About MyUpchar
MyUpchar is a company based in Delhi (India) founded in 2016 by Rajat Garg.. MyUpchar has raised $5.35 million across 3 funding rounds from investors including Nexus Venture Partners, Currae Healthtech Fund and GrayCell Ventures. The company has 12 employees as of September 23, 2024. MyUpchar offers products and services including Health Consultation Service, Urjas Gold Topical Delay Spray, Shilajit Resin, Delay Spray For Men, and Anti-Hairfall Shampoo. MyUpchar operates in a competitive market with competitors including NHS Choices, Medscape, WebMD, Healofy and Everyday Health, among others.
- Headquarter Delhi, India
- Employees 12 as on 23 Sep, 2024
- Founders Rajat Garg
- Stage Minicorn
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Sectors
HealthcareMedia & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Doctorvahini Private Limited
- Date of Incorporation 26 May, 2017
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$612.9 K (USD)49.05as on Mar 31, 2023
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Net Profit
$-130.58 K (USD)51.39as on Mar 31, 2023
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EBITDA
$-55.79 K (USD)69.5as on Mar 31, 2023
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Total Equity Funding
$5.35 M (USD)
in 3 rounds
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Latest Funding Round
$5 M (USD), Series A
Aug 28, 2018
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Investors
Nexus Venture Partners
& 31 more
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Employee Count
12
as on Sep 23, 2024
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Products & Services of MyUpchar
MyUpchar offers a comprehensive portfolio of products and services, including Health Consultation Service, Urjas Gold Topical Delay Spray, Shilajit Resin, Delay Spray For Men, and Anti-Hairfall Shampoo. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online platform for consulting doctors on health issues and advice.
Spray for men's health support with strawberry flavor and delay benefits.
Natural resin supplement for energy and vitality enhancement.
Product designed to help with men's health and performance issues.
Shampoo that reduces hair fall and promotes healthier scalp.
Tablets for supporting hair growth and overall health.
Capsules that aid skin health and antioxidant protection.
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Funding Insights of MyUpchar
MyUpchar has successfully raised a total of $5.35M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in August 2018. 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 3
- Last Round Series A — $5.0M
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First Round
First Round
(19 Jun 2017)
- Investors Count 32
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Series A - MyUpchar | Valuation | Nexus Venture Partners , Omidyar Network India | |
| Sep, 2017 | Amount | Seed - MyUpchar | Valuation | Abr Entrepreneur Services , Indiepitch Solutions | |
| Jun, 2017 | Amount | Seed - MyUpchar | Valuation | Shimply |
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| 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 MyUpchar
MyUpchar has secured backing from 32 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Nexus Venture Partners, Currae Healthtech Fund and GrayCell Ventures. 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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Technology company focused on building bonds through software.
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Founded Year | Domain | Location | |
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Venture capital funding and support for healthtech startups.
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Founded Year | Domain | Location | |
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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 MyUpchar
| 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 - MyUpchar
| 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 |
Myupchar Comparisons
Competitors of MyUpchar
MyUpchar 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 NHS Choices, Medscape, WebMD, Healofy and Everyday Health, 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 |
Provider of multiple healthcare services for patients
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| domain | founded_year | HQ Location |
Integrated medical information and educational tools to healthcare professionals
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| domain | founded_year | HQ Location |
Provider of online health-related information and learning platform for patients and providers
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| domain | founded_year | HQ Location |
Holistic maternity care products and information are provided.
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| domain | founded_year | HQ Location |
Health & wellness information platform
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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 Myupchar
Frequently Asked Questions about MyUpchar
When was MyUpchar founded?
MyUpchar was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is MyUpchar located?
MyUpchar is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is MyUpchar a funded company?
MyUpchar is a funded company, having raised a total of $5.35M across 3 funding rounds to date. The company's 1st funding round was a Seed of $32.54K, raised on Jun 19, 2017.
How many employees does MyUpchar have?
As of Sep 23, 2024, the latest employee count at MyUpchar is 12.
What is the annual revenue of MyUpchar?
Annual revenue of MyUpchar is $612.9K as on Mar 31, 2023.
What does MyUpchar do?
MyUpchar was founded in 2016 in Delhi, India, within the health technology sector. An online portal is operated to deliver health content across disciplines including Allopathy, Ayurveda, and Homeopathy. Partnerships with doctors enable access in 13 languages such as Hindi, English, Marathi, Bengali, Telugu, and Tamil. Proprietary voice search and text-to-speech features are integrated for users facing reading or typing challenges. Patient queries are addressed daily by tied-up specialists.
Who are the top competitors of MyUpchar?
MyUpchar's top competitors include NHS Choices, Everyday Health and Healofy.
What products or services does MyUpchar offer?
MyUpchar offers Health Consultation Service, Urjas Gold Topical Delay Spray, Shilajit Resin, Delay Spray For Men, and 3 more products and services.
Who are MyUpchar's investors?
MyUpchar has 32 investors. Key investors include Nexus Venture Partners, Currae Healthtech Fund, GrayCell Ventures, Shimply, and Telefund.
What is MyUpchar's valuation?
The valuation of MyUpchar is $18.46M as of Aug 2018.
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