About ElderAid
ElderAid is a company based in Bengaluru (India) founded in 2015 by Santosh Abraham. ElderAid has raised $13.57 thousand across 3 funding rounds from investors including DBS Bank and Rugmini Menon. ElderAid offers products and services including Health Services, Concierge Services, Wellness Services, and Care Friend Programme. ElderAid operates in a competitive market with competitors including KITES Senior Care, CareBuddy, India Home Health Care, Sarathi Healthcare and Support Elders, among others.
- Headquarter Bengaluru, India
- Founders Santosh Abraham
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Elderaid Wellness Private Limited
- Date of Incorporation 03 Jul, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$216.23 K (USD)545.32as on Mar 31, 2022
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Net Profit
$6.02 K (USD)642.92as on Mar 31, 2022
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EBITDA
$6.09 K (USD)88.07as on Mar 31, 2022
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Total Equity Funding
$13.57 K (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
DBS Bank
& 1 more
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Employee Count
Not available
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Products & Services of ElderAid
ElderAid offers a comprehensive portfolio of products and services, including Health Services, Concierge Services, Wellness Services, and Care Friend Programme.
Provides accompanied doctor visits and at-home caretakers for elders.
Handles bill payments, errands, and accompanied travel for seniors.
Offers social, emotional, and mental support for elderly well-being.
Connects caregivers to provide personalized elder assistance programs.
Funding Insights of ElderAid
ElderAid has successfully raised a total of $13.57K 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.
Investors in ElderAid
ElderAid has secured backing from 2 investors, including institutional and angel investors. Prominent investors backing the company include DBS Bank and Rugmini Menon.
| Investor | Description | Founded Year | Domain | Location |
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A leading bank in Singapore, offering diverse financial services.
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RM
Rugmini Menon |
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Locked | Locked | Locked |
Investor details for ElderAid
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Investments & Acquisitions by ElderAid
Investment portfolio details for ElderAid
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Financial Statements - ElderAid
Detailed financials for ElderAid
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- Profit trends
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Elderaid Comparisons
Peer comparison for ElderAid
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of ElderAid
ElderAid 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 KITES Senior Care, CareBuddy, India Home Health Care, Sarathi Healthcare and Support Elders, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Nursing care services for seniors are provided at home.
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Home healthcare services along with handyman services for the elderly
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Home-based nursing healthcare services are provided to clients.
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| Locked | Locked | Locked |
Provider of elderly care services including concierge, nutrition, medical, emotional, and wellness
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Delivers comprehensive elderly care services at home.
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Detailed competitors of ElderAid
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Latest news on Elderaid
Complete news archive for ElderAid
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Frequently Asked Questions about ElderAid
ElderAid was founded in 2015 and raised its 1st funding round 2 years after it was founded.
ElderAid is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Santosh Abraham is the current CEO of ElderAid. They have also founded this company.
ElderAid is a funded company, having raised a total of $13.57K across 3 funding rounds to date.
Annual revenue of ElderAid is $216.23K as on Mar 31, 2022.
ElderAid was founded in 2015 in Bengaluru, India, within the elder care sector. Services are categorized into Emergency, Comfort, Get Well, and Premium buckets. Assistance includes full- or part-time nursing, accompaniment for medical check-ups and travels, bill payments, housekeeping, hobby classes, shopping, telephone and Skype checkups, and day outings for seniors. Operations focus on supporting elder independence and well-being in the region.
ElderAid's top competitors include KITES Senior Care, Support Elders and Happy60plus.
ElderAid offers Health Services, Concierge Services, Wellness Services, and Care Friend Programme.
ElderAid has 2 investors. Key investors include DBS Bank, and Rugmini Menon.
The valuation of ElderAid is $287.54K as of Oct 2020.