About Care24
Care24 is a Healthcare company based in Mumbai (India) founded in 2014, and was acquired by Human Life Management in January 2022. Home healthcare services including nursing and physiotherapy are facilitated. Care24 has raised $11.3 million across 4 funding rounds from investors including Dream Incubator, India Quotient and StartUp Health. The company has 81 employees. Care24 was last valued at $14.36 million in September 2019. Its website care24.co.in draws about 23 thousand monthly visits. Its Indian entity Aegis Care Advisors Private Limited reported revenue of ₹6.60 Cr. Care24 offers products and services including Caregivers Service, Nursing Services, Physiotherapy Services, and Baby Care Services. Its focus areas include HealthTech, Healthcare Booking Platforms, Home Healthcare and Diversified. Its competitors include HCAH, Portea and Zoctr; 3 of its 3 listed competitors have raised funding.
Company details
Care24 was founded in 2014 in Mumbai, India, where home healthcare services are provided in the healthcare sector. Nursing at home, physiotherapy, and aide services such as attendants and infant care are offered. Operations are currently limited to Mumbai as of August 2015, with pricing structured hourly from Rs.50 or for 12 hours up to Rs.1200. Over 4M in funding has been raised through angel and Series A rounds.
- Headquarters Mumbai, India
- Employees 81
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website care24.co.in
- Social LinkedIn X Facebook YouTube
- Acquired by Human Life Management (Jan 2022)
- Legal Name Aegis Care Advisors Private Limited
- Date of Incorporation 23 May, 2014
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹6.60 Cr
FY 2024 · -22% YoY
- Net Loss-₹1.42 Cr
FY 2024 · -22% margin
- EBITDA-₹1.29 Cr
FY 2024 · -20% margin
- Total Equity Funding$11.3M (USD)
in 4 rounds
- Latest Funding Round$1.6M (USD), Series A
Sep 2019
- InvestorsDream Incubator
& 6 more
- Employee Count81
- Acquired byHuman Life Management
(Jan 2022)
Associated legal entities of Care24
Care24 operates through Aegis Care Advisors Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aegis Care Advisors Private Limited CIN U74120MH2014PTC255299 | Active | 23 May 2014 | Mumbai, Maharashtra | ₹6.6 Cr | 81 | 3 | View details |
Products & Services of Care24
Care24 offers a comprehensive portfolio of products and services, including Caregivers Service, Nursing Services, Physiotherapy Services, and Baby Care Services.
Offers verified caregivers for daily assistance and elderly support.
Provides certified nurses for wound care and vital sign monitoring.
Delivers home therapy for injuries and post-surgery recovery.
Includes baby sitting and diaper changing for infant care.
Apps and channels of Care24
its YouTube channel Care24 - Home Nursing Services Mumbai has 11.6K subscribers and 30 videos.
Videos from Care24
The most watched videos on Care24's YouTube channel, Care24 - Home Nursing Services Mumbai (11.6K subscribers). Click a video to play it here.
Funding Insights of Care24
Care24 has successfully raised a total of $11.3M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.6 million completed in September 2019. 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 $11.3M
- Total Rounds 4
- Last Round Series A — $1.6M
- First Round $4.17M
(Sep 2015)
- Investors Count 7
All 4 funding rounds of Care24 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $1.6M | Series A | $14.36M | Dream Incubator, Dream Incubator | |
| Apr 2018 | $1.52M | Series A | $13.65M | Elevation Capital | |
| Jan 2016 | $4M | Series A | – | Elevation Capital | |
| Sep 2015 | $4.17M | Series A | $••••• | Elevation Capital |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2019 | $14.36M | •••••••• |
| Apr 2018 | $13.65M | •••••••• |
| Sep 2015 | $••••• | •••••••• |
Full valuation and stage history of Care24
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $14.36M (Sep 2019). 7 investors in total: 6 institutional and 1 angel.
