About HealthQik
HealthQik was a Healthcare company based in Bhopal (India) founded in 2016 by Manish Pandey, Abhinav Sehgal, and Ishita Rastogi. It connects users with doctors and offers tools for healthcare services management. It operates on a B2C model. HealthQik has raised $250 thousand across 1 funding round from investors including Virendra Prakash Sharma and Gagan Lamba. HealthQik was last valued at $1.57 million in July 2019. Its chief executive is Abhinav Sehgal. Its Indian entity Stackarma Solutions Private Limited reported revenue of ₹1.8 Lakh. The company is recorded as dissolved. Its focus areas include Telemedicine, Online Health Platforms and Doctor-Patient Connection. Its competitors include Modernizing Medicine, Practice Fusion, Flatiron Health, Hint Health and Medsphere Systems and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
HealthQik, founded in 2016 in Bhopal, India, focuses on providing healthcare solutions, telemedicine, online health platforms, and doctor-patient connection. Connects users with doctors and offers tools for healthcare services management. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Bhopal, India
- Founders Manish Pandey, Abhinav Sehgal, Ishita Rastogi
- Stage Minicorn
- SectorsHealthcare
- Website healthqik.com
- Social X Facebook
- Legal Name Stackarma Solutions Private Limited
- Date of Incorporation 14 May, 2016
- Jurisdiction Bhopal, Madhya Pradesh, India
- Annual Revenue₹1.8 Lakh
FY 2020 · -61% YoY
- Net Loss-₹33.6 Lakh
FY 2020 · -1855% margin
- EBITDA-₹33.5 Lakh
FY 2020 · -1850% margin
- Total Equity Funding$250K (USD)
in 1 rounds
- Latest Funding Round$250K (USD), Angel Round
Jul 2019
Associated legal entities of HealthQik
HealthQik operates through Stackarma Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Stackarma Solutions Private Limited CIN U74999MP2016PTC040758 | Active | 14 May 2016 | Bhopal, Madhya Pradesh | ₹0.0 Cr | – | 2 | View details |
Funding Insights of HealthQik
HealthQik has successfully raised a total of $250K through 1 strategic funding round. The most recent funding activity was a Angel Round of $250 thousand completed in July 2019. 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 $250,000
- Total Rounds 1
- Last Round Angel Round — $250,000
- First Round $250,000
(Jul 2019)
- Investors Count 2
All 1 funding rounds of HealthQik 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 |
|---|---|---|---|---|---|
| Jul 2019 | $250,000 | Angel Round | $1.57M | Virendra Prakash Sharma, Gagan Lamba | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2019 | $1.57M | •••••••• |
Last known valuation $1.57M (Jul 2019). 2 investors in total: 0 institutional and 2 angel.
Investors in HealthQik
HealthQik has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Virendra Prakash Sharma and Gagan Lamba.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VP Virendra Prakash Sharma | - | – | unknown_13b58ab637fb44f3b | - |
GL Gagan Lamba | - | – | unknown_3f5b554a5e214789a | - |
Investor details for HealthQik
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Stackarma Solutions Private Limited (HealthQik)
Stackarma Solutions Private Limited is the primary company behind HealthQik. The board of Stackarma Solutions Private Limited currently have 2 directors; the longest-serving is Abhinav Sehgal, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhinav Sehgal DIN 07480997 | Director | 14 May 2016 | 10 yrs 5 mo | Stackarma Solutions Private Limited |
| Ishita Rastogi DIN 08444945 | Director | 11 May 2019 | 7 yrs 5 mo | Stackarma Solutions Private Limited |
People of HealthQik
3 people are tracked at HealthQik (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co Founder and CTO | Leadership | |
| Co-Founder, CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for HealthQik
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of HealthQik
Figures of Stackarma Solutions Private Limited, the primary company behind HealthQik, for FY 2020. Revenue was ₹1.8 Lakh (-61% year on year). Net loss was -₹33.6 Lakh (-1855% margin). EBITDA was -₹33.5 Lakh (-1850% margin). Revenue has grown at a compounded annual rate of +26% over three years.
- ₹1.8 LakhRevenue · FY 2020 · -61% YoY
- -₹33.6 LakhNet loss · -1855% margin
- -₹33.5 LakhEBITDA · -1850% margin
- ₹5.3 LakhPaid-up capital
- +26%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Stackarma Solutions Private Limited are on its company page.
Detailed financial statements for HealthQik
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of HealthQik
3 dated milestones of HealthQik across 3 years, from founding to its latest funding, stage changes and deals.
