Eclinic247

Bengaluru, India Founded: 2015 • Age: 11 yrs Acquired By Medlife
Doctors and patients are connected via an online healthcare platform.

About Eclinic247

Eclinic247 is a Healthcare company based in Bengaluru (India) founded in 2015, and was acquired by Medlife in November 2018. Doctors and patients are connected via an online healthcare platform. The company was acqui-hired. Its focus areas include HealthTech, Healthcare Booking Platforms, Doctors and Telemedicine. Its legal entity in India is Singularity Healthcare It Systems Private Limited (U72200KA2015PTC079444). Its competitors include Mosaic Wellness, MyHealthcare and DocsApp; 3 of its 3 listed competitors have raised funding.

Company details

Eclinic247 was founded in 2015 in Bengaluru, India, as an online platform in the healthcare sector. Patients are enabled to request doctor callbacks, followed by video or teleconsultation sessions. Queries can be submitted through instant chat or email. Cloud-based health record management is offered, along with integration to a network of pharmacies and pathology or diagnostic laboratories for comprehensive services.

Key Metrics
  • Net Loss
    -₹34,630

    FY 2022 · 0% margin

  • EBITDA
    -₹34,630

    FY 2022 · 0% margin

  • Investors
  • Acquired by
    Medlife

    (Nov 2018)

Investors in Eclinic247

Eclinic247 has secured backing from 1 investor. Prominent investors backing the company include Medlife.

All
InvestorDescriptionFounded YearDomainLocation
Provider of an online pharmacy for medications
2014medlife.comBengaluru, India
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Investor details for Eclinic247

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Board of directors of Singularity Healthcare It Systems Private Limited (Eclinic247)

Singularity Healthcare It Systems Private Limited is the primary company behind Eclinic247. The board of Singularity Healthcare It Systems Private Limited currently have 2 directors; the longest-serving is Aravindhalakshmi Jeyandran, appointed in 2015. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Aravindhalakshmi Jeyandran
DIN 07085481
Managing Director25 Mar 201511 yrs 7 moSingularity Healthcare It Systems Private Limited
Nedumaram Krishanswamy Venugopal
DIN 08589583
Director21 Oct 20197 yrsSingularity Healthcare It Systems Private Limited

Financials of Eclinic247

Figures of Singularity Healthcare It Systems Private Limited, the primary company behind Eclinic247, for FY 2022. Net loss was -₹34,630 (0% margin). EBITDA was -₹34,630 (0% margin). Revenue has grown at a compounded annual rate of -100% over three years.

  • -₹34,630Net loss · 0% margin
  • -₹34,630EBITDA · 0% margin
  • ₹7.9 LakhPaid-up capital
  • -100%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Singularity Healthcare It Systems Private Limited are on its company page.

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Detailed financial statements for Eclinic247

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Timeline of Eclinic247

2 dated milestones of Eclinic247 across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Eclinic247 is founded.
  2. Exit Acquired by Medlife.

Competitors of Eclinic247

Eclinic247 has 3 listed competitors in our database, 3 of them funded. They include Mosaic Wellness, MyHealthcare and DocsApp.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
mosaicwellness.in2019Mumbai, India$68M445
Provider of digital health coaching platforms for men, women, and parents
myhealthcare.co2017Gurugram, India$12.68M128
Provider of comprehensive digital healthcare ecosystem
docsapp.in2012Bengaluru, India$26.2M1,171
Chat-based mobile app for doctor teleconsultations is provided to patients.
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Detailed competitors of Eclinic247

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Top companies in Digital Health & Telemedicine

3 companies that operate in the same segment as Eclinic247 (Digital Health & Telemedicine) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of an online pharmacy with doctor listing and teleconsultation services
2015Delhi, Delhi, IndiaUSD 199.65 MUSD 328.97 M5,212
Online platform offering multiple healthcare services
2013Bengaluru, Karnataka, IndiaUSD 199.22 MUSD 62.4 M52
An online marketplace for healthcare products is operated.
2011Kolkata, West Bengal, IndiaUSD 38.26 M
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Related news about Eclinic247

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Frequently Asked Questions about Eclinic247

Eclinic247 was founded in 2015.

Eclinic247 is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Eclinic247 was founded in 2015 in Bengaluru, India, as an online platform in the healthcare sector. Patients are enabled to request doctor callbacks, followed by video or teleconsultation sessions. Queries can be submitted through instant chat or email. Cloud-based health record management is offered, along with integration to a network of pharmacies and pathology or diagnostic laboratories for comprehensive services.

Eclinic247's top competitors include Mosaic Wellness, DocsApp and MyHealthcare.

Eclinic247 has 1 investor. Key investors include Medlife.

Eclinic247 operates through Singularity Healthcare It Systems Private Limited.

Yes. Eclinic247 was acquired by Medlife in November 2018.

The legal entities of Eclinic247 currently have 2 directors, including Nedumaram Krishanswamy Venugopal, Aravindhalakshmi Jeyandran.

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