Investors in Care24
Care24 has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Dream Incubator, India Quotient and StartUp Health.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online information platform of health and wellness | 2011 | startuphealth.com | San Francisco, United States | |
Investment in Indian startups across technology and fintech sectors. | 2012 | indiaquotient.in | Mumbai, India | |
Elevation Capital is focused on early-stage tech investments in India. | elevationcapital.com | Delhi, India | ||
Dream Incubator is engaged in strategic consulting and business incubation. | 2000 | dreamincubator.co.jp | Chiyoda City, Japan | |
A foundation focused on business sector | hlm.tokyo | Minato City, Japan | ||
Entrepreneurs and businesses are supported through sector-agnostic incubation. | dreamincubator.com | Bengaluru, India | ||
AL Anand Lunia | Founding Partner at India Quotient, active angel investor in Indian startups | unknown_eeebffe4534744a18 |
Investor details for Care24
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Aegis Care Advisors Private Limited (Care24)
Aegis Care Advisors Private Limited is the primary company behind Care24. The board of Aegis Care Advisors Private Limited currently have 3 directors; the longest-serving is Vipin Kumar Pathak, appointed in 2014. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vipin Kumar Pathak DIN 05146746 | Whole-time director | 23 May 2014 | 12 yrs 5 mo | Aegis Care Advisors Private Limited |
| Masayuki Saito DIN 10383367 | Director | 16 Apr 2024 | 2 yrs 6 mo | Aegis Care Advisors Private Limited |
| Harry Jon Alain Wilby DIN 10386213 | Director | 16 Apr 2024 | 2 yrs 6 mo | Aegis Care Advisors Private Limited |
Financials of Care24
Figures of Aegis Care Advisors Private Limited, the primary company behind Care24, for FY 2024. Revenue was ₹6.60 Cr (-22% year on year). Net loss was -₹1.42 Cr (-22% margin). EBITDA was -₹1.29 Cr (-20% margin). Revenue has grown at a compounded annual rate of -3% over three years and +2% over five years.
- ₹6.60 CrRevenue · FY 2024 · -22% YoY
- -₹1.42 CrNet loss · -22% margin
- -₹1.29 CrEBITDA · -20% margin
- ₹1.2 LakhPaid-up capital
- 81Employees (provident fund records)
- -3%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Aegis Care Advisors Private Limited are on its company page.
Detailed financial statements for Care24
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Care24
5 dated milestones of Care24 across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Care24 is founded.
- Funding First funding round of $4.2M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $1.6M.
- Exit Acquired by Human Life Management.
Competitors of Care24
Care24 has 3 listed competitors in our database, 3 of them funded. They include HCAH, Portea and Zoctr.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hcah.in | 2012 | Noida, India | $64.45M | 572 | Home healthcare services provider | |
| portea.com | 2013 | Bengaluru, India | $92.81M | 813 | Provider of at-home healthcare services including nursing, physiotherapy, and medical equipment | |
| zoctr.com | 2015 | Mumbai, India | $1.71M | 24 | Online platform for booking appointment |
Detailed competitors of Care24
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Care24
The website of Care24 (care24.co.in) receives about 23K visits a month.
- Monthly visits23K
▲ 10% vs previous month
Websites whose visitors overlap most with Care24. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| apollohomecare.com | 100% | 37.9K | #842,983 | View details | |
maxathome.in | maxathome.in | 100% | #509,911 | – | |
medintu.in | medintu.in | 98% | #14,620,281 | – | |
| portea.com | 97% | 97.8K | #152,077 | View details | |
| hcah.in | 94% | 28.2K | #1,095,879 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Care24
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Digital Health & Telemedicine
3 companies that operate in the same segment as Care24 (Digital Health & Telemedicine) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of an online pharmacy with doctor listing and teleconsultation services | 2015 | Delhi, Delhi, India | USD 199.65 M | USD 328.97 M | 5,212 | |
Online platform offering multiple healthcare services | 2013 | Bengaluru, Karnataka, India | USD 199.22 M | USD 62.4 M | 52 | |
An online marketplace for healthcare products is operated. | 2011 | Kolkata, West Bengal, India | USD 38.26 M |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Care24
Complete news archive for Care24
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Care24
Care24 was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Care24 is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Care24 is a funded company, having raised a total of $11.3M across 4 funding rounds to date. The company's 1st funding round was a Series A of $4.17M, raised on Sep 2015.
Care24 has 81 employees.
The primary company behind Care24, Aegis Care Advisors Private Limited, reported revenue of ₹6.60 Cr for FY 2024, down 22% year on year.
Care24 was founded in 2014 in Mumbai, India, where home healthcare services are provided in the healthcare sector. Nursing at home, physiotherapy, and aide services such as attendants and infant care are offered. Operations are currently limited to Mumbai as of August 2015, with pricing structured hourly from Rs.50 or for 12 hours up to Rs.1200. Over 4M in funding has been raised through angel and Series A rounds.
Care24 offers Caregivers Service, Nursing Services, Physiotherapy Services, and Baby Care Services.
Care24 has 7 investors. Key investors include Dream Incubator, India Quotient, StartUp Health, Human Life Management, and Elevation Capital.
The valuation of Care24 is $14.36M as of Sep 2019.
Care24 operates through Aegis Care Advisors Private Limited.
Yes. Care24 was acquired by Human Life Management in January 2022.