HiCare

Mumbai, India Founded: 2003 • Age: 23 yrs Acquired By Rentokil Initial
Pest control services are provided by HiCare for residential and commercial spaces.
Annual revenue $10.1M Latest available
Total funding $3.5M 4 rounds
Employees 1256 Tracked headcount
Investors 6 Known backers
Products 3 Services tracked
Competitors 6 Brand Intelligence

About HiCare

HiCare is a company based in Mumbai (India) founded in 2003 by Vijay Mohan Crishna was acquired by Rentokil Initial in April 2024. It operates as a Professional Services and Direct-to-Consumer (D2C). HiCare has raised $3.46 million across 4 funding rounds from investors including ISS FS Integrated Solutions, Rentokil Initial and GoodLife. The company has 1,256 employees as of April 06, 2024. HiCare offers products and services including Pest Control Services, AutoMos Mosquito Repellent, and Bird Netting. HiCare operates in a competitive market with competitors including Broomberg, Hammer and Mop, Caretakrs, Quuno and Dust Busterz, among others.

  • Headquarter Mumbai, India
  • Employees 1256 as on 06 Apr, 2024
  • Founders Vijay Mohan Crishna
  • Stage Minicorn
  • Sectors
    Business Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Hicare Services Pvt. Ltd.
  • Date of Incorporation 31 May, 1993
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Business Services → Event, Translation & Local Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $10.07 M (USD)
    20.13
    as on Mar 31, 2023
  • Net Profit
    $85.2 K (USD)
    110.77
    as on Mar 31, 2023
  • EBITDA
    $65.5 K (USD)
    140.02
    as on Mar 31, 2023
  • Total Equity Funding
    $3.46 M (USD)

    in 4 rounds

  • Latest Funding Round
    $623.92 K (USD), Seed

    Mar 26, 2015

  • Investors
  • Employee Count
    1256

    as on Apr 06, 2024

  • Acquired by
    Rentokil Initial

    & 1 more

    (Apr 02, 2024)

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Products & Services of HiCare

HiCare offers a comprehensive portfolio of products and services, including Pest Control Services, AutoMos Mosquito Repellent, and Bird Netting.

Product name locked
Category locked
Primary

Pest control solutions are provided for residential properties.

Product name locked
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Mosquito repellent products are offered for home use.

Product name locked
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Bird netting services are installed for pest prevention.

Funding Insights of HiCare

HiCare has successfully raised a total of $3.46M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $623.92 thousand completed in March 2015. 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.

Investors in HiCare

HiCare has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include ISS FS Integrated Solutions, Rentokil Initial and GoodLife.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Private equity is invested by True North in mid-market companies.
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Integrated facility management services are provided to businesses worldwide.
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Investor details for HiCare

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Investments & Acquisitions by HiCare

Investments
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Investment portfolio details for HiCare

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Financial Statements - HiCare

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Detailed financials for HiCare

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Hicare Comparisons

HiCare Primary company
Description
Pest control services are provided by HiCare for residential...
Location
Mumbai, India
Founded Year
2003
Annual Revenue
$10.07 M (USD)
Net Profit
$85.2 K (USD)
EBITDA
$65.5 K (USD)
Employees
1,256
As of 2024
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Peer comparison for HiCare

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Competitors of HiCare

HiCare 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 Broomberg, Hammer and Mop, Caretakrs, Quuno and Dust Busterz, among others.

Company Name Domain Founded year HQ Location Description
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Online platform to book cleaning services
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Professional cleanup services for homes and offices are offered locally.
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An app-based platform for convenient booking of household services.
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Provides professional housekeeping services to clients.
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Provides cleaning services for homes, offices, sofas, and kitchens professionally.
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Offers an app-based platform to connect users with home services.
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Detailed competitors of HiCare

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Latest news on Hicare

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Complete news archive for HiCare

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Frequently Asked Questions about HiCare

HiCare was founded in 2003 and raised its 1st funding round 6 years after it was founded.

HiCare is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

HiCare is a funded company, having raised a total of $3.46M across 4 funding rounds to date.

As of Apr 06, 2024, the latest employee count at HiCare is 1,256.

Annual revenue of HiCare is $10.07M as on Mar 31, 2023.

HiCare is engaged in offering pest control services for both residential and commercial properties across India. Various pest issues including cockroaches, termites, bedbugs, mosquitoes, rodents, and wood borers are addressed by their solutions. Additionally, products like mosquito repellents and glue traps are sold under their brand. Services are extended to over 30 cities, ensuring a wide coverage in the home services sector. Bird netting and deep cleaning services are also included in their portfolio to maintain hygiene and prevent pest infestations.

HiCare's top competitors include Broomberg, Dust Busterz and Hammer and Mop.

HiCare offers Pest Control Services, AutoMos Mosquito Repellent, and Bird Netting.

HiCare has 6 investors. Key investors include ISS FS Integrated Solutions, Rentokil Initial, GoodLife, India Value Fund IV, and Goodlife.

The valuation of HiCare is $26.51M as of Mar 2015.

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