- Founded HealthQik is founded.
- Funding First funding round of $250K.
- Milestone Reaches Minicorn status.
Competitors of HealthQik
HealthQik has 10 listed competitors in our database, 9 of them funded. They include Modernizing Medicine, Practice Fusion, Flatiron Health, Hint Health and Medsphere Systems, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| modmed.com | 2010 | Boca Raton, United States | $329.17M | 1,563 | AI-driven EMR and practice management software is delivered for clinics. | |
| practicefusion.com | 2005 | San Francisco, United States | $254.9M | 212 | Cloud-based EHR system is provided for physicians' practices. | |
| flatiron.com | 2012 | New York, United States | $314.4M | 1,067 | Cloud-based oncology management tools are provided for cancer care providers. | |
| hint.com | 2013 | San Francisco, United States | $60.09M | 52 | SaaS-based practice management solution is provided for healthcare professionals. | |
| medsphere.com | 2002 | Carlsbad, United States | $151.29M | 352 | Open-source healthcare software is provided by Medsphere Systems. | |
| carestack.com | 2015 | Celebration, United States | $79.05M | 1,095 | Cloud-based software for dental practice management is developed. | |
| nextech.com | 1997 | Tampa, United States | – | 402 | All-in-one practice management system for Dermatology, Ophthalmology and Plastic Surgery practices | |
| semble.io | 2016 | London, United Kingdom | $23.3M | 63 | A practice management and EHR platform for private healthcare is provided. | |
| gethealthie.com | 2014 | New York, United States | $40.28M | – | A practice management platform is provided for nutrition professionals. | |
| practicebetter.io | 2014 | Toronto, Canada | $27M | – | Cloud-based nutrition practice management software is offered for wellness professionals. |
Detailed competitors of HealthQik
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Digital Health & Telemedicine
10 companies that operate in the same segment as HealthQik (Digital Health & Telemedicine), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of an online pharmacy with doctor listing and teleconsultation services | 2015 | Delhi, Delhi, India | USD 230.8 M | USD 328.97 M | 5,212 | |
Online platform offering multiple healthcare services | 2013 | Bengaluru, Karnataka, India | USD 199.22 M | USD 62.4 M | 52 | |
An application is provided for comparing prescription drug prices nationwide. | 2011 | Santa Monica, California, United States | USD 22.21 M | USD 796.85 M | 1,063 | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
An online marketplace for healthcare products is operated. | 2011 | Kolkata, West Bengal, India | USD 38.26 M | – | – | |
Alto Pharmacy is focused on providing convenient prescription delivery services. | 2015 | San Francisco, California, United States | USD 591.64 M | – | 802 | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – | |
Telehealth solutions are provided for doctors and patients' consultations. | 2006 | Boston, Massachusetts, United States | USD 887.35 M | USD 115.54 M | 742 | |
Digital health services for men's wellness are offered by Ro. | 2017 | New York, New York, United States | USD 1.03 B | – | 1,485 | |
Provider of genetic test solutions to study ancestry, genealogy, and inherited traits | 2006 | Sunnyvale, California, United States | USD 943.53 M | USD 189.9 M | 562 |
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Related news about Healthqik
Complete news archive for HealthQik
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Frequently Asked Questions about HealthQik
HealthQik was founded in 2016 and raised its 1st funding round 3 years after it was founded.
HealthQik is headquartered in Bhopal, India. It is registered at Bhopal, Madhya Pradesh, India.
Abhinav Sehgal is the current CEO of HealthQik. They have also founded this company.
HealthQik is a funded company, having raised a total of $250K across 1 funding round to date. The company's 1st funding round was a Angel Round of $250K, raised on Jul 2019.
The primary company behind HealthQik, Stackarma Solutions Private Limited, reported revenue of ₹1.8 Lakh for FY 2020, down 61% year on year.
HealthQik, founded in 2016 in Bhopal, India, focuses on providing healthcare solutions, telemedicine, online health platforms, and doctor-patient connection. Connects users with doctors and offers tools for healthcare services management. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
HealthQik's top competitors include Modernizing Medicine, Flatiron Health and Practice Fusion.
HealthQik has 2 investors. Key investors include Virendra Prakash Sharma, and Gagan Lamba.
The valuation of HealthQik is $1.57M as of Jul 2019.
HealthQik operates through Stackarma Solutions Private Limited.
The legal entities of HealthQik currently have 2 directors, including Ishita Rastogi, Abhinav Sehgal.