About MyAva
MyAva is a Healthcare company based in Bengaluru (India) founded in 2019 by Rowel Coelho and Evelyn Jayakumar Immanuel, and was acquired by Bonatra in May 2023. Provider of an application for women health support. MyAva has raised $328.75 thousand across 2 funding rounds from investors including ITI Growth Opportunities, Bonatra and Anikarth Ventures. The company has 1 employees. MyAva was last valued at $660.9 thousand in March 2022. Its chief executive, as recorded, is Evelyn Jayakumar Immanuel. The company was acqui-hired. Its focus areas include HealthTech, Online Health Information, Social Platforms and Patient Networks. Its legal entity in India is Atus Technologies Private Limited (U72900KA2020PTC135473). Its competitors include Proactive For Her, Newmi and Gytree; 3 of its 3 listed competitors have raised funding.
Company details
MyAva was founded in 2019 in Bengaluru, India, as a health technology company. A mobile application is offered to support womens health needs. Live workouts and yoga sessions are delivered, alongside personalized diet plans and progress tracking. Expert consultations are provided, and a social network platform connects women users. Operations focus on digital wellness services in the region.
- Headquarters Bengaluru, India
- Employees 1
- Founders Rowel Coelho, Evelyn Jayakumar Immanuel
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website myava.in
- Social LinkedIn X Facebook
- Acquired by Bonatra (May 2023)
- Legal Name Atus Technologies Private Limited
- Date of Incorporation 02 Jul, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹53,300
FY 2024 · -61% YoY
- Net Profit₹5,200
FY 2024 · 10% margin
- EBITDA₹5,200
FY 2024 · 10% margin
- Total Equity Funding$328.75K (USD)
in 2 rounds
- Latest Funding Round$133.35K (USD), Seed
Mar 2022
- InvestorsITI Growth Opportunities
& 15 more
- Employee Count1
- Acquired byBonatra
(May 2023)
Associated legal entities of MyAva
MyAva operates through Atus 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 |
|---|---|---|---|---|---|---|---|
| Atus Technologies Private Limited CIN U72900KA2020PTC135473 | Active | 02 Jul 2020 | Bangalore, Karnataka | ₹0.0 Cr | 2 | View details |
Funding Insights of MyAva
MyAva has successfully raised a total of $328.75K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $133.35 thousand completed in March 2022. 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 $328,751
- Total Rounds 2
- Last Round Seed — $133,353
- First Round $195,398
(Sep 2020)
- Investors Count 15
All 2 funding rounds of MyAva 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 |
|---|---|---|---|---|---|
| Mar 2022 | $133,353 | Seed | $660,896 | ITI Growth Opportunities, StrongHer Ventures | |
| Sep 2020 | $195,398 | Seed | – | 100X.VC, ITI Growth Opportunities |
Last known valuation $660,896 (Mar 2022). 16 investors in total: 7 institutional and 9 angel.
Investors in MyAva
MyAva has secured backing from 16 investors, including venture fund and angel investors. Prominent investors backing the company include ITI Growth Opportunities, Bonatra and Anikarth Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in startups across aerospace, electric vehicles, and personal wellness sectors. | 2018 | itigo.in | Mumbai, India | |
Angel network focused on multiple sectors | 2021 | encubayangelnetwork.com | ||
Women entrepreneurs are accelerated and funded by venture capital initiatives. | strongher.vc | San Francisco, United States | ||
Venture capital firm investing in early-stage tech startups | 2023 | anikarthventures.com | Kanpur, India | |
Early-stage startups are funded by 100X.VC venture capital firm. | 100x.vc | Mumbai, India | ||
Startups across diverse sectors are incubated by Encubay in Pune. | encubay.com | Pune, India | ||
PN Pushkina Nautiyal | Angel investor focusing on early-stage Indian startups in tech and consumer sectors. | unknown_2389b5d372cd42fea | ||
RM Ratna Mehata Nair | unknown_efa918bf9cd04dd3b | |||
JJ Jitendra Jagadev | Co-founder of Nestaway, active angel investor in Indian startups | unknown_1dc8897e695f43d8b | ||
RY Rajesh Yabaji | Co-founder of BlackBuck, leading logistics tech, active angel investor | unknown_186e7912f2624c3db |
Investor details for MyAva
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 Atus Technologies Private Limited (MyAva)
Atus Technologies Private Limited is the primary company behind MyAva. The board of Atus Technologies Private Limited currently have 2 directors; the longest-serving is Evelyn Jayakumar Immanuel, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Evelyn Jayakumar Immanuel DIN 08779143 | Director | 02 Jul 2020 | 6 yrs 4 mo | Atus Technologies Private Limited |
| Rowel Coelho DIN 08779144 | Director | 02 Jul 2020 | 6 yrs 4 mo | Atus Technologies Private Limited |
People of MyAva
2 people are tracked at MyAva (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for MyAva
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Verified entity values are shown only after access is granted.
