About CareCover
CareCover is a company based in Noida (India) founded in 2015.. The company has 57 employees as of April 05, 2024. CareCover operates in a competitive market with competitors including Arogya Finance and Qonect, among others.
- Headquarter Noida, India
- Employees 57 as on 05 Apr, 2024
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Sectors
Financial Services
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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 Medbay India Private Limited
- Date of Incorporation 02 Dec, 2015
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$2.24 M (USD)1002.72as on Mar 31, 2022
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Net Profit
$2.12 M (USD)387.65as on Mar 31, 2022
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EBITDA
$-108.03 K (USD)85.95as on Mar 31, 2022
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Latest Funding Round
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Investors
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Employee Count
57
as on Apr 05, 2024
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Funding Insights of CareCover
| 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 |
Investments & Acquisitions by CareCover
| 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 |
Financial Statements - CareCover
| 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 |
Carecover Comparisons
Competitors of CareCover
CareCover 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 Arogya Finance and Qonect, 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 |
Medical loans are extended to unbankable individuals and families.
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| domain | founded_year | HQ Location |
Healthcare financing is provided through an online credit platform.
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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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Frequently Asked Questions about CareCover
When was CareCover founded?
CareCover was founded in 2015.
Where is CareCover located?
CareCover is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
How many employees does CareCover have?
As of Apr 05, 2024, the latest employee count at CareCover is 57.
What is the annual revenue of CareCover?
Annual revenue of CareCover is $2.24M as on Mar 31, 2022.
What does CareCover do?
CareCover was established in 2015 in Noida, India, within the fintech sector. A credit card tailored for healthcare expenses is provided, along with a platform that enables financing for medical emergencies or planned treatments. Operations focus on supporting users in managing healthcare costs through accessible credit options in the Indian market.
Who are the top competitors of CareCover?
CareCover's top competitors include Arogya Finance and Qonect.