About Care9
Care9 is a company based in Chennai (India) founded in 2016 by Venkata Satya Kumar Ponduri, Vidya Ponduri, and Shiva Ganesh Bellamkonda. Care9 has raised $196.29 thousand across 2 funding rounds from investors including Saritha Vankayala, Venu Madhav Kondle and Swapna Kadiyala. Care9 offers products and services including Global Pharma Procurement and Contract Manufacturing.
- Headquarter Chennai, India
- Founders Venkata Satya Kumar Ponduri, Vidya Ponduri, Shiva Ganesh Bellamkonda
- Stage Minicorn
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Izatech Labs Private Limited
- Date of Incorporation 29 May, 2017
- Jurisdiction Visakhapatnam, Andhra Pradesh, India
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Annual Revenue
$1.31 M (USD)614.41as on Mar 31, 2021
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Net Profit
-$133.12 K (USD)-74.36as on Mar 31, 2021
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EBITDA
-$93.69 K (USD)-49.04as on Mar 31, 2021
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Total Equity Funding
$196.29 K (USD)
in 2 rounds
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Latest Funding Round
$29.19 K (USD), Angel Round
Sep 24, 2020
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Investors
& 2 more
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Employee Count
Not available
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Products & Services of Care9
Care9 offers a comprehensive portfolio of products and services, including Global Pharma Procurement and Contract Manufacturing.
Pharmaceuticals and medical supplies are procured from verified sources for healthcare providers and managed through analytics platforms.
Products are developed and manufactured in multiple forms to meet the requirements of care service-providers and stakeholders.
Funding Insights of Care9
Care9 has successfully raised a total of $196.29K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $29.19 thousand completed in September 2020. 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 Care9
Care9 has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Saritha Vankayala, Venu Madhav Kondle and Swapna Kadiyala.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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SV
Saritha Vankayala |
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Locked | Locked | Locked |
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VM
Venu Madhav Kondle |
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Locked | Locked | Locked |
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SK
Swapna Kadiyala |
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Locked | Locked | Locked |
Investor details for Care9
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Investments & Acquisitions by Care9
Investment portfolio details for Care9
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Financial Statements - Care9
Detailed financials for Care9
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Care9 Comparisons
Peer comparison for Care9
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Competitors of Care9
Detailed competitors of Care9
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Latest news on Care9
Complete news archive for Care9
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Frequently Asked Questions about Care9
Care9 was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Care9 is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Care9 is a funded company, having raised a total of $196.29K across 2 funding rounds to date.
Annual revenue of Care9 is $1.31M as on Mar 31, 2021.
Care9 is a web mobile-based marketplace for medicines and health products. The platform allows customers to search medicines or health products by typing the name of the drug, or brand and order online. The company also enables the user to upload prescriptions and order the medications from a pharmacist near the customers location. The product portfolio includes prescription medication, OTC drugs, medical devices, medical products, ayurvedic medicines, beauty products, among others. Also, it offers procurement solutions for pharmaceutical professionals.
Care9 offers Global Pharma Procurement and Contract Manufacturing.
Care9 has 3 investors. Key investors include Saritha Vankayala, Venu Madhav Kondle, and Swapna Kadiyala.
The valuation of Care9 is $6.32M as of Sep 2020.