DigiSparsh

Mumbai, India Founded: 2020 • Age: 6 yrs
Developer of financial services for the healthcare ecosystem
Annual revenue $187,923 Latest available
Total funding $422,676 5 rounds
Employees 1 Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About DigiSparsh

DigiSparsh is a company based in Mumbai (India) founded in 2020 by Saurabh Soni and Akhilesh Gandhi. DigiSparsh has raised $422.68 thousand across 5 funding rounds from investors including Windrose Capital, Srinivasa Rao Ravuri and Ramachandra Vijaykumar Pandit. The company has 1 employees as of April 10, 2024. DigiSparsh operates in a competitive market with competitors including GMoney, CarePal Group, Arogya Finance, Uno Finance and Zenifi, among others.

  • Headquarter Mumbai, India
  • Employees 1 as on 10 Apr, 2024
  • Founders Saurabh Soni, Akhilesh Gandhi
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Digisparsh Private Limited
  • Date of Incorporation 17 Jun, 2020
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $187.92 K (USD)
    193.4
    as on Mar 31, 2023
  • Net Profit
    -$216.27 K (USD)
    -101.58
    as on Mar 31, 2023
  • EBITDA
    -$171.49 K (USD)
    -59.98
    as on Mar 31, 2023
  • Total Equity Funding
    $422.68 K (USD)

    in 5 rounds

  • Latest Funding Round
    $35.55 K (USD), Angel Round

    Nov 10, 2024

  • Investors
  • Employee Count
    1

    as on Apr 10, 2024

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People of DigiSparsh

Headcount 1-10
Employee Profiles 5
Employee Profiles
People
Hitesh Bhatia
Program Lead
People
Akhilesh Gandhi
Co-founder & CTO
People
Mayank Bharade
Developer
People
Sarim Khan
Project Manager

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Funding Insights of DigiSparsh

DigiSparsh has successfully raised a total of $422.68K across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $35.55 thousand completed in November 2024. 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 DigiSparsh

DigiSparsh has secured backing from 8 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Windrose Capital, Srinivasa Rao Ravuri and Ramachandra Vijaykumar Pandit.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage investment and advisory services for digitally native Indian startups.
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Early-stage tech startups are funded primarily in the US.
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Startup jobs are connected to seekers via an online platform.
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Investor details for DigiSparsh

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by DigiSparsh

Investments
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Investment portfolio details for DigiSparsh

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Financial Statements - DigiSparsh

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Detailed financials for DigiSparsh

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  • Profit trends
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Digisparsh Comparisons

DigiSparsh Primary company
Description
Developer of financial services for the healthcare ecosystem
Location
Mumbai, India
Founded Year
2020
Annual Revenue
$187.92 K (USD)
Net Profit
-$216.27 K (USD)
EBITDA
-$171.49 K (USD)
Employees
1
As of 2024
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Peer comparison for DigiSparsh

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Competitors of DigiSparsh

DigiSparsh 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 GMoney, CarePal Group, Arogya Finance, Uno Finance and Zenifi, among others.

Company Name Domain Founded year HQ Location Description
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Financial services for healthcare providers and patients are offered.
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Healthcare financing is integrated via crowdfunding, lending, and assurance marketplaces.
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Medical loans are extended to unbankable individuals and families.
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Healthcare loans are provided via an online marketplace for patients.
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Multiple installment payment options for healthcare are offered.
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Developer of a healthcare loans lending platform
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Detailed competitors of DigiSparsh

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Latest news on Digisparsh

Digisparsh plans to raise ₹200 crore
Techilive4 years ago
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Complete news archive for DigiSparsh

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  • Older coverage
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Frequently Asked Questions about DigiSparsh

DigiSparsh was founded in 2020 and raised its 1st funding round 1 year after it was founded.

DigiSparsh is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Saurabh Soni is the current CEO of DigiSparsh. They have also founded this company.

DigiSparsh is a funded company, having raised a total of $422.68K across 5 funding rounds to date.

As of Apr 10, 2024, the latest employee count at DigiSparsh is 1.

Annual revenue of DigiSparsh is $187.92K as on Mar 31, 2023.

Developer of financial services for the healthcare ecosystem. It provides users with a company that offers lending solutions to hospitals, patients, and suppliers. Products include credit for medical expenses, working capital solutions for hospitals to address insurance claim delays, and instant invoice settlements for hospital suppliers. The company aims to improve access to healthcare financing across the entire value chain.

DigiSparsh's top competitors include CarePal Group, GMoney and Arogya Finance.

DigiSparsh has 8 investors. Key investors include Windrose Capital, Srinivasa Rao Ravuri, Ramachandra Vijaykumar Pandit, Srikar Reddy, and Wellfound.

The valuation of DigiSparsh is $3.59M as of Nov 2024.

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