About Elevate Now
Elevate Now is a company based in Mumbai (India) founded in 2022 by Suryansh Kumar.. Elevate Now has raised $1.26 million across 2 funding rounds from investors including Narayana Health, W Health Ventures and Wahala Venture. The company has 53 employees as of April 08, 2024. Elevate Now offers products and services including Therapeutic Weight Loss Plan and Allurion Gastric Balloon. Elevate Now operates in a competitive market with competitors including Fitelo, Livofy, Upnourish, Health Builder and Guide My Diet, among others.
- Headquarter Mumbai, India
- Employees 53 as on 08 Apr, 2024
- Founders Suryansh Kumar
- Stage Minicorn
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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
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- Legal Name Enlight Now Healthcare Pvt Ltd
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$12.94 K (USD)0as on Mar 31, 2023
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Net Profit
$-267.14 K (USD)0as on Mar 31, 2023
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EBITDA
$-267.45 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$1.26 M (USD)
in 2 rounds
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Latest Funding Round
$762.14 K (USD), Seed
Jul 10, 2023
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Investors
Narayana Health
& 3 more
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Employee Count
53
as on Apr 08, 2024
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Products & Services of Elevate Now
Elevate Now offers a comprehensive portfolio of products and services, including Therapeutic Weight Loss Plan and Allurion Gastric Balloon. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Doctor-guided program for sustainable weight loss through interventions and coaching.
Non-surgical method for fast weight loss without endoscopy or anesthesia.
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Funding Insights of Elevate Now
Elevate Now has successfully raised a total of $1.26M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $762.14 thousand completed in July 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 — $762,143
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First Round
First Round
(05 Jan 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Seed - Elevate Now | Valuation |
investors |
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| Jan, 2023 | Amount | Seed - Elevate Now | Valuation | W Health Ventures |
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| 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 Elevate Now
Elevate Now has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Narayana Health, W Health Ventures and Wahala Venture. 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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Investments in healthcare companies across India and the US, focusing on building startups in sectors like mental health and diabetes management.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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A chain of multi-specialty hospitals is operated 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 Elevate Now
| 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 - Elevate Now
| 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 |
Elevate Now Comparisons
Competitors of Elevate Now
Elevate Now 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 Fitelo, Livofy, Upnourish, Health Builder and Guide My Diet, 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 |
Diet plans for weight management are delivered via mobile app.
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| domain | founded_year | HQ Location |
Nutritionist consultations and personalized diet plans are offered online.
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| domain | founded_year | HQ Location |
Online nutritionist consultations are provided for weight management.
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| domain | founded_year | HQ Location |
An online platform offering professional nutritionist consultations for health improvement.
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| domain | founded_year | HQ Location |
Provides personalized diet plans for weight loss, gut health, and chronic conditions management.
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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 Elevate Now
When was Elevate Now founded?
Elevate Now was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Elevate Now located?
Elevate Now is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Elevate Now?
Suryansh Kumar is the current CEO of Elevate Now. They have also founded this company.
Is Elevate Now a funded company?
Elevate Now is a funded company, having raised a total of $1.26M across 2 funding rounds to date. The company's 1st funding round was a Seed of $495.26K, raised on Jan 05, 2023.
How many employees does Elevate Now have?
As of Apr 08, 2024, the latest employee count at Elevate Now is 53.
What is the annual revenue of Elevate Now?
Annual revenue of Elevate Now is $12.94K as on Mar 31, 2023.
What does Elevate Now do?
Elevate Now was founded in 2022 in Mumbai, India, focusing on the healthcare sector through online platforms. Medically supervised weight loss programs are delivered, incorporating therapeutic interventions, nutritional guidance, fitness techniques, and stress management. Personalized plans are created after consultations and assessments, with coaching support extended throughout the process. Medications and medical devices are utilized where suitable to support sustainable health outcomes.
Who are the top competitors of Elevate Now?
What products or services does Elevate Now offer?
Elevate Now offers Therapeutic Weight Loss Plan and Allurion Gastric Balloon.
Who are Elevate Now's investors?
Elevate Now has 4 investors. Key investors include Narayana Health, W Health Ventures, Wahala Venture, and Diapad Hygiene.
What is Elevate Now's valuation?
The valuation of Elevate Now is $10.65M as of Jul 2023.
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