FutureCure

Jaipur, India Founded: 2019 • Age: 7 yrs Minicorn
Provider of migraine treatment and digital therapeutics. It operates specialized clinics offering advanced technologies like Remote Electrical Neuro-Modulation (REN) and Transcutaneous Electrical Nerve Stimulation (TENS) for headache treatment. A team of neurologists, neuro-otologists, and psychologists provides detailed evaluations and treatment plans. The clinics also utilize a clinical decision support system for medication selection and a digital therapeutics app incorporating biofeedback for Cognitive Behavioral Therapy (CBT). This app supports lifestyle changes to manage migraine symptoms.

About FutureCure

FutureCure is a Healthcare company based in Jaipur (India) founded in 2019 by Anita Bhandari and Rajneesh Bhandari. FutureCure has raised $14.96 million across 3 funding rounds from investors including Kotak Mahindra Bank, Unicorn India Ventures and Flair Pens. FutureCure was last valued at $44.08 million in September 2024. Its Indian entity Futurecure Health Private Limited reported revenue of β‚Ή17.31 Cr. Its focus areas include HealthTech, Healthcare IT, Value Based Care and Patient Engagement.

Company details

Provider of migraine treatment and digital therapeutics. It operates specialized clinics offering advanced technologies like Remote Electrical Neuro-Modulation (REN) and Transcutaneous Electrical Nerve Stimulation (TENS) for headache treatment. A team of neurologists, neuro-otologists, and psychologists provides detailed evaluations and treatment plans. The clinics also utilize a clinical decision support system for medication selection and a digital therapeutics app incorporating biofeedback for Cognitive Behavioral Therapy (CBT). This app supports lifestyle changes to manage migraine symptoms.

  • Headquarters Jaipur, India
  • Founders Anita Bhandari, Rajneesh Bhandari
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website futurecurehealth.com
  • Legal Name Futurecure Health Private Limited
  • Date of Incorporation 13 May, 2019
  • Jurisdiction Jaipur, Rajasthan, India
Key Metrics
  • Annual Revenue
    ₹17.31 Cr

    FY 2025 · -6% YoY

  • Net Loss
    -₹12.18 Cr

    FY 2025 · -70% margin

  • EBITDA
    -₹8.24 Cr

    FY 2025 · -48% margin

  • Total Equity Funding
    $14.96M (USD)

    in 3 rounds

  • Latest Funding Round
    $9.9M (USD), Series A

    Sep 2024

  • Investors

Funding Insights of FutureCure

FutureCure has successfully raised a total of $14.96M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $9.9 million completed in September 2024. 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 $14.96M
  • Total Rounds 3
  • Last Round Series A β€” $9.9M
  • First Round $1.06M

    (Oct 2019)

  • Investors Count 14

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2024$9.9MSeries A$44.08MCarnelian
Mar 2022$4MSeries A$14.59MUnicorn India Ventures, Rajasthan Venture Capital Fund
Oct 2019$1.06MSeed$β€’β€’β€’β€’β€’Unicorn India Ventures
–
Valuation history
DateValuationStage
Sep 2024$44.08Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2022$14.59Mβ€’β€’β€’β€’β€’β€’β€’β€’
Oct 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Last known valuation $44.08M (Sep 2024). 14 investors in total: 9 institutional and 5 angel.

Investors in FutureCure

FutureCure has secured backing from 14 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Kotak Mahindra Bank, Unicorn India Ventures and Flair Pens.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm offering seed funding and support to startups in technology and innovation sectors.
2014unicornivc.comMumbai, India
Venture capital fund investing in multiple sectors
2002rvcf.orgJaipur, India
Investment management is conducted by Carnelian in capital markets.
carneliancapital.co.inMumbai, India
A news channel network is operated from Jaipur, India.
rajasthanpatrika.comJaipur, India
Provider of investment advisory services
Mumbai, India
Brand of writing instruments
1994flairpens.comMumbai, India
Woven plastic materials are manufactured by Plasti Weave Industries.
Commercial banking services are offered to corporate and retail customers.
1985kotak.comMumbai, India

Mukul Mahavir Agrawal

unknown_e7f8f5c2da6548a59
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Board of directors of Futurecure Health Private Limited (FutureCure)

Futurecure Health Private Limited is the primary company behind FutureCure. The board of Futurecure Health Private Limited currently have 4 directors; the longest-serving is Rajneesh Bhandari, appointed in 2019. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rajneesh Bhandari
DIN 00094089
Managing Director13 May 20197 yrs 6 moFuturecure Health Private Limited
Anita Bhandari
DIN 08510326
Director28 Aug 20206 yrs 2 moFuturecure Health Private Limited
Gaurav Chowdhry
DIN 02695010
Nominee Director11 Mar 20224 yrs 8 moFuturecure Health Private Limited
Deepak Malik
DIN 10926010
Nominee Director28 Jan 20251 yr 9 moFuturecure Health Private Limited

People of FutureCure

2 people are tracked at FutureCure (2 in leadership).

NameRoleGroup
Co-Founder & DirectorLeadership
Co-Founder & Managing DirectorLeadership
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Financials of FutureCure

Figures of Futurecure Health Private Limited, the primary company behind FutureCure, for FY 2025. Revenue was ₹17.31 Cr (-6% year on year). Net loss was -₹12.18 Cr (-70% margin). EBITDA was -₹8.24 Cr (-48% margin). Revenue has grown at a compounded annual rate of +46% over three years and +37% over five years.

  • ₹17.31 CrRevenue · FY 2025 · -6% YoY
  • -₹12.18 CrNet loss · -70% margin
  • -₹8.24 CrEBITDA · -48% margin
  • ₹1.60 CrPaid-up capital
  • 249Employees (provident fund records)
  • +46%Revenue CAGR, 3 years
  • +37%Revenue CAGR, 5 years

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

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Detailed financial statements for FutureCure

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Timeline of FutureCure

4 dated milestones of FutureCure across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded FutureCure is founded.
  2. Funding First funding round of $1.1M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $9.9M.
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Related news about Futurecure

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Frequently Asked Questions about FutureCure

FutureCure was founded in 2019.

FutureCure is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.

FutureCure is a funded company, having raised a total of $14.96M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.06M, raised on Oct 2019.

The primary company behind FutureCure, Futurecure Health Private Limited, reported revenue of β‚Ή17.31 Cr for FY 2025, down 6% year on year.

Provider of migraine treatment and digital therapeutics. It operates specialized clinics offering advanced technologies like Remote Electrical Neuro-Modulation (REN) and Transcutaneous Electrical Nerve Stimulation (TENS) for headache treatment. A team of neurologists, neuro-otologists, and psychologists provides detailed evaluations and treatment plans. The clinics also utilize a clinical decision support system for medication selection and a digital therapeutics app incorporating biofeedback for Cognitive Behavioral Therapy (CBT). This app supports lifestyle changes to manage migraine symptoms.

FutureCure has 14 investors. Key investors include Kotak Mahindra Bank, Unicorn India Ventures, Flair Pens, Rajasthan Venture Capital Fund, and Carnelian.

The valuation of FutureCure is $44.08M as of Sep 2024.

FutureCure operates through Futurecure Health Private Limited.

The legal entities of FutureCure currently have 4 directors, including Anita Bhandari, Gaurav Chowdhry, Rajneesh Bhandari and others.

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