About Green Cure
Green Cure is a Healthcare company based in Delhi (India) founded in 2015. Manufacturer of ayurvedic wellness products. Green Cure has raised $368.91 thousand across 3 funding rounds from investors including Venture Catalysts, ACG Group and Basant Agro Tech. Green Cure was last valued at $2.81 million in July 2020. Its Indian entity Spv Laboratories Private Limited reported revenue of ₹4.43 Cr. Its focus areas include Alternative Medicine Products.
Company details
Green Cure was founded in 2015 and is located in Delhi, India. Operations focus on the ayurvedic wellness sector, where medicines for respiratory care, eye care, liver care, and skincare are produced. These products are developed using traditional ayurvedic formulations to support specific health areas. The company maintains manufacturing activities within India, targeting the domestic wellness market through its online domain.
- Headquarters Delhi, India
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website greencure.co.in
- Social LinkedIn X Facebook
- Legal Name Spv Laboratories Private Limited
- Date of Incorporation 19 Oct, 2015
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹4.43 Cr
FY 2025 · -23% YoY
- Net Loss-₹1.07 Cr
FY 2025 · -24% margin
- EBITDA-₹1.01 Cr
FY 2025 · -23% margin
- Total Equity Funding$368.91K (USD)
in 3 rounds
- InvestorsVenture Catalysts
& 64 more
Associated legal entities of Green Cure
Green Cure operates through Spv Laboratories Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Spv Laboratories Private Limited CIN U74140DL2015PTC374221 | Active | 19 Oct 2015 | New Delhi, Delhi | ₹4.4 Cr | 4 | View details |
Funding Insights of Green Cure
Green Cure has successfully raised a total of $368.91K across 3 strategic funding rounds. 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 $368,914
- Total Rounds 3
- First Round $368,914
(Jul 2020)
- Investors Count 65
All 3 funding rounds of Green Cure 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 |
|---|---|---|---|---|---|
| Jun 2021 | Seed | – | Venture Catalysts | – | |
| Jan 2021 | Seed | – | – | – | |
| Jul 2020 | $368,914 | Seed | $2.81M | M Shikhar, Srikanth Mallur Ramesh Iyengar |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2020 | $2.81M | •••••••• |
Last known valuation $2.81M (Jul 2020). 65 investors in total: 7 institutional and 58 angel.
Investors in Green Cure
Green Cure has secured backing from 65 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Venture Catalysts, ACG Group and Basant Agro Tech.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Venture capital support for startups through seed funding and mentoring services across various sectors. | 2018 | sharkventures.in | Gurugram, India | |
Business solutions for retailers are provided by Vista Business Ventures. | vistabusinessventures.tcc.mode | Mumbai, India | ||
Chemical fertilizers, nutrients, and seeds are manufactured for agriculture. | 1990 | krishisanjivani.com | Akola, India | |
Manufacturer & supplier of solid dosage products, pharmaceutical machinery and equipment, and packaging solutions | 1961 | acg-world.com | Mumbai, India | |
Provider of liquid oxygen, nitrogen, and hydrogen cylinders | 1961 | asiaticoxygenltd.com | Kolkata, India | |
Manufacturing of tubes and quality services in Palwal, Haryana. | 2014 | ferrontubes.com | Palwal, India | |
VL Vedant Loyalka | unknown_68a2776546c44dfdb | |||
JB Jigneshkumar Bhagubhai Lad | unknown_ca62758c879e42cf9 | |||
JS Jesal Sanghvi | unknown_90193af9230c41d49 |
Investor details for Green Cure
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 Spv Laboratories Private Limited (Green Cure)
Spv Laboratories Private Limited is the primary company behind Green Cure. The board of Spv Laboratories Private Limited currently have 4 directors; the longest-serving is Priyanka Garg, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Priyanka Garg DIN 00024173 | Nominee | 19 Oct 2015 | 11 yrs | Spv Laboratories Private Limited |
| Sanchit Garg DIN 06634089 | Director | 21 Mar 2016 | 10 yrs 7 mo | Spv Laboratories Private Limited |
| Vanshaj Garg DIN 08373610 | Director | 25 Feb 2019 | 7 yrs 8 mo | Spv Laboratories Private Limited |
| Cyrus Jal Patel DIN 09735591 | Director | 13 Sep 2022 | 4 yrs 1 mo | Spv Laboratories Private Limited |
Financials of Green Cure
Figures of Spv Laboratories Private Limited, the primary company behind Green Cure, for FY 2025. Revenue was ₹4.43 Cr (-23% year on year). Net loss was -₹1.07 Cr (-24% margin). EBITDA was -₹1.01 Cr (-23% margin). Revenue has grown at a compounded annual rate of +26% over five years.
- ₹4.43 CrRevenue · FY 2025 · -23% YoY
- -₹1.07 CrNet loss · -24% margin
- -₹1.01 CrEBITDA · -23% margin
- ₹3.81 CrPaid-up capital
- +26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Spv Laboratories Private Limited are on its company page.
Detailed financial statements for Green Cure
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Green Cure
4 dated milestones of Green Cure across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Green Cure is founded.
- Funding First funding round of $369K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed,.
Top companies in Alternative Medicine Products
3 companies that operate in the same segment as Green Cure (Alternative Medicine Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Homeopathic medicine manufacturing and online retail in India. | 1898 | Noida, Uttar Pradesh, India | USD 26.35 M | 1,192 | ||
Operates an online store specializing in ayurvedic and homeopathic medicines. | 2016 | Delhi, Delhi, India | USD 1.25 M | 16 | ||
Offers Ayurvedic treatments, consultations, and products for various diseases and wellness. | 1992 | Faridabad, Haryana, India | USD 10.08 M | 570 |
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Frequently Asked Questions about Green Cure
Green Cure was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Green Cure is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Green Cure is a funded company, having raised a total of $368.91K across 3 funding rounds to date. The company's 1st funding round was a Seed of $368.91K, raised on Jul 2020.
The primary company behind Green Cure, Spv Laboratories Private Limited, reported revenue of ₹4.43 Cr for FY 2025, down 23% year on year.
Green Cure was founded in 2015 and is located in Delhi, India. Operations focus on the ayurvedic wellness sector, where medicines for respiratory care, eye care, liver care, and skincare are produced. These products are developed using traditional ayurvedic formulations to support specific health areas. The company maintains manufacturing activities within India, targeting the domestic wellness market through its online domain.
Green Cure has 65 investors. Key investors include Venture Catalysts, ACG Group, Basant Agro Tech, Shark Ventures, and Asiatic Oxygen Ltd.
The valuation of Green Cure is $2.81M as of Jul 2020.
Green Cure operates through Spv Laboratories Private Limited.
The legal entities of Green Cure currently have 4 directors, including Priyanka Garg, Vanshaj Garg, Cyrus Jal Patel and others.