About Care24
Care24 is a company based in Mumbai (India) founded in 2014 was acquired by Human Life Management in January 2022. 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 as of April 03, 2024. Care24 offers products and services including Caregivers Service, Nursing Services, Physiotherapy Services, and Baby Care Services. Care24 operates in a competitive market with competitors including HCAH, Portea, Zoctr, Bharath Home Medicare and Click2Clinic, among others.
- Headquarter Mumbai, India
- Employees 81 as on 03 Apr, 2024
- 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 Aegis Care Advisors Private Limited
- Date of Incorporation 23 May, 2014
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.02 M (USD)-1.24as on Mar 31, 2023
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Net Profit
$456.33 K (USD)385.94as on Mar 31, 2023
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EBITDA
-$23.92 K (USD)90.39as on Mar 31, 2023
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Total Equity Funding
$11.3 M (USD)
in 4 rounds
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Latest Funding Round
$1.6 M (USD), Series A
Sep 12, 2019
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Investors
Dream Incubator
& 6 more
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Employee Count
81
as on Apr 03, 2024
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Acquired by
Human Life Management
(Jan 27, 2022)
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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.
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.
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 |
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Online information platform of health and wellness
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Investment in Indian startups across technology and fintech sectors.
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Elevation Capital is focused on early-stage tech investments in India.
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Investor details for Care24
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- Investor locations
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Investments & Acquisitions by Care24
Investment portfolio details for Care24
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- Portfolio identities
- Transaction dates
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Financial Statements - Care24
Detailed financials for Care24
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- Profit trends
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Care24 Comparisons
Peer comparison for Care24
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- Named peers
- Headcount comparison
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Competitors of Care24
Care24 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 HCAH, Portea, Zoctr, Bharath Home Medicare and Click2Clinic, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Home healthcare services provider
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Provider of at-home healthcare services including nursing, physiotherapy, and medical equipment
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Online platform for booking appointment
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Home healthcare service provider
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Healthcare services are aggregated via an online booking platform.
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Provider of health care assistance, analysis, and solutions for health records for the elderly
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Detailed competitors of Care24
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Latest news on Care24
Complete news archive for Care24
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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.
As of Apr 03, 2024, the latest employee count at Care24 is 81.
Annual revenue of Care24 is $1.02M as on Mar 31, 2023.
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's top competitors include HCAH, Portea and Bharath Home Medicare.
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.