About Modicare
Modicare is a company based in Chandigarh (India) founded in 1996 by Samir Krishan Modi.. The company has 244 employees as of March 31, 2023. Modicare operates in a competitive market with competitors including Mamaearth, MyGlamm, L'Occitane, Minimalist and The Ayurveda Experience, among others.
- Headquarter Chandigarh, India
- Employees 244 as on 31 Mar, 2023
- Founders Samir Krishan Modi
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Phone
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Website
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Social
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- Legal Name Modicare Limited
- Date of Incorporation 12 Jul, 1973
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$137.65 M (USD)-25.83as on Mar 31, 2023
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Net Profit
$2.34 M (USD)-74.97as on Mar 31, 2023
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EBITDA
$5.08 M (USD)-61.42as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
244
as on Mar 31, 2023
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Funding Insights of Modicare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Modicare
| 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 - Modicare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Modicare Comparisons
Competitors of Modicare
Modicare 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 Mamaearth, MyGlamm, L'Occitane, Minimalist and The Ayurveda Experience, 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 |
Online brand offering multi-category natural skin care and makeup products
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| domain | founded_year | HQ Location |
Online platform selling beauty products, makeup, skincare, and cosmetics in India.
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| domain | founded_year | HQ Location |
Beauty and personal care products are sold by L'Occitane globally.
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| domain | founded_year | HQ Location |
Manufacturer of skincare, haircare, and baby care products addressing various skin and hair concerns
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| domain | founded_year | HQ Location |
Provides online sales of Ayurvedic face, body, hair care, and educational resources.
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| domain | founded_year | HQ Location |
Organic beauty products are offered by an internet-first brand.
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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 Modicare
Frequently Asked Questions about Modicare
When was Modicare founded?
Modicare was founded in 1996.
Where is Modicare located?
Modicare is headquartered in Chandigarh, India.
How many employees does Modicare have?
As of Mar 31, 2023, the latest employee count at Modicare is 244.
What is the annual revenue of Modicare?
Annual revenue of Modicare is $137.65M as on Mar 31, 2023.
What does Modicare do?
Modicare, established in 1996, focuses on it serves as a diversified conglomerates operates across multiple industries. It serves as a diversified conglomerates operates across multiple industries. Adapting to market demands with innovation. It continues to evolve, meeting industry challenges with strategic approaches and commitment to quality.
Who are the top competitors of Modicare?
Modicare's top competitors include MyGlamm, Mamaearth and L'Occitane.