Financials of MyAva
Figures of Atus Technologies Private Limited, the primary company behind MyAva, for FY 2024. Revenue was ₹53,300 (-61% year on year). Net profit was ₹5,200 (10% margin). EBITDA was ₹5,200 (10% margin). Revenue has grown at a compounded annual rate of -49% over three years.
- ₹53,300Revenue · FY 2024 · -61% YoY
- ₹5,200Net profit · 10% margin
- ₹5,200EBITDA · 10% margin
- ₹26.4 LakhPaid-up capital
- -49%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Atus Technologies Private Limited are on its company page.
Detailed financial statements for MyAva
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of MyAva
4 dated milestones of MyAva across 4 years, from founding to its latest funding, stage changes and deals.
- Founded MyAva is founded.
- Funding First funding round of $195K.
- Funding Latest funding round, Seed, of $133K.
- Exit Acquired by Bonatra.
Competitors of MyAva
MyAva has 3 listed competitors in our database, 3 of them funded. They include Proactive For Her, Newmi and Gytree.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| proactiveforher.com | 2020 | Bengaluru, India | $7.08M | 39 | Personalized confidential healthcare solutions for women are offered. | |
| newmi.in | 2021 | Gurugram, India | $2.03M | 25 | Products and services for women's health and wellness are provided. | |
| gytree.com | 2014 | Mumbai, India | $641,053 | Plant-based nutritional supplements for women's health are provided. |
Detailed competitors of MyAva
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- Full competitor set
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Top companies in Digital Health & Telemedicine
3 companies that operate in the same segment as MyAva (Digital Health & Telemedicine) in India, 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 199.65 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 online marketplace for healthcare products is operated. | 2011 | Kolkata, West Bengal, India | USD 38.26 M |
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Related news about Myava
Complete news archive for MyAva
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Frequently Asked Questions about MyAva
MyAva was founded in 2019 and raised its 1st funding round 1 year after it was founded.
MyAva is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Evelyn Jayakumar Immanuel is the CEO of MyAva, as recorded in our data. They have also founded this company.
MyAva is a funded company, having raised a total of $328.75K across 2 funding rounds to date. The company's 1st funding round was a Seed of $195.4K, raised on Sep 2020.
MyAva has 1 employees.
The primary company behind MyAva, Atus Technologies Private Limited, reported revenue of ₹53,300 for FY 2024, down 61% year on year.
MyAva was founded in 2019 in Bengaluru, India, as a health technology company. A mobile application is offered to support womens health needs. Live workouts and yoga sessions are delivered, alongside personalized diet plans and progress tracking. Expert consultations are provided, and a social network platform connects women users. Operations focus on digital wellness services in the region.
MyAva's top competitors include Proactive For Her, Newmi and Gytree.
MyAva has 16 investors. Key investors include ITI Growth Opportunities, Bonatra, Anikarth Ventures, Encubay Angel Network, and Pushkina Nautiyal.
The valuation of MyAva is $660.9K as of Mar 2022.
MyAva operates through Atus Technologies Private Limited.
Yes. MyAva was acquired by Bonatra in May 2023.