About One Care
One Care is a Healthcare company based in Bengaluru (India) founded in 2021 by Sagar Bhat and Rakesh Shivran, and was acquired by ACKO in July 2024. Lifestyle care programs for chronic conditions like diabetes are provided. One Care has raised $1.86 million across 3 funding rounds from investors including ACKO, Angel List and Multiply Ventures. The company has 508 employees. One Care was last valued at $11.6 million in January 2023. Its chief executive, as recorded, is Rakesh Shivran. Its focus areas include HealthTech, Healthcare IT, Value Based Care and Care Coordination.
Company details
OneCare was founded in 2021 in Bengaluru, India, within the healthcare sector. Personalized treatment approaches and guidance for managing chronic conditions such as Type-2 Diabetes and Thyroid are delivered through a dedicated platform. Support from health coaches, nutritionists, fitness trainers, and behavioral therapists is incorporated into individualized care plans. Operations center on patient care services tailored to lifestyle management in the Indian market.
- Headquarters Bengaluru, India
- Employees 508
- Founders Sagar Bhat, Rakesh Shivran
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website onecare.co.in
- Social LinkedIn
- Acquired by ACKO (Jul 2024)
- Annual Revenue$242.58 K (USD)43as on Mar 31, 2024
- Net Profit-$490.9 K (USD)26as on Mar 31, 2024
- EBITDA-$473.92 K (USD)27as on Mar 31, 2024
- Total Equity Funding$1.86M (USD)
in 3 rounds
- Latest Funding Round$169.11K (USD), Seed
Jan 2023
- InvestorsACKO
& 38 more
- Employee Count508
- Acquired byACKO
(Jul 2024)
Associated legal entities of One Care
One Care is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wellworks Technologies Private Limited CIN U85100KA2021PTC147828 | Under Liquidation | 25 May 2021 | Bangalore, Karnataka | ₹2.0 Cr | 35 | 3 | View details |
| Acko Technology & Services Private Limited CIN U74110KA2016PTC120161 | Active | 07 Sep 2016 | Bangalore, Karnataka | ₹2,887 Cr | 461 | 14 | View details |
Funding Insights of One Care
One Care has successfully raised a total of $1.86M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $169.11 thousand completed in January 2023. 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 $1.86M
- Total Rounds 3
- Last Round Seed — $169,112
- First Round $1M
(Nov 2021)
- Investors Count 38
All 3 funding rounds of One Care 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 |
|---|---|---|---|---|---|
| Jan 2023 | $169,112 | Seed | $11.6M | – | |
| Sep 2022 | $690,162 | Seed | $113.72M | Multiply Ventures | |
| Nov 2021 | $1M | Seed | $••••• | Multiply Ventures, Better Capital |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2023 | $11.6M | •••••••• |
| Sep 2022 | $113.72M | •••••••• |
| Nov 2021 | $••••• | •••••••• |
Full valuation and stage history of One Care
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Last known valuation $11.6M (Jan 2023). 39 investors in total: 12 institutional and 27 angel.
Investors in One Care
One Care has secured backing from 39 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include ACKO, Angel List and Multiply Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Potato farming, grain marketing, and equipment services are conducted in Maine. | 2019 | multiplyventures.com | Bengaluru, India | |
Technical founders are supported through early-stage venture capital investments. | amplifypartners.com | Menlo Park, United States | ||
Seed to series A startups receive investments from Good Capital. | goodcapital.vc | Delhi, India | ||
Early-stage companies are invested in by Better Capital. | bettercapital.vc | Santa Clara, United States | ||
Venture capital funding is provided to innovative startups in India. | Mumbai, India | |||
Micro venture capital firm investing in cloud startups | cloudcap.in | Delhi, India | ||
Ayurvedic treatments are offered at a standalