Express Clinics

Pune, India Founded: 2011 • Age: 15 yrs Minicorn
Multi-specialty primary and secondary care is delivered through urban clinics.

About Express Clinics

Express Clinics is a Healthcare company based in Pune (India) founded in 2011 by Tilak Inderlal Sharma. It operates as a multi-specialty primary and secondary care is delivered through urban clinics. Express Clinics has raised $21.51 million across 3 funding rounds from investors including DaVita, Somerset Indus Capital Partners and Dc Healthcare. The company has 51 employees. Express Clinics was last valued at $45.67 million in October 2014. Its Indian entity Express Clinics Private Limited reported revenue of β‚Ή11.31 Cr. Express Clinics offers products and services including Executive Health Check Up, RT-PCR Test, Full Body Check Up, and Diabetes Check Up. Its focus areas include Hospital Chains and Multispecialty Hospital Chains. Its competitors include Fortis Healthcare, Ujala Cygnus, Narayana Health, Apollo Hospitals and Kauvery Hospital and 2 more; 4 of its 7 listed competitors have raised funding.

Company details

Express Clinics was established in 2011 in Pune, India, within the healthcare sector. Consultations with general physicians and specialists, along with pathology, radiology, and custom health packages, are offered. Operations include 26 clinics across Pune, Delhi, Mumbai, and Bangalore. A strategic stake was acquired by US-based DaVita HealthCare in October 2014. Expansion to 500 clinics nationwide by 2015 was planned, with each site estimated at Rs 1.5 crore.

  • Headquarters Pune, India
  • Employees 51
  • Founders Tilak Inderlal Sharma
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website expressclinics.in
  • Social LinkedIn X Facebook
  • Legal Name Express Clinics Private Limited
  • Date of Incorporation 08 Mar, 2011
  • Jurisdiction Pune, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹11.31 Cr

    FY 2023 · -36% YoY

  • Net Loss
    -₹3.52 Cr

    FY 2023 · -31% margin

  • EBITDA
    -₹3.09 Cr

    FY 2023 · -27% margin

  • Total Equity Funding
    $21.51M (USD)

    in 3 rounds

  • Latest Funding Round
    $16.25M (USD), Series B

    Oct 2014

  • Investors
    DaVita

    & 5 more

  • Employee Count
    51

Products & Services of Express Clinics

Express Clinics offers a comprehensive portfolio of products and services, including Executive Health Check Up, RT-PCR Test, Full Body Check Up, and Diabetes Check Up.

Executive Health Check Up
Health Package

Comprehensive package for preventive health screening.

RT-PCR Test
Diagnostic Test

COVID-19 testing for rapid results.

Full Body Check Up
Health Package

Extensive screening for overall health assessment.

Diabetes Check Up
Diagnostic Test

Profile for monitoring blood sugar levels.

Funding Insights of Express Clinics

Express Clinics has successfully raised a total of $21.51M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $16.25 million completed in October 2014. 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 $21.51M
  • Total Rounds 3
  • Last Round Series B β€” $16.25M
  • First Round $760,834

    (Aug 2011)

  • Investors Count 6

All 3 funding rounds of Express Clinics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2014$16.25MSeries B$45.67MDaVita
Aug 2012$4.5MSeries A$12.64MSomerset Indus Capital Partners
Aug 2011$760,834Seed$β€’β€’β€’β€’β€’Lotus Capital Investments
–
Valuation history
DateValuationStage
Oct 2014$45.67Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2012$12.64Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2011$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Express Clinics

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Last known valuation $45.67M (Oct 2014). 6 investors in total: 4 institutional and 2 angel.

Investors in Express Clinics

Express Clinics has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include DaVita, Somerset Indus Capital Partners and Dc Healthcare.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Healthcare investments focused on accessibility, affordability, and ESG integration in India.
2011somersetinduscap.comMumbai, India
Infrastructure funds are managed with focus on impact investments.
–lotus-capital.comNew York, United States
Dialysis clinics are operated nationwide for kidney care services.
1979davita.comDenver, United States
-
–dchealthcare.tcc.mode-

Santi Kaliappan

-
–unknown_4dd4fd5137094183a-

Mayur Anand Sirdesai

Co-founder of Swiggy, active angel investor in Indian startups
–unknown_d1e05e393c784941a-
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Investor details for Express Clinics

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Board of directors of Express Clinics Private Limited (Express Clinics)

Express Clinics Private Limited is the primary company behind Express Clinics. The board of Express Clinics Private Limited currently have 2 directors; the longest-serving is Tilak Inderlal Sharma, appointed in 2014. 10 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Tilak Inderlal Sharma
DIN 02221076
Director21 Jul 201412 yrs 2 moExpress Clinics Private Limited
Inder Raj Bhalla
DIN 07560639
Additional Director29 Dec 20232 yrs 9 moExpress Clinics Private Limited

People of Express Clinics

6 people are tracked at Express Clinics (3 in leadership, 3 in team); the tracked headcount is 51.

NameRoleGroup
Co-FounderLeadership
Brij Sharma
Founder & CEOLeadership
Dr Jolly Gupta Jain Ot
Consultant Occupational Therapist And Head Of Rehab.Leadership
Nilesh Patil
Operations ManagerTeam
Bhagyashree Vaishnav
HR ExecutiveTeam
Vinod Kumar Kannappan
Operations Center ManagerTeam
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Financials of Express Clinics

Figures of Express Clinics Private Limited, the primary company behind Express Clinics, for FY 2023. Revenue was ₹11.31 Cr (-36% year on year). Net loss was -₹3.52 Cr (-31% margin). EBITDA was -₹3.09 Cr (-27% margin). Revenue has grown at a compounded annual rate of -34% over three years and -13% over five years.

