensors and cloud analysis, enabling primary care physicians to diagnose heart conditions accurately. The m-Health solution has been deployed in organizations including Gramin Healthcare, Healthcare at Home, Medi360, and Promedic, supporting remote monitoring and analysis operations.

Key Metrics
  • Annual Revenue
    ₹5.00 Cr

    FY 2024 · +33% YoY

  • Net Loss
    -₹1.62 Cr

    FY 2024 · -32% margin

  • EBITDA
    -₹2.01 Cr

    FY 2024 · -40% margin

  • Total Equity Funding
    $3.9M (USD)

    in 5 rounds

  • Latest Funding Round
    $2M (USD), Seed

    Mar 2024

  • Investors

Apps and channels of Cardiotrack

its YouTube channel Cardiotrack has 60 subscribers and 21 videos.

Cardiotrack
YouTube 60 subscribers 21 videos Science & Technology
Open channel

Videos from Cardiotrack

The most watched videos on Cardiotrack's YouTube channel, Cardiotrack (60 subscribers). Click a video to play it here.

Cardiotrack - Remote Patient Management
5.2K views
Cardiotrack - CNBC Young Turks
1.3K views
Cardiotrack AI Demo
731 views
Cardiotrack Demo - English
520 views

More on Cardiotrack.

Funding Insights of Cardiotrack

Cardiotrack has successfully raised a total of $3.9M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in March 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.

  • Total Funding $3.9M
  • Total Rounds 5
  • Last Round Seed β€” $2M
  • First Round $1.6M

    (Jun 2015)

  • Investors Count 4

All 5 funding rounds of Cardiotrack with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2024$2MSeed–Girish Narasimhan
–
Mar 2020Seed–Frontline Strategy
–
Oct 2018Grant––
Sep 2015$300,000Angel Round––
Jun 2015$1.6MAngel Round––
–
Valuation history

4 investors in total: 3 institutional and 1 angel.

Investors in Cardiotrack

Cardiotrack has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include Frontline Strategy, Girish Narasimhan and NetApp Excellerator.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Private equity advisory services are provided for growth-oriented companies, focusing on India and other regions.
frontlinestrategy.comSingapore, Singapore
Startup accelerator firm backed by NetApp
startup.netapp.inBengaluru, India
Innovation advisory and incubation services are provided to startup businesses.
eightmercatus.comSingapore, Singapore

Girish Narasimhan

unknown_2e5aab4e1f8a4c6ab
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Investor details for Cardiotrack

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Board of directors of Uber Diagnostics Private Limited (Cardiotrack)

Uber Diagnostics Private Limited is the primary company behind Cardiotrack. The board of Uber Diagnostics Private Limited currently have 4 directors; the longest-serving is Ashim Roy Kumar, appointed in 2014. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ashim Roy Kumar
DIN 03051789
Director14 Feb 201412 yrs 8 moUber Diagnostics Private Limited
Avin Kumar Agarwal
DIN 03610510
Director14 Feb 201412 yrs 8 moUber Diagnostics Private Limited
Dinesh Ramchandra Kamath
DIN 07209403
Director24 Jun 20242 yrs 4 moUber Diagnostics Private Limited
Girish Narasimhan
DIN 01898756
Director24 Jun 20242 yrs 4 moUber Diagnostics Private Limited

People of Cardiotrack

6 people are tracked at Cardiotrack (3 in leadership, 3 in team).

NameRoleGroup
CEO & Co-FounderLeadership
Sujeet Kumar
VP, Process InnovationLeadership
Najmul Islam
Director, Business DevelopmentLeadership
Kanchan
HRTeam
Bhaskar L
Quality Assurance EngineerTeam
Kanchan Wararkar Asekar
Human Resources ManagerTeam
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Complete people profiles for Cardiotrack

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Financials of Cardiotrack

Figures of Uber Diagnostics Private Limited, the primary company behind Cardiotrack, for FY 2024. Revenue was ₹5.00 Cr (+33% year on year). Net loss was -₹1.62 Cr (-32% margin). EBITDA was -₹2.01 Cr (-40% margin). Revenue has grown at a compounded annual rate of +26% over three years and +18% over five years.

  • ₹5.00 CrRevenue · FY 2024 · +33% YoY
  • -₹1.62 CrNet loss · -32% margin
  • -₹2.01 CrEBITDA · -40% margin
  • ₹17.8 LakhPaid-up capital
  • 39Employees (provident fund records)
  • +26%Revenue CAGR, 3 years
  • +18%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Uber Diagnostics Private Limited are on its company page.

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Detailed financial statements for Cardiotrack

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Timeline of Cardiotrack

3 dated milestones of Cardiotrack across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Cardiotrack is founded.
  2. Funding First funding round of $1.6M.
  3. Funding Latest funding round, Seed, of $2.0M.
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Related news about Cardiotrack

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Complete news archive for Cardiotrack

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Frequently Asked Questions about Cardiotrack

Cardiotrack was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Cardiotrack is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Avin Agarwal is the CEO of Cardiotrack, as recorded in our data. They have also founded this company.

Cardiotrack is a funded company, having raised a total of $3.9M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $1.6M, raised on Jun 2015.

The primary company behind Cardiotrack, Uber Diagnostics Private Limited, reported revenue of β‚Ή5.00 Cr for FY 2024, up 33% year on year.

Cardiotrack was founded in 2014 in Bengaluru, India, within the healthtech sector. An AI-based platform is utilized for ECG data capture through IoT sensors and cloud analysis, enabling primary care physicians to diagnose heart conditions accurately. The m-Health solution has been deployed in organizations including Gramin Healthcare, Healthcare at Home, Medi360, and Promedic, supporting remote monitoring and analysis operations.

Cardiotrack has 4 investors. Key investors include Frontline Strategy, Girish Narasimhan, NetApp Excellerator, and Eight Mercatus.

Cardiotrack operates through Uber Diagnostics Private Limited.

The legal entities of Cardiotrack currently have 4 directors, including Dinesh Ramchandra Kamath, Ashim Roy Kumar, Girish Narasimhan and others.

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