About Health Basix
Health Basix is a company based in Coimbatore (India) founded in 2021 by Vishnu Prasath Devarajan, Ramesh Krishnan, and Swathy Rohit.. Health Basix has raised $1.34 million across 2 funding rounds from investors including Supermorpheus, SapphireInk and Callapina. The company has 63 employees as of March 21, 2024. Health Basix offers products and services including Health Basix App, ABA Therapy, and Speech and Language Therapy. Health Basix operates in a competitive market with competitors including Babynama, Baby Gogo, Parentlane, KinderPass and Everheal, among others.
- Headquarter Coimbatore, India
- Employees 63 as on 21 Mar, 2024
- Founders Vishnu Prasath Devarajan, Ramesh Krishnan, Swathy Rohit
- 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
*********
- Legal Name Toro Health Private Limited
- Date of Incorporation 05 Mar, 2021
- Jurisdiction Coimbatore, Tamil Nadu, India
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Annual Revenue
$405.11 K (USD)537.71as on Mar 31, 2023
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Net Profit
$-514.55 K (USD)-207.47as on Mar 31, 2023
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EBITDA
$-463.46 K (USD)-183.04as on Mar 31, 2023
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Total Equity Funding
$1.34 M (USD)
in 2 rounds
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Latest Funding Round
$827.69 K (USD), Seed
Apr 12, 2023
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Investors
Supermorpheus
& 11 more
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Employee Count
63
as on Mar 21, 2024
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Products & Services of Health Basix
Health Basix offers a comprehensive portfolio of products and services, including Health Basix App, ABA Therapy, and Speech and Language Therapy. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for managing child health and accessing therapy services
Behavioral therapy supporting child development and intervention needs
Service for improving communication skills in children
Funding Insights of Health Basix
Health Basix has successfully raised a total of $1.34M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $827.69 thousand completed in April 2023. 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 2
- Last Round Seed — $827,687
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First Round
First Round
(05 Jun 2021)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Seed - Health Basix | Valuation | Callapina , G S K Velu | |
| Jun, 2021 | Amount | Angel Round - Health Basix | Valuation | Raj Mishra , Rohit Rajendran |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Health Basix
Health Basix has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Supermorpheus, SapphireInk and Callapina. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Startup investments, portfolio management, and digital growth services.
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Founded Year | Domain | Location | |
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Venture capital fund is focused on early-stage companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Health Basix
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Health Basix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Health Basix Comparisons
Competitors of Health Basix
Health Basix 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 Babynama, Baby Gogo, Parentlane, KinderPass and Everheal, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of pediatric care and parenting support through online consultations and programs
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| domain | founded_year | HQ Location |
Mobile based app for parents to connect with doctors for child care
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| domain | founded_year | HQ Location |
AI powered personalised digital health platform for maternity and child health
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| domain | founded_year | HQ Location |
Child health and development services are provided through online platforms.
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| domain | founded_year | HQ Location |
Personalized maternity care is provided through app and physical centers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Health Basix
Frequently Asked Questions about Health Basix
When was Health Basix founded?
Health Basix was founded in 2021.
Where is Health Basix located?
Health Basix is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Who is the current CEO of Health Basix?
Swathy Rohit is the current CEO of Health Basix. They have also founded this company.
Is Health Basix a funded company?
Health Basix is a funded company, having raised a total of $1.34M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $511.24K, raised on Jun 05, 2021.
How many employees does Health Basix have?
As of Mar 21, 2024, the latest employee count at Health Basix is 63.
What is the annual revenue of Health Basix?
Annual revenue of Health Basix is $405.11K as on Mar 31, 2023.
What does Health Basix do?
Health Basix was founded in 2021 in Coimbatore, India, within the health technology sector. A mobile application is offered for electronic management of childrens health records by parents. Online consultations with paediatricians are scheduled, health-related queries are addressed, and medical guidance is provided. Hospital and lab appointments are booked, while vaccinations and overall health status are tracked via the platform.
Who are the top competitors of Health Basix?
Health Basix's top competitors include Babynama, Baby Gogo and KinderPass.
What products or services does Health Basix offer?
Health Basix offers Health Basix App, ABA Therapy, and Speech and Language Therapy.
Who are Health Basix's investors?
Health Basix has 12 investors. Key investors include Supermorpheus, SapphireInk, Callapina, G S K Velu, and Rohit Rajendran.
What is Health Basix's valuation?
The valuation of Health Basix is $8.61M as of Apr 2023.