  • ₹11.31 CrRevenue · FY 2023 · -36% YoY
  • -₹3.52 CrNet loss · -31% margin
  • -₹3.09 CrEBITDA · -27% margin
  • ₹8 LakhPaid-up capital
  • 51Employees (provident fund records)
  • -34%Revenue CAGR, 3 years
  • -13%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Express Clinics Private Limited are on its company page.

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Timeline of Express Clinics

4 dated milestones of Express Clinics across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Express Clinics is founded.
  2. Funding First funding round of $761K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series B, of $16.3M.

Competitors of Express Clinics

Express Clinics has 7 listed competitors in our database, 4 of them funded. They include Fortis Healthcare, Ujala Cygnus, Narayana Health, Apollo Hospitals and Kauvery Hospital, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
fortishealthcare.com1996Gurugram, India–1,565
Multi-specialty hospital services are provided across India by Fortis Healthcare.
ujalacygnus.com2011Delhi, India$36.74M2,084
A chain of multi-specialty hospitals is operated in India.
narayanahealth.org2000Bengaluru, India$148.2M8,145
A chain of multi-specialty hospitals is operated in India.
apollohospitals.com1983Chennai, India–21,350
Chain of multispecialty hospitals
kauveryhospital.com1999Chennai, India–8,040
Chain of multi-speciality hospitals
kimshospitals.com1999Secunderabad, India$62.46M4,911
Multispeciality secondary and tertiary care is provided by hospital chains.
sahyadrihospital.com1994Pune, India$48.38M2,160
Multi-speciality hospitals are operated with diverse medical services in India.
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Detailed competitors of Express Clinics

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Web traffic of Express Clinics

The website of Express Clinics (expressclinics.in) receives about 2.2K visits a month.

  • Monthly visits
    2.2K

    ▼ 13.1% vs previous month

Similar websites

Websites whose visitors overlap most with Express Clinics. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
jantaxray.in
100%
–#3,595,203View details
mdrcindia.com
97%
19.5K#970,645View details
viestories.com
94%
24.8K#1,219,251View details
lifesonmanipal.com
lifesonmanipal.com
90%
–#312,243–
unipath.in
90%
78.2K#332,731View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Hospitals & Clinical Care

10 companies that operate in the same segment as Express Clinics (Hospitals & Clinical Care), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Maternity, childcare, and fertility services are delivered via hospital chains.
2007Bengaluru, Karnataka, IndiaUSD 204.87 MUSD 140.46 M4,459
Chain of oncology hospitals
1989Bengaluru, Karnataka, IndiaUSD 90.03 MUSD 270.51 M8,400
Chain of multi-super specialty healthcare hospitals
2004Gurugram, Haryana, IndiaUSD 104.7 MUSD 461.72 M12,240
Multispeciality secondary and tertiary care is provided by hospital chains.
1999Secunderabad, Telangana, IndiaUSD 62.46 MUSD 416.2 M6,490
Multispecialty hospitals are operated as a chain in India.
2001Delhi, Delhi, India–USD 889.96 M26,830
Multi-specialty hospitals and surgery centers are operated nationwide.
1968Nashville, Tennessee, United StatesUSD 97.27 MUSD 75.6 B316,000
Standalone veterinary clinics are operated for pet care services.
2017New York, New York, United StatesUSD 98.5 M––
Healthcare services, research, education, and community support are provided.
1942United States–––
Multispecialty hospitals are operated as a chain in India.
1991Bengaluru, Karnataka, IndiaUSD 645.32 MUSD 1.1 B–
Healthcare services are delivered through integrated hospital networks.
2002United States–––
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Related news about Express Clinics

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Frequently Asked Questions about Express Clinics

Express Clinics was founded in 2011.

Express Clinics is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Express Clinics is a funded company, having raised a total of $21.51M across 3 funding rounds to date. The company's 1st funding round was a Seed of $760.83K, raised on Aug 2011.

Express Clinics has 51 employees.

The primary company behind Express Clinics, Express Clinics Private Limited, reported revenue of β‚Ή11.31 Cr for FY 2023, down 36% year on year.

Express Clinics was established in 2011 in Pune, India, within the healthcare sector. Consultations with general physicians and specialists, along with pathology, radiology, and custom health packages, are offered. Operations include 26 clinics across Pune, Delhi, Mumbai, and Bangalore. A strategic stake was acquired by US-based DaVita HealthCare in October 2014. Expansion to 500 clinics nationwide by 2015 was planned, with each site estimated at Rs 1.5 crore.

Express Clinics's top competitors include KIMS Hospitals, Fortis Healthcare and Ujala Cygnus.

Express Clinics offers Executive Health Check Up, RT-PCR Test, Full Body Check Up, and Diabetes Check Up.

Express Clinics has 6 investors. Key investors include DaVita, Somerset Indus Capital Partners, Dc Healthcare, Lotus Capital Investments, and Santi Kaliappan.

The valuation of Express Clinics is $45.67M as of Oct 2014.

Express Clinics operates through Express Clinics Private Limited.

The legal entities of Express Clinics currently have 2 directors, including Inder Raj Bhalla, Tilak Inderlal Sharma.

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