nSmiles

Bengaluru, India Founded: 2013 • Age: 13 yrs Minicorn
Mobile apps for mental and emotional wellness are offered.

About nSmiles

nSmiles is a Healthcare company based in Bengaluru (India) founded in 2013 by Vijay Krishna. Mobile apps for mental and emotional wellness are offered. It operates in the Healthcare and Technology sectors. nSmiles has raised $270.17 thousand across 3 funding rounds from investors including Axilor Ventures, IIIT Bangalore and Babu P. nSmiles was last valued at $3.83 million in April 2019. Its focus areas include HealthTech, Fitness & Wellness Tech, Mind & Body Wellness and Stress Management. Its legal entity in India is Nsmiles India Private Limited (U72200KA2013PTC070094).

Company details

nSmiles was founded in 2013 in Bengaluru, India, and operates in the mental health sector through a suite of mobile applications. These include the Happy Being App for daily mind training, Pregnancy Body-Mind Care for expectant mothers, and nSmiles Club for self-assessment and expert support. Services are provided confidentially using evidence-based methods. The company was recognized as runner-up in the Global Startup Battle 2014.

  • Headquarters Bengaluru, India
  • Founders Vijay Krishna
  • Stage Minicorn
  • Sectors
    Healthcare
    Technology
  • Email
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  • Phone
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  • Website nsmiles.com
  • Social LinkedIn X Facebook
  • Legal Name Nsmiles India Private Limited
  • Date of Incorporation 10 Jul, 2013
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹99,306

    FY 2022 · -80% YoY

  • Net Loss
    -₹31.7 Lakh

    FY 2022 · -3189% margin

  • EBITDA
    -₹31 Lakh

    FY 2022 · -3117% margin

  • Total Equity Funding
    $270.17K (USD)

    in 3 rounds

  • Latest Funding Round
    $72.03K (USD), Angel Round

    Apr 2019

  • Investors

Funding Insights of nSmiles

nSmiles has successfully raised a total of $270.17K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $72.03 thousand completed in April 2019. 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 $270,172
  • Total Rounds 3
  • Last Round Angel Round β€” $72,028
  • First Round $125,000

    (Dec 2016)

  • Investors Count 10

All 3 funding rounds of nSmiles with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2019$72,028Angel Round$3.83MBabu P, Manjula Sridhar
Aug 2017$73,144Seed$3.11MIIIT Bangalore
Dec 2016$125,000Seed–Axilor Ventures
–
Valuation history
DateValuationStage
Apr 2019$3.83Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2017$3.11Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $3.83M (Apr 2019). 10 investors in total: 2 institutional and 8 angel.

Investors in nSmiles

nSmiles has secured backing from 10 investors, including angel and venture fund investors. Prominent investors backing the company include Axilor Ventures, IIIT Bangalore and Babu P.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
University offers postgraduate education and research in information technology
1998iiitb.ac.inBengaluru, India
Venture capital firm investing in early-stage startups in technology sectors.
2014axilor.comBengaluru, India

Babu P

Angel investor and tech entrepreneur, co-founder of M2P Fintech, ex-TCS leader
unknown_97f2eef2dfd54debb

Manjula Sridhar

Angel investor, ex-entrepreneur, focused on tech startups in India.
unknown_17b5bf1b4164479cb

Jalpaben Vipulkumar

unknown_3d8bf69f8f01478a9

Sudha Sundara Varadan

unknown_0fc798b1c19d47be9

Manumol Mathew

unknown_e38677a450174333b

David Elangovan

unknown_49d3e695ecac43858

Vidya Sridharan

unknown_ccc89cb9d9104fd58

Lakshmi Vijay Ratnaparkhe

unknown_5994f5cfc9824d26a
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Investor details for nSmiles

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  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of Nsmiles India Private Limited (nSmiles)

Nsmiles India Private Limited is the primary company behind nSmiles. The board of Nsmiles India Private Limited currently have 2 directors; the longest-serving is Nageswari Bellalcheru Hanuman, appointed in 2013. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Nageswari Bellalcheru Hanuman
DIN 06586461
Managing Director10 Jul 201313 yrs 3 moNsmiles India Private Limited
Bellalcheru Sadashiva Vijaya Krishna
DIN 07496233
Additional Director19 Apr 201610 yrs 6 moNsmiles India Private Limited

People of nSmiles

1 people are tracked at nSmiles (1 in leadership).

NameRoleGroup
Vijay Krishna
Co-FounderLeadership
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Complete people profiles for nSmiles

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  • Team structure
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Verified entity values are shown only after access is granted.

Financials of nSmiles

Figures of Nsmiles India Private Limited, the primary company behind nSmiles, for FY 2022. Revenue was ₹99,306 (-80% year on year). Net loss was -₹31.7 Lakh (-3189% margin). EBITDA was -₹31 Lakh (-3117% margin). Revenue has grown at a compounded annual rate of -22% over three years and +22% over five years.

  • ₹99,306Revenue · FY 2022 · -80% YoY
  • -₹31.7 LakhNet loss · -3189% margin
  • -₹31 LakhEBITDA · -3117% margin
  • ₹1.1 LakhPaid-up capital
  • 1Employees (provident fund records)
  • -22%Revenue CAGR, 3 years
  • +22%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Nsmiles India Private Limited are on its company page.

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Detailed financial statements for nSmiles

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 nSmiles

4 dated milestones of nSmiles across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded nSmiles is founded.
  2. Funding First funding round of $125K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $72K.

Top companies in Fitness & Wellness Platforms

2 companies that operate in the same segment as nSmiles (Fitness & Wellness Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts
2016Bengaluru, Karnataka, IndiaUSD 716.99 M1,832
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
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Frequently Asked Questions about nSmiles

nSmiles was founded in 2013 and raised its 1st funding round 3 years after it was founded.

nSmiles is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

nSmiles is a funded company, having raised a total of $270.17K across 3 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Dec 2016.

The primary company behind nSmiles, Nsmiles India Private Limited, reported revenue of β‚Ή99,306 for FY 2022, down 80% year on year.

nSmiles was founded in 2013 in Bengaluru, India, and operates in the mental health sector through a suite of mobile applications. These include the Happy Being App for daily mind training, Pregnancy Body-Mind Care for expectant mothers, and nSmiles Club for self-assessment and expert support. Services are provided confidentially using evidence-based methods. The company was recognized as runner-up in the Global Startup Battle 2014.

nSmiles has 10 investors. Key investors include Axilor Ventures, IIIT Bangalore, Babu P, Manjula Sridhar, and Jalpaben Vipulkumar.

The valuation of nSmiles is $3.83M as of Apr 2019.

nSmiles operates through Nsmiles India Private Limited.

The legal entities of nSmiles currently have 2 directors, including Nageswari Bellalcheru Hanuman, Bellalcheru Sadashiva Vijaya Krishna.

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