About Mars Plus
Mars Plus is a company based in Pune (India) founded in 2014 by Nilesh Vyas.. Mars Plus has raised $286.03 thousand across 1 funding round from investors including Brand Capital and Seed Enterprises. The company has 23 employees as of April 07, 2024. Mars Plus has completed 1 acquisition, including Save Time. Mars Plus operates in a competitive market with competitors including Modernizing Medicine, Practice Fusion, Flatiron Health, Hint Health and Medsphere Systems, among others.
- Headquarter Pune, India
- Employees 23 as on 07 Apr, 2024
- Founders Nilesh Vyas
- Stage Minicorn
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Sectors
HealthcareTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Ascent Technosystems Private Limited
- Date of Incorporation 22 Jul, 2005
- Jurisdiction Indore, Madhya Pradesh, India
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Annual Revenue
$354.51 K (USD)70.88as on Mar 31, 2022
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Net Profit
$1.43 K (USD)-78.28as on Mar 31, 2022
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EBITDA
$8.69 K (USD)-79.56as on Mar 31, 2022
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Total Equity Funding
$286.03 K (USD)
in 1 rounds
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Latest Funding Round
$286.03 K (USD), Seed
Nov 10, 2015
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Investors
Brand Capital
& 1 more
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Employee Count
23
as on Apr 07, 2024
- Investments & Acquisitions
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Funding Insights of Mars Plus
Mars Plus has successfully raised a total of $286.03K through 1 strategic funding round. The most recent funding activity was a Seed round of $286.03 thousand completed in November 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $286,026
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First Round
First Round
(10 Nov 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2015 | Amount | Seed - Mars Plus | Valuation | Brand Capital |
| 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 Mars Plus
Mars Plus has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Brand Capital and Seed Enterprises. 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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Investments in early-stage startups are made by Brand Capital.
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Founded Year | Domain | Location | |
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Limited information available
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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 Mars Plus
Mars Plus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Save Time. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Doctors and hospitals are listed on an online search platform.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Mars Plus
| 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 |
Mars Plus Comparisons
Competitors of Mars Plus
Mars Plus 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 Modernizing Medicine, Practice Fusion, Flatiron Health, Hint Health and Medsphere Systems, 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 |
AI-driven EMR and practice management software is delivered for clinics.
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| domain | founded_year | HQ Location |
Cloud-based EHR system is provided for physicians' practices.
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| domain | founded_year | HQ Location |
Cloud-based oncology management tools are provided for cancer care providers.
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| domain | founded_year | HQ Location |
SaaS-based practice management solution is provided for healthcare professionals.
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| domain | founded_year | HQ Location |
Open-source healthcare software is provided by Medsphere Systems.
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| domain | founded_year | HQ Location |
Cloud-based software for dental practice management is developed.
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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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Frequently Asked Questions about Mars Plus
When was Mars Plus founded?
Mars Plus was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Mars Plus located?
Mars Plus is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Is Mars Plus a funded company?
Mars Plus is a funded company, having raised a total of $286.03K across 1 funding round to date. The company's 1st funding round was a Seed of $286.03K, raised on Nov 10, 2015.
How many employees does Mars Plus have?
As of Apr 07, 2024, the latest employee count at Mars Plus is 23.
What is the annual revenue of Mars Plus?
Annual revenue of Mars Plus is $354.51K as on Mar 31, 2022.
What does Mars Plus do?
Mars Plus is a cloud-based business and practice management platform for healthcare professionals. The platform connects patients, doctors, clinics, hospitals, laboratories, and medical stores. Modules include patient management, billing management, finance management, referrals, and multiple clinic management. Patients can use the app to manage health records, search for doctors, hospitals, or lab, and manage prescriptions. Mars Labs offers lab management solutions and has modules for patients, referrals, services, investigations, and billing. Mars HMS is a Hospital Management System and supports OPD, IPD, department management, billing, and finance management, medical management, and EMR EHR management. Mars Med is a medical store management tool and has modules for store management, prescription management, and finance management.
Who are the top competitors of Mars Plus?
Mars Plus's top competitors include Modernizing Medicine, Flatiron Health and Practice Fusion.
How many acquisitions has Mars Plus made?
Mars Plus has made 1 acquisition, including Save Time.
Who are Mars Plus's investors?
Mars Plus has 2 investors. Key investors include Brand Capital, and Seed Enterprises.
What is Mars Plus's valuation?
The valuation of Mars Plus is $4.01M as of Nov 2015.
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