About Fedo
Fedo is a Financial Services company based in Bengaluru (India) founded in 2018 by Prasanth Madavana. AI-based health risks prediction and body vitals monitoring platform. It operates in the Financial Services and Technology sectors. Fedo has raised $1.07 million across 3 funding rounds from investors including Unicorn India Ventures, Seafund and Ashish Mehrotra. Fedo was last valued at $1.79 million in October 2020. Its chief executive, as recorded, is Prasanth Madavana. Fedo offers products and services including Gut Health Profiling, Vital Signs Monitoring, Skin Analysis, and BMI Calculation. Its focus areas include High Tech, Computer Vision, Industry Specific Applications and Health Care. Its legal entity in India is Spes Labs Private Limited (U74900KA2014PTC076791). Its competitors include iNube Software Solutions, Toffee Insurance and Remedinet Technologies; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2018 and based in Bengaluru, India, Fedo operates in the health technology sector. AI is utilized for predicting health risks and monitoring body vitals. Two products are offered: Fedo Vitals, through which video recordings are analyzed to determine health scores and vital measures such as blood pressure, heart rate, and BMI; and Fedo RUW, by which health risks are forecasted for insurance purposes to support risk-based premium calculations.
- Total Equity Funding$1.07M (USD)
in 3 rounds
- Latest Funding Round$1.02M (USD), Seed
Oct 2020
- InvestorsUnicorn India Ventures
& 6 more
Associated legal entities of Fedo
Fedo is associated with 2 registered companies on The Company Check; the primary company is Spes Labs Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Spes Labs Private Limited CIN U74900KA2014PTC076791 | Strike Off | 15 Oct 2014 | Bangalore, Karnataka | 2 | View details | ||
| Fedo Health Technologies Private Limited CIN U74994KL2018PTC073570 | Active | 21 Mar 2018 | Kottayam, Kerala | ₹0.3 Cr | 3 | View details |
Products & Services of Fedo
Fedo offers a comprehensive portfolio of products and services, including Gut Health Profiling, Vital Signs Monitoring, Skin Analysis, and BMI Calculation.
Profiles gut microbiome via facial markers for non-invasive analysis.
Tracks heart rate and blood pressure using mobile camera technology.
Detects skin concerns through AI-based image processing.
Estimates body mass index from selfies for quick health checks.
Apps and channels of Fedo
its YouTube channel Fedo has 6 subscribers and 5 videos.
Videos from Fedo
The most watched videos on Fedo's YouTube channel, Fedo (6 subscribers). Click a video to play it here.
More on Fedo.
Funding Insights of Fedo
Fedo has successfully raised a total of $1.07M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.02 million completed in October 2020. 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 $1.07M
- Total Rounds 3
- Last Round Seed — $1.02M
- Investors Count 7
All 3 funding rounds of Fedo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2020 | $1.02M | Seed | $1.79M | Unicorn India Ventures | |
| Sep 2018 | $49,181 | Angel Round | $2M | Joyesh Thomas | – |
| Apr 2018 | Debt – Conventional | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2020 | $1.79M | •••••••• |
| Sep 2018 | $2M | •••••••• |
Last known valuation $1.79M (Oct 2020). 7 investors in total: 2 institutional and 5 angel.
Investors in Fedo
Fedo has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Unicorn India Ventures, Seafund and Ashish Mehrotra.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm offering seed funding and support to startups in technology and innovation sectors. | 2014 | unicornivc.com | Mumbai, India | |
Venture capital investments in deeptech startups, providing capital and strategic support in Bangalore. | 2018 | seafund.in | Bengaluru, India | |
AM Ashish Mehrotra | Angel investor, ex-MD Northern Trust, focused on fintech and tech startups | unknown_7ff0c418ca2e44edb | ||
GR Girish R | unknown_7430fb0841b544038 | |||
AA Anish A | unknown_7488a3ba08164b57b | |||
SG Suman Gandham | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_fbce21e377154ea99 | ||
JT Joyesh Thomas | unknown_c46cb7c8509249bea |
Investor details for Fedo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Spes Labs Private Limited (Fedo)
Spes Labs Private Limited is the primary company behind Fedo. The boards of the 2 registered companies of Fedo currently have 4 directors; the longest-serving is Deena Jacob, appointed in 2014. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Deena Jacob DIN 06552579 | Director | 15 Oct 2014 | 12 yrs | Spes Labs Private Limited |
| Prasanth Balakrishnapillai Madavana DIN 06944439 | Director | 21 Mar 2018 | 8 yrs 7 mo | Fedo Health Technologies Private Limited, Spes Labs Private Limited |
| Anil Rambilash Joshi DIN 01522133 | Nominee Director | 21 Jun 2021 | 5 yrs 4 mo | Fedo Health Technologies Private Limited |
| Dhanya Ajith DIN 10042472 | Director | 03 Feb 2023 | 3 yrs 9 mo | Fedo Health Technologies Private Limited |
People of Fedo
1 people are tracked at Fedo (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership |
Complete people profiles for Fedo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Fedo
4 dated milestones of Fedo across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Fedo is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.0M.
Competitors of Fedo
Fedo has 3 listed competitors in our database, 3 of them funded. They include iNube Software Solutions, Toffee Insurance and Remedinet Technologies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| inubesolutions.com | 2010 | Bengaluru, India | $545,172 | 266 | Software solutions are provided for multiple industry verticals. | |
| toffcover.in | 2017 | Gurugram, India | $12.19M | 1 | Provider of microinsurance products for individuals | |
| remedinet.com | 2006 | Bengaluru, India | $4.41M | 188 | Healthcare payer-provider network solutions for claims automation are provided. |
Detailed competitors of Fedo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Insurance Technology & Support Services
2 companies that operate in the same segment as Fedo (Insurance Technology & Support Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
API-enabled insurance distribution platform is provided for B2C companies. | 2011 | Noida, Uttar Pradesh, India | USD 120.6 M |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Fedo
Complete news archive for Fedo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fedo
Fedo was founded in 2018.
Fedo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Prasanth Madavana is the CEO of Fedo, as recorded in our data. They have also founded this company.
Fedo is a funded company, having raised a total of $1.07M across 3 funding rounds to date.
Founded in 2018 and based in Bengaluru, India, Fedo operates in the health technology sector. AI is utilized for predicting health risks and monitoring body vitals. Two products are offered: Fedo Vitals, through which video recordings are analyzed to determine health scores and vital measures such as blood pressure, heart rate, and BMI; and Fedo RUW, by which health risks are forecasted for insurance purposes to support risk-based premium calculations.
Fedo's top competitors include iNube Software Solutions, Remedinet Technologies and Toffee Insurance.
Fedo offers Gut Health Profiling, Vital Signs Monitoring, Skin Analysis, and BMI Calculation.
Fedo has 7 investors. Key investors include Unicorn India Ventures, Seafund, Ashish Mehrotra, Girish R, and Anish A.
The valuation of Fedo is $1.79M as of Oct 2020.
Fedo is associated with 2 legal entities: Spes Labs Private Limited, Fedo Health Technologies Private Limited.
The legal entities of Fedo currently have 4 directors, including Anil Rambilash Joshi, Dhanya Ajith, Prasanth Balakrishnapillai Madavana and others.