About CovaiCare
CovaiCare is a Healthcare company based in Coimbatore (India) founded in 2001 by Achal Sridharan. It provides comprehensive elder care home services. It operates on a B2C model. The company has 21 employees. Its Indian entity Covai Property Centre India Private Limited reported revenue of ₹2.95 Cr. Its focus areas include Elder Care, Home Services and Assisted Living. Its competitors include Athulya, Epoch Elder Care and Ashiana Housing; 1 of its 3 listed competitors has raised funding.
Company details
CovaiCare provides comprehensive elder care home services, focusing on providing healthcare solutions, elder care, home services, and assisted living. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Coimbatore, India
- Employees 21
- Founders Achal Sridharan
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website covaicare.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Covai Property Centre India Private Limited
- Date of Incorporation 17 Oct, 2001
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹2.95 Cr
FY 2024 · -16% YoY
- Net Loss-₹68.5 Lakh
FY 2024 · -23% margin
- EBITDA-₹48.4 Lakh
FY 2024 · -16% margin
- Employee Count21
Associated legal entities of CovaiCare
CovaiCare operates through Covai Property Centre India 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 |
|---|---|---|---|---|---|---|---|
| Covai Property Centre India Private Limited CIN U70101TZ2001PTC009928 | Active | 17 Oct 2001 | Coimbatore, Tamil Nadu | ₹3.0 Cr | 21 | 2 | View details |
Apps and channels of CovaiCare
its YouTube channel CovaiCare has 2.69K subscribers and 30 videos.
Videos from CovaiCare
The most watched videos on CovaiCare's YouTube channel, CovaiCare (2.69K subscribers). Click a video to play it here.
More on CovaiCare.
Board of directors of Covai Property Centre India Private Limited (CovaiCare)
Covai Property Centre India Private Limited is the primary company behind CovaiCare. The board of Covai Property Centre India Private Limited currently have 2 directors; the longest-serving is Chitra Sridharan, appointed in 2001. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chitra Sridharan DIN 00038678 | Director | 17 Oct 2001 | 25 yrs | Covai Property Centre India Private Limited |
| Achal Sridharan DIN 00038394 | Managing Director | 01 Apr 2006 | 20 yrs 7 mo | Covai Property Centre India Private Limited |
People of CovaiCare
1 people are tracked at CovaiCare (1 in leadership); the tracked headcount is 21.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for CovaiCare
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of CovaiCare
Figures of Covai Property Centre India Private Limited, the primary company behind CovaiCare, for FY 2024. Revenue was ₹2.95 Cr (-16% year on year). Net loss was -₹68.5 Lakh (-23% margin). EBITDA was -₹48.4 Lakh (-16% margin). Revenue has grown at a compounded annual rate of +6% over three years and -9% over five years.
- ₹2.95 CrRevenue · FY 2024 · -16% YoY
- -₹68.5 LakhNet loss · -23% margin
- -₹48.4 LakhEBITDA · -16% margin
- ₹25 LakhPaid-up capital
- 21Employees (provident fund records)
- +6%Revenue CAGR, 3 years
- -9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Covai Property Centre India Private Limited are on its company page.
Detailed financial statements for CovaiCare
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Competitors of CovaiCare
CovaiCare has 3 listed competitors in our database, 1 of them funded. They include Athulya, Epoch Elder Care and Ashiana Housing.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| athulyaliving.com | 2017 | Chennai, India | $18.65M | 538 | Provider of assisted living and senior independent living homes | |
| epocheldercare.com | 2012 | Gurugram, India | 166 | Assisted living homes and care services for seniors are provided. | ||
| ashianahousing.com | 1979 | Delhi, India | 1,408 | Age-friendly homes are developed for senior living communities. |
Detailed competitors of CovaiCare
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of CovaiCare
The website of CovaiCare (covaicare.com) receives about 6.3K visits a month.
- Monthly visits6.3K
▲ 38.8% vs previous month
Websites whose visitors overlap most with CovaiCare. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| urbana.co.in | 100% | 8.8K | #2,475,903 | View details | |
| proptiger.com | 74% | 221.3K | #207,882 | View details | |
| commonfloor.com | 59% | 551.3K | #103,228 | View details | |
| paripoornashelters.com | 30% | View details | |||
| pavithramseniorliving.com | 30% | #5,266,999 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for CovaiCare
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- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about CovaiCare
CovaiCare was founded in 2001.
CovaiCare is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
CovaiCare has 21 employees.
The primary company behind CovaiCare, Covai Property Centre India Private Limited, reported revenue of ₹2.95 Cr for FY 2024, down 16% year on year.
CovaiCare provides comprehensive elder care home services, focusing on providing healthcare solutions, elder care, home services, and assisted living. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
CovaiCare's top competitors include Athulya, Ashiana Housing and Epoch Elder Care.
CovaiCare operates through Covai Property Centre India Private Limited.
The legal entities of CovaiCare currently have 2 directors, including Chitra Sridharan, Achal Sridharan.