About Dr Mantra
Dr Mantra is a Healthcare company based in Mahuva (India) founded in 2021. Ayurvedic medicines are distributed by Dr Mantra in India. Dr Mantra has raised $354.07 thousand across 3 funding rounds from investors including Deep Bajaj, Mohit Bajaj and 100X.VC. Its Indian entity Health Cherish India Llp reported revenue of ₹7.13 Cr. Its focus areas include Pharmaceutical Distributors, Alternative Medicines and Ayurvedic Medicines. Its competitors include Guduchi Ayurveda, Livin Herbal and Akarsh Ayurveda; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Mahuva, India
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website drmantra.net
- Social LinkedIn Facebook Instagram
- Legal Name Health Cherish India Llp
- Date of Incorporation 22 Jul, 2021
- Jurisdiction Rajula, Gujarat, India
- Annual Revenue₹7.13 Cr
FY 2024 · +205% YoY
- Total Equity Funding$354.07K (USD)
in 3 rounds
- Investors100X.VC
& 2 more
Associated legal entities of Dr Mantra
Dr Mantra operates through Health Cherish India Llp (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 |
|---|---|---|---|---|---|---|---|
| Health Cherish India Llp CIN AAX-8775 | Active | 22 Jul 2021 | Rajula, Gujarat | ₹7.1 Cr | 2 | View details |
Funding Insights of Dr Mantra
Dr Mantra has successfully raised a total of $354.07K across 3 strategic funding rounds. 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 $354,073
- Total Rounds 3
- First Round $154,073
(Jan 2023)
- Investors Count 3
All 3 funding rounds of Dr Mantra 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 2024 | Angel Round | – | – | – | |
| Aug 2023 | $200,000 | Seed | – | Deep Bajaj, Mohit Bajaj | – |
| Jan 2023 | $154,073 | Seed | – | – |
3 investors in total: 1 institutional and 2 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by 100X.VC venture capital firm. | 100x.vc | Mumbai, India | ||
DB Deep Bajaj | Co-founder of Sirona Hygiene, active angel investor in Indian startups | unknown_1aa841425d9f4a9cb | ||
MB Mohit Bajaj | Angel investor and entrepreneur, focused on tech startups in India. | unknown_39cc949cab0148e79 |
Investor details for Dr Mantra
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Board of directors of Health Cherish India Llp (Dr Mantra)
Health Cherish India Llp is the primary company behind Dr Mantra. The board of Health Cherish India Llp currently have 2 directors; the longest-serving is Shivansh Jain, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shivansh Jain DIN 09249797 | Designated Partner | 22 Jul 2021 | 5 yrs 3 mo | Health Cherish India Llp |
| Mohammadtakki Arifali Rasbharya DIN 09249798 | Designated Partner | 22 Jul 2021 | 5 yrs 3 mo | Health Cherish India Llp |
People of Dr Mantra
1 people are tracked at Dr Mantra (1 in leadership).
| Name | Role | Group |
|---|---|---|
Takki Zain | Co-Founder & CEO | Leadership |
Complete people profiles for Dr Mantra
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Dr Mantra
Figures of Health Cherish India Llp, the primary company behind Dr Mantra, for FY 2024. Revenue was ₹7.13 Cr (+205% year on year).
- ₹7.13 CrRevenue · FY 2024 · +205% YoY
Balance sheet, profit and loss, cash flow and ratios of Health Cherish India Llp are on its company page.
Detailed financial statements for Dr Mantra
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Dr Mantra
3 dated milestones of Dr Mantra across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Dr Mantra is founded.
- Funding First funding round of $154K.
- Funding Latest funding round, Angel Round,.
Competitors of Dr Mantra
Dr Mantra has 3 listed competitors in our database, 1 of them funded. They include Guduchi Ayurveda, Livin Herbal and Akarsh Ayurveda.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| guduchiayurveda.com | 2019 | Bengaluru, India | $281,913 | 21 | Ayurvedic medicines are distributed by Guduchi Ayurveda in India. | |
| livinherbal.com | 2019 | Chandigarh, India | Wholesale trader of Ayurvedic syrups, tablets, and herbal products in Chandigarh. | |||
| akarshayurveda.com | 2021 | Noida, India | Manufactures and exports Ayurvedic medicines, herbal oils, syrups, and health care products. |
Detailed competitors of Dr Mantra
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- Full competitor set
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Web traffic of Dr Mantra
The website of Dr Mantra (drmantra.net) receives about 3.9K visits a month.
- Monthly visits3.9K
▼ 13% vs previous month
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Related news about Dr Mantra
Complete news archive for Dr Mantra
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Frequently Asked Questions about Dr Mantra
Dr Mantra was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Dr Mantra is headquartered in Mahuva, India. It is registered at Mahuva, Gujarat, India.
Dr Mantra is a funded company, having raised a total of $354.07K across 3 funding rounds to date. The company's 1st funding round was a Seed of $154.07K, raised on Jan 2023.
The primary company behind Dr Mantra, Health Cherish India Llp, reported revenue of ₹7.13 Cr for FY 2024, up 205% year on year.
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.
Dr Mantra's top competitors include Guduchi Ayurveda, Livin Herbal and Akarsh Ayurveda.
Dr Mantra has 3 investors. Key investors include Deep Bajaj, Mohit Bajaj, and 100X.VC.
Dr Mantra operates through Health Cherish India Llp.
The legal entities of Dr Mantra currently have 2 directors, including Shivansh Jain, Mohammadtakki Arifali Rasbharya.