About Lokam
Lokam is a Healthcare company based in Bengaluru (India) founded in 2023 by Utkarsh Asthana and Srishti Didwania. Standalone pharmaceutical drugs store. Lokam has raised $231 thousand across 1 funding round from investors including Shastra VC. Its Indian entity Billion Health Technologies Private Limited reported revenue of ₹27.7 Lakh. Its focus areas include Pharmacies and Pharmaceutical Drugs.
Company details
Lokam was founded in 2023 in Bengaluru, India, as a standalone pharmaceutical drugs store. Access to genuine and generic medicines is provided at lower prices through its operations. Efficient delivery services are offered to support consumer needs. The focus is placed on reducing healthcare costs while ensuring convenience and transparency in the pharmaceutical retail sector.
- Headquarters Bengaluru, India
- Founders Utkarsh Asthana, Srishti Didwania
- SectorsHealthcare
- Phone•••• ••••
- Website lokamhealth.com
- Social LinkedIn Facebook Instagram
- Legal Name Billion Health Technologies Private Limited
- Date of Incorporation 24 Jul, 2023
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹27.7 Lakh
FY 2024
- Net Loss-₹6 Lakh
FY 2024 · -22% margin
- EBITDA-₹5.7 Lakh
FY 2024 · -20% margin
- Total Equity Funding$231K (USD)
in 1 rounds
- Latest Funding Round$231K (USD), Seed
Jan 2025
- Investors
Associated legal entities of Lokam
Lokam operates through Billion Health Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Billion Health Technologies Private Limited CIN U47912KA2023PTC176376 | Active | 24 Jul 2023 | Bangalore, Karnataka | ₹0.3 Cr | 2 | View details |
Funding Insights of Lokam
Lokam has successfully raised a total of $231K through 1 strategic funding round. The most recent funding activity was a Seed round of $231 thousand completed in January 2025. 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 $231,005
- Total Rounds 1
- Last Round Seed — $231,005
- First Round $231,005
(Jan 2025)
- Investors Count 1
All 1 funding rounds of Lokam 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 |
|---|---|---|---|---|---|
| Jan 2025 | $231,005 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Lokam
Lokam has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Shastra VC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| shastra.vc |
Investor details for Lokam
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 Billion Health Technologies Private Limited (Lokam)
Billion Health Technologies Private Limited is the primary company behind Lokam. The board of Billion Health Technologies Private Limited currently have 2 directors; the longest-serving is Srishti Didwania, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Srishti Didwania DIN 10250803 | Director | 24 Jul 2023 | 3 yrs 3 mo | Billion Health Technologies Private Limited |
| Utkarsh Asthana DIN 10250804 | Director | 24 Jul 2023 | 3 yrs 3 mo | Billion Health Technologies Private Limited |
People of Lokam
2 people are tracked at Lokam (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Lokam
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Lokam
Figures of Billion Health Technologies Private Limited, the primary company behind Lokam, for FY 2024. Revenue was ₹27.7 Lakh. Net loss was -₹6 Lakh (-22% margin). EBITDA was -₹5.7 Lakh (-20% margin).
- ₹27.7 LakhRevenue · FY 2024
- -₹6 LakhNet loss · -22% margin
- -₹5.7 LakhEBITDA · -20% margin
- ₹56,670Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Billion Health Technologies Private Limited are on its company page.
Detailed financial statements for Lokam
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 Lokam
2 dated milestones of Lokam across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Lokam is founded.
- Funding First funding round of $231K.
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Frequently Asked Questions about Lokam
Lokam was founded in 2023 and raised its 1st funding round 2 years after it was founded.
Lokam is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Lokam is a funded company, having raised a total of $231K across 1 funding round to date. The company's 1st funding round was a Seed of $231K, raised on Jan 2025.
The primary company behind Lokam, Billion Health Technologies Private Limited, reported revenue of ₹27.7 Lakh for FY 2024.
Lokam was founded in 2023 in Bengaluru, India, as a standalone pharmaceutical drugs store. Access to genuine and generic medicines is provided at lower prices through its operations. Efficient delivery services are offered to support consumer needs. The focus is placed on reducing healthcare costs while ensuring convenience and transparency in the pharmaceutical retail sector.
Lokam has 1 investor. Key investors include Shastra VC.
Lokam operates through Billion Health Technologies Private Limited.
The legal entities of Lokam currently have 2 directors, including Srishti Didwania, Utkarsh Asthana.