About DocWise
DocWise is a Healthcare company based in Bengaluru (India) founded in 2016, and was acquired by DocsApp in August 2019. It operates as an online telemedicine platform. The company was acqui-hired. Its focus areas include HealthTech, Healthcare Booking Platforms, Doctors and Telemedicine. Its legal entity in India is Kyros Healthcare Solutions Private Limited (U85100KA2016PTC085589). Its competitors include Mosaic Wellness, MyHealthcare, Teladoc Health, Bajaj Finserv Health and DocsApp and 2 more; 6 of its 7 listed competitors have raised funding.
Company details
Docwise is an online telemedicine platform. The company provides patients with a digital platform to connect with doctors to seek consultation through a phone call, or chat. Additionally, the platform also enables users to share reports and prescriptions with the doctor. Operational in Bangalore with a customer base of 150 doctors as on August 2017.
- Headquarters Bengaluru, India
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website docwise.in
- Social LinkedIn
- Acquired by DocsApp (Aug 2019)
- Legal Name Kyros Healthcare Solutions Private Limited
- Date of Incorporation 28 Jan, 2016
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of DocWise
DocWise operates through Kyros Healthcare Solutions Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kyros Healthcare Solutions Private Limited CIN U85100KA2016PTC085589 | Strike Off | 28 Jan 2016 | Bangalore, Karnataka | – | – | 2 | View details |
Funding Insights of DocWise
- Total Rounds 1
- Investors Count 2
All 1 funding rounds of DocWise with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2017 | – | Angel Round | – | Gaurav Bhalotia, Mekin Maheshwari | – |
3 investors in total: 1 institutional and 2 angel.
Investors in DocWise
DocWise has secured backing from 3 investors, including angel investors. Prominent investors backing the company include DocsApp, Gaurav Bhalotia and Mekin Maheshwari.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
GB Gaurav Bhalotia | - | – | unknown_319aaeeb95ec43708 | - |
MM Mekin Maheshwari | Ex-CTO Flipkart, angel investor, founder of Udhyam Learning Foundation | – | unknown_61a84806f4a74fdcb | - |
Chat-based mobile app for doctor teleconsultations is provided to patients. | 2012 | docsapp.in | Bengaluru, India |
Investor details for DocWise
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Verified entity values are shown only after access is granted.
Board of directors of Kyros Healthcare Solutions Private Limited (DocWise)
Kyros Healthcare Solutions Private Limited is the primary company behind DocWise. The board of Kyros Healthcare Solutions Private Limited currently have 2 directors; the longest-serving is Rahul Gupta, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Gupta DIN 07153689 | Director | 28 Jan 2016 | 10 yrs 8 mo | Kyros Healthcare Solutions Private Limited |
| Kapil Ratnani DIN 07818610 | Director | 11 May 2017 | 9 yrs 5 mo | Kyros Healthcare Solutions Private Limited |
Financials of DocWise
Figures of Kyros Healthcare Solutions Private Limited, the primary company behind DocWise, for FY 2020. Net loss was -₹5.6 Lakh (0% margin). EBITDA was -₹5.3 Lakh (0% margin). Revenue has grown at a compounded annual rate of -100% over three years.
- -₹5.6 LakhNet loss · 0% margin
- -₹5.3 LakhEBITDA · 0% margin
- ₹1.9 LakhPaid-up capital
- -100%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Kyros Healthcare Solutions Private Limited are on its company page.
Detailed financial statements for DocWise
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of DocWise
3 dated milestones of DocWise across 3 years, from founding to its latest funding, stage changes and deals.
- Founded DocWise is founded.
- Funding First funding round.
- Exit Acquired by DocsApp.
Competitors of DocWise
DocWise has 7 listed competitors in our database, 6 of them funded. They include Mosaic Wellness, MyHealthcare, Teladoc Health, Bajaj Finserv Health and DocsApp, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mosaicwellness.in | 2019 | Mumbai, India | $68M | 445 | Provider of digital health coaching platforms for men, women, and parents | |
| myhealthcare.co | 2017 | Gurugram, India | $12.68M | 128 | Provider of comprehensive digital healthcare ecosystem | |
| intouchhealth.com | 2002 | Santa Barbara, United States | $93.29M | 348 | SaaS-based robotic telehealth tools are provided for healthcare providers. | |
| bajajfinservhealth.in | 2019 | Pune, India | – | 813 | Provides online doctor consultations, lab bookings, and medicine ordering services. | |
| docsapp.in | 2012 | Bengaluru, India | $26.2M | 1,171 | Chat-based mobile app for doctor teleconsultations is provided to patients. | |
| mojocare.com | 2020 | Bengaluru, India | $23.73M | 2 | Personalized wellness solutions are delivered via a digital healthcare platform. | |
| mediangels.com | 2009 | Mumbai, India | $2.18M | – | Online telemedicine platform for specialist consultation and second opinion |
Detailed competitors of DocWise
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Top companies in Digital Health & Telemedicine
10 companies that operate in the same segment as DocWise (Digital Health & Telemedicine), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of an online pharmacy with doctor listing and teleconsultation services | 2015 | Delhi, Delhi, India | USD 230.8 M | USD 328.97 M | 5,212 | |
Online platform offering multiple healthcare services | 2013 | Bengaluru, Karnataka, India | USD 199.22 M | USD 62.4 M | 52 | |
An application is provided for comparing prescription drug prices nationwide. | 2011 | Santa Monica, California, United States | USD 22.21 M | USD 796.85 M | 1,063 | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
An online marketplace for healthcare products is operated. | 2011 | Kolkata, West Bengal, India | USD 38.26 M | – | – | |
Alto Pharmacy is focused on providing convenient prescription delivery services. | 2015 | San Francisco, California, United States | USD 591.64 M | – | 802 | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – | |
Telehealth solutions are provided for doctors and patients' consultations. | 2006 | Boston, Massachusetts, United States | USD 887.35 M | USD 115.54 M | 742 | |
Digital health services for men's wellness are offered by Ro. | 2017 | New York, New York, United States | USD 1.03 B | – | 1,485 | |
Provider of genetic test solutions to study ancestry, genealogy, and inherited traits | 2006 | Sunnyvale, California, United States | USD 943.53 M | USD 189.9 M | 562 |
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Related news about Docwise
Complete news archive for DocWise
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Frequently Asked Questions about DocWise
DocWise was founded in 2016 and raised its 1st funding round 1 year after it was founded.
DocWise is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Docwise is an online telemedicine platform. The company provides patients with a digital platform to connect with doctors to seek consultation through a phone call, or chat. Additionally, the platform also enables users to share reports and prescriptions with the doctor. Operational in Bangalore with a customer base of 150 doctors as on August 2017.
DocWise's top competitors include Mosaic Wellness, Teladoc Health and DocsApp.
DocWise has 3 investors. Key investors include DocsApp, Gaurav Bhalotia, and Mekin Maheshwari.
DocWise operates through Kyros Healthcare Solutions Private Limited.
Yes. DocWise was acquired by DocsApp in August 2019.
The legal entities of DocWise currently have 2 directors, including Kapil Ratnani, Rahul Gupta.