About Onco
Onco is a company based in Bengaluru (India) founded in 2016 was acquired by Apollo Hospitals in July 2025. It operates as a On-Demand Services, and Aggregator Model. Onco has raised $12.98 million across 5 funding rounds from investors including Apollo Hospitals, Accel and Wellfound. The company has 24 employees as of April 07, 2024. Onco offers products and services including Cancer Treatment Guidance, Diagnostic Test Booking, and Medicine Delivery. Onco operates in a competitive market with competitors including Comprehensive Blood & Cancer Center, Sunrise Oncology Centre, Cancer Rounds, Optimus Oncology and PurpleRibbon, among others.
- Headquarter Bengaluru, India
- Employees 24 as on 07 Apr, 2024
- Stage Minicorn
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Apollo Hospitals Enterprise Ltd
- Date of Incorporation 05 Jul, 2017
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$697.27 K (USD)51.32as on Mar 31, 2023
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Net Profit
$-1.88 M (USD)40.61as on Mar 31, 2023
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EBITDA
$-1.81 M (USD)38.6as on Mar 31, 2023
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Total Equity Funding
$12.98 M (USD)
in 5 rounds
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Latest Funding Round
$1.72 M (USD), Series A
Apr 27, 2022
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Investors
Apollo Hospitals
& 48 more
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Employee Count
24
as on Apr 07, 2024
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Acquired by
Apollo Hospitals
(Jul 08, 2025)
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Products & Services of Onco
Onco offers a comprehensive portfolio of products and services, including Cancer Treatment Guidance, Diagnostic Test Booking, and Medicine Delivery. 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.
Guidance for cancer treatment is provided by experts.
Booking of diagnostic tests is facilitated at centers.
Cancer medicines are delivered across India at discounts.
Funding Insights of Onco
Onco has successfully raised a total of $12.98M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $1.72 million completed in April 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 Total Funding
- Total Rounds 5
- Last Round Series A — $1.7M
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First Round
First Round
(31 Aug 2017)
- Investors Count 48
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series A - Onco | Valuation | Rainmatter | |
| Nov, 2021 | Amount | Series A - Onco | Valuation | Accel | |
| Aug, 2020 | Amount | Series A - Onco | Valuation | Alteria Capital |
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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 Onco
Onco has secured backing from 49 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Apollo Hospitals, Accel and Wellfound. 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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Indian fund focused on fintech, health, and climate initiatives.
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Founded Year | Domain | Location | |
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Investments in tech startups are managed by AMEA Ventures.
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Founded Year | Domain | Location | |
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Single family office of Arun Sarin
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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 Onco
| 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 - Onco
| 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 |
Onco Comparisons
Competitors of Onco
Onco 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 Comprehensive Blood & Cancer Center, Sunrise Oncology Centre, Cancer Rounds, Optimus Oncology and PurpleRibbon, 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 |
Oncology services are delivered via a chain of specialized centers.
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| domain | founded_year | HQ Location |
Operates a chain of oncology clinics offering specialized cancer care services.
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| domain | founded_year | HQ Location |
Offers expert consultations, treatments, and information for cancer patients in India.
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| domain | founded_year | HQ Location |
Radiation oncology services are delivered for comprehensive cancer care.
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| domain | founded_year | HQ Location |
Offers home chemotherapy, consultations, and palliative care for cancer patients.
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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 Onco
Frequently Asked Questions about Onco
When was Onco founded?
Onco was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Onco located?
Onco is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Onco a funded company?
Onco is a funded company, having raised a total of $12.98M across 5 funding rounds to date. The company's 1st funding round was a Series A of $1.32M, raised on Aug 31, 2017.
How many employees does Onco have?
As of Apr 07, 2024, the latest employee count at Onco is 24.
What is the annual revenue of Onco?
Annual revenue of Onco is $697.27K as on Mar 31, 2023.
What does Onco do?
Onco is established as a comprehensive care partner in the cancer treatment journey. Services are provided across India, including consultation with expert oncologists, diagnostic test bookings, and medicine delivery. Support is offered through treatment planning, monitoring, and supportive care. Partnerships are maintained with over 23 treatment centers nationwide. Advanced oncology care and cutting-edge treatments are facilitated for patients at various stages of cancer.
Who are the top competitors of Onco?
Onco's top competitors include Optimus Oncology, CancerFax and Comprehensive Blood & Cancer Center.
What products or services does Onco offer?
Onco offers Cancer Treatment Guidance, Diagnostic Test Booking, and Medicine Delivery.
Who are Onco's investors?
Onco has 49 investors. Key investors include Apollo Hospitals, Accel, Wellfound, Alteria Capital, and Dream Incubator.
What is Onco's valuation?
The valuation of Onco is $46.55M as of Apr 2022.