About Express Clinics
Express Clinics is a company based in Pune (India) founded in 2011 by Tilak Inderlal Sharma. 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 as of March 30, 2024. Express Clinics offers products and services including Executive Health Check Up, RT-PCR Test, Full Body Check Up, and Diabetes Check Up. Express Clinics operates in a competitive market with competitors including Fortis Healthcare, Ujala Cygnus, Narayana Health, Apollo Hospitals and Kauvery Hospital, among others.
- Headquarter Pune, India
- Employees 51 as on 30 Mar, 2024
- Founders Tilak Inderlal Sharma
- 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 Express Clinics Private Limited
- Date of Incorporation 08 Mar, 2011
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$2.58 M (USD)-51.99as on Mar 31, 2021
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Net Profit
-$754.52 K (USD)57.99as on Mar 31, 2021
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EBITDA
-$702.57 K (USD)55.67as on Mar 31, 2021
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Total Equity Funding
$21.51 M (USD)
in 3 rounds
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Latest Funding Round
$16.25 M (USD), Series B
Oct 01, 2014
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Investors
DaVita
& 5 more
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Employee Count
51
as on Mar 30, 2024
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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.
Comprehensive package for preventive health screening.
COVID-19 testing for rapid results.
Extensive screening for overall health assessment.
Profile for monitoring blood sugar levels.
People of Express Clinics
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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 Total Funding
- Total Rounds 3
- Last Round Series B — $16.3M
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First Round
First Round
(25 Aug 2011)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2014 | Amount | Series B - Express Clinics | Valuation | DaVita | |
| Aug, 2012 | Amount | Series A - Express Clinics | Valuation | Somerset Indus Capital Partners | |
| Aug, 2011 | Amount | Seed - Express Clinics | Valuation | Lotus Capital Investments |
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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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Healthcare investments focused on accessibility, affordability, and ESG integration in India.
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Founded Year | Domain | Location | |
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Infrastructure funds are managed with focus on impact investments.
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Founded Year | Domain | Location | |
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Dialysis clinics are operated nationwide for kidney care services.
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Founded Year | Domain | Location |
Investments & Acquisitions by Express Clinics
Financial Statements - Express Clinics
Express Clinics Comparisons
Competitors of Express Clinics
Express Clinics 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 Fortis Healthcare, Ujala Cygnus, Narayana Health, Apollo Hospitals and Kauvery Hospital, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-specialty hospital services are provided across India by Fortis Healthcare.
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| domain | founded_year | HQ Location |
A chain of multi-specialty hospitals is operated in India.
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| domain | founded_year | HQ Location |
A chain of multi-specialty hospitals is operated in India.
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| domain | founded_year | HQ Location |
Chain of multispecialty hospitals
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| domain | founded_year | HQ Location |
Chain of multi-speciality hospitals
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| domain | founded_year | HQ Location |
Multispeciality secondary and tertiary care is provided by hospital chains.
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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 25, 2011.
As of Mar 30, 2024, the latest employee count at Express Clinics is 51.
Annual revenue of Express Clinics is $2.58M as on Mar 31, 2021.
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.