ObiNo

Mumbai, India Founded: 2012 • Age: 14 yrs Minicorn
Mobile app guide for weight-loss advice

About ObiNo

ObiNo is a Healthcare company based in Mumbai (India) founded in 2012 by Sanilkumar Madhavikutty Bhaskaran Nair and Yogesh Sachdeva. Mobile app guide for weight-loss advice. ObiNo has raised $680.28 thousand across 4 funding rounds from investors including NovoJuris, HealthStart and Gurpreet Singh. The company has 14 employees. ObiNo has completed 1 acquisition, including Fitard. ObiNo was last valued at $1.21 million in January 2016. Its focus areas include HealthTech, Online Health Information, Internet First Media and Drugs. Its legal entity in India is Manna Healthcare Private Limited (U85100PB2012PTC055468).

Company details

Obino, brand name and product of Manna Healthcare, is a smartphone application that aids users with do-it-yourself weight loss. The apps features comprise meal suggestions, personalized diet plans, built-in health reminders, meal tracking along with calorie counting as well as food intake logging in the meal history section and medicine reminders. Offers a freemium app with paid packages at price-points ranging from Rs 299 to 1,500 per month. Obino is currently available via its android app and has over 50,000 downloads. Raised seed round from healthcare incubator, HealthStart in Oct 2014 and from RoundGlass Partners in Dec 2015.

  • Headquarters Mumbai, India
  • Employees 14
  • Founders Sanilkumar Madhavikutty Bhaskaran Nair, Yogesh Sachdeva
  • Stage Minicorn
  • Sectors
    Healthcare
  • Website obino.in
  • Legal Name Manna Healthcare Private Limited
  • Date of Incorporation 27 Jan, 2012
  • Jurisdiction Mohali, Punjab, India
Key Metrics
  • Annual Revenue
    ₹1,000

    FY 2022 · -100% YoY

  • Net Loss
    -₹33 Lakh

    FY 2022 · -330200% margin

  • EBITDA
    -₹92.9 Lakh

    FY 2022 · -929100% margin

  • Total Equity Funding
    $680.28K (USD)

    in 4 rounds

  • Latest Funding Round
    $214.21K (USD), Angel Round

    Jan 2016

  • Investors
    NovoJuris

    & 10 more

  • Employee Count
    14
  • Investments & Acquisitions

Funding Insights of ObiNo

ObiNo has successfully raised a total of $680.28K across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $214.21 thousand completed in January 2016. 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 $680,275
  • Total Rounds 4
  • Last Round Angel Round β€” $214,208
  • Investors Count 11

All 4 funding rounds of ObiNo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2016$214,208Angel Round$1.21MGurpreet Singh
–
Dec 2015$433,915Seed–RoundGlass
–
Jan 2015$32,152Seed$289,800A S Krishna, Chandan Chatterjee
Oct 2014Seed–HealthStart
–
Valuation history
DateValuationStage
Jan 2016$1.21Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.21M (Jan 2016). 11 investors in total: 3 institutional and 8 angel.

Investors in ObiNo

ObiNo has secured backing from 11 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include NovoJuris, HealthStart and Gurpreet Singh.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Healthcare incubation, acceleration, and mentorship services in India.
2013healthstart.co.inNoida, India
Wellbeing platforms, sports management, and philanthropy initiatives are offered by Roundglass.
2014round.glass
Legal services in venture capital, intellectual property, and mergers for technology and startups.
2008novojuris.comBengaluru, India

Gurpreet Singh

Co-founder of OneCard, fintech innovator, active angel investor in Indian startups
unknown_bc838d0b84a641949

A S Krishna

unknown_22babe564f3e46c68

Chandan Chatterjee

unknown_727ae0e4da024b3a8

Medha Dua

unknown_11fd10006bcb42c2a

Raj Airey

unknown_9b9d9958d9c7410a9

Pradeep K Jaisingh

Founder of International Oncology, angel investor in healthtech and biotech startups
unknown_7aa44eebedd2414da

Sunil Baijal

Angel investor and mentor, ex-IBM, focused on Indian startups
unknown_fcd4b70b6ca349d1a
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Investor details for ObiNo

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  • Round participation
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Board of directors of Manna Healthcare Private Limited (ObiNo)

Manna Healthcare Private Limited is the primary company behind ObiNo. The board of Manna Healthcare Private Limited currently have 2 directors; the longest-serving is Shiraj Chakraborty, appointed in 2020. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Shiraj Chakraborty
DIN 08702455
Director19 Feb 20206 yrs 8 moManna Healthcare Private Limited
Sudipta Sankhanil Chakraborty
DIN 07166912
Additional Director18 Nov 20223 yrs 11 moManna Healthcare Private Limited

People of ObiNo

2 people are tracked at ObiNo (2 in leadership); the tracked headcount is 14.

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
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Financials of ObiNo

Figures of Manna Healthcare Private Limited, the primary company behind ObiNo, for FY 2022. Revenue was ₹1,000 (-100% year on year). Net loss was -₹33 Lakh (-330200% margin). EBITDA was -₹92.9 Lakh (-929100% margin). Revenue has grown at a compounded annual rate of -93% over three years and -81% over five years.

  • ₹1,000Revenue · FY 2022 · -100% YoY
  • -₹33 LakhNet loss · -330200% margin
  • -₹92.9 LakhEBITDA · -929100% margin
  • ₹38.9 LakhPaid-up capital
  • 14Employees (provident fund records)
  • -93%Revenue CAGR, 3 years
  • -81%Revenue CAGR, 5 years

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

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Detailed financial statements for ObiNo

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.

Investments & Acquisitions by ObiNo

ObiNo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Fitard.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Mobile app for tracking fitness activity
fitard.comMumbai, India2015Feb 2017β€’β€’β€’β€’
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Complete acquisition details for ObiNo

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  • Deal sources
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Timeline of ObiNo

5 dated milestones of ObiNo across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded ObiNo is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Angel Round, of $214K.
  4. Milestone Reaches Minicorn status.
  5. Acquisition Acquires Fitard.

Web traffic of ObiNo

Websites that share an audience with ObiNo (obino.in).

Similar websites

Websites whose visitors overlap most with ObiNo. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
organicfacts.net
100%
#490,052View details
obesityhelp.com
60%
#1,548,052View details

Top companies in Digital Health & Telemedicine

3 companies that operate in the same segment as ObiNo (Digital Health & Telemedicine) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of an online pharmacy with doctor listing and teleconsultation services
2015Delhi, Delhi, IndiaUSD 199.65 MUSD 328.97 M5,212
Online platform offering multiple healthcare services
2013Bengaluru, Karnataka, IndiaUSD 199.22 MUSD 62.4 M52
An online marketplace for healthcare products is operated.
2011Kolkata, West Bengal, IndiaUSD 38.26 M
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Related news about Obino

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Complete news archive for ObiNo

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  • Brand-specific news history

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Frequently Asked Questions about ObiNo

ObiNo was founded in 2012 and raised its 1st funding round 2 years after it was founded.

ObiNo is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

ObiNo is a funded company, having raised a total of $680.28K across 4 funding rounds to date.

ObiNo has 14 employees.

The primary company behind ObiNo, Manna Healthcare Private Limited, reported revenue of β‚Ή1,000 for FY 2022, down 100% year on year.

Obino, brand name and product of Manna Healthcare, is a smartphone application that aids users with do-it-yourself weight loss. The apps features comprise meal suggestions, personalized diet plans, built-in health reminders, meal tracking along with calorie counting as well as food intake logging in the meal history section and medicine reminders. Offers a freemium app with paid packages at price-points ranging from Rs 299 to 1,500 per month. Obino is currently available via its android app and has over 50,000 downloads. Raised seed round from healthcare incubator, HealthStart in Oct 2014 and from RoundGlass Partners in Dec 2015.

ObiNo has made 1 acquisition, including Fitard.

ObiNo has 11 investors. Key investors include NovoJuris, HealthStart, Gurpreet Singh, Roundglass, and A S Krishna.

The valuation of ObiNo is $1.21M as of Jan 2016.

ObiNo operates through Manna Healthcare Private Limited.

The legal entities of ObiNo currently have 2 directors, including Shiraj Chakraborty, Sudipta Sankhanil Chakraborty.

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