About Dr Mantra
Dr Mantra is a company based in Mahuva (India) founded in 2021.. Dr Mantra has raised $354.07 thousand across 2 funding rounds from investors including Deep Bajaj, Mohit Bajaj and 100X.VC. Dr Mantra operates in a competitive market with competitors including Guduchi Ayurveda, Livin Herbal, Akarsh Ayurveda, Dhanwantari Distributors and Bioway Panacea Natural Greens, among others.
- Headquarter Mahuva, India
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Health Cherish India Llp
- Date of Incorporation 22 Jul, 2021
- Jurisdiction Rajula, Gujarat, India
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Annual Revenue
$861.8 K (USD)205as on Mar 31, 2024
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Net Profit
$1.28 K (USD)140as on Mar 31, 2024
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EBITDA
$-3.14 K (USD)-88216as on Mar 31, 2023
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Total Equity Funding
$354.07 K (USD)
in 2 rounds
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Latest Funding Round
$200 K (USD), Seed
Aug 09, 2023
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Investors
100X.VC
& 2 more
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Employee Count
Employee Count
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Funding Insights of Dr Mantra
Dr Mantra has successfully raised a total of $354.07K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $200 thousand completed in August 2023. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $200,000
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First Round
First Round
(21 Jan 2023)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Seed - Dr Mantra | Valuation | Deep Bajaj , Mohit Bajaj |
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| Jan, 2023 | Amount | Seed - Dr Mantra | Valuation |
investors |
| 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 |
Investors in Dr Mantra
Dr Mantra has secured backing from 3 investors, including angel and venture fund investors. Prominent investors backing the company include Deep Bajaj, Mohit Bajaj and 100X.VC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startups are funded by 100X.VC venture capital firm.
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Founded Year | Domain | Location | |
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DB
Deep Bajaj |
Co-founder of Sirona Hygiene, active angel investor in Indian startups
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Founded Year | Domain | Location |
|
MB
Mohit Bajaj |
Angel investor and entrepreneur, focused on tech startups in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Dr Mantra
| 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 - Dr Mantra
| 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 |
Dr Mantra Comparisons
Competitors of Dr Mantra
Dr Mantra 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 Guduchi Ayurveda, Livin Herbal, Akarsh Ayurveda, Dhanwantari Distributors and Bioway Panacea Natural Greens, 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 |
Ayurvedic medicines are distributed by Guduchi Ayurveda in India.
|
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| domain | founded_year | HQ Location |
Wholesale trader of Ayurvedic syrups, tablets, and herbal products in Chandigarh.
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| domain | founded_year | HQ Location |
Manufactures and exports Ayurvedic medicines, herbal oils, syrups, and health care products.
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| domain | founded_year | HQ Location |
Ayurvedic healthcare company providing natural products and supplements for various health concerns.
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| domain | founded_year | HQ Location |
Wholesaler distributing herbal capsules, supplements, health drops, and natural extracts.
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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 Dr Mantra
When was Dr Mantra founded?
Dr Mantra was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Dr Mantra located?
Dr Mantra is headquartered in Mahuva, India. It is registered at Mahuva, Gujarat, India.
Is Dr Mantra a funded company?
Dr Mantra is a funded company, having raised a total of $354.07K across 2 funding rounds to date. The company's 1st funding round was a Seed of $154.07K, raised on Jan 21, 2023.
What is the annual revenue of Dr Mantra?
Annual revenue of Dr Mantra is $861.8K as on Mar 31, 2024.
What does Dr Mantra do?
Dr Mantra was established in 2021 in Mahuva, India, as a distributor within the ayurvedic medicine sector. Operations are centered on the supply and distribution of traditional herbal remedies to various markets. The companys domain, drmantra.net, supports its online activities. Focus is placed on ensuring availability of ayurvedic products in the local and regional geography, with logistics managed from the base in India.
Who are the top competitors of Dr Mantra?
Dr Mantra's top competitors include Guduchi Ayurveda, Dhanwantari Distributors and Livin Herbal.
Who are Dr Mantra's investors?
Dr Mantra has 3 investors. Key investors include Deep Bajaj, Mohit Bajaj, and 100X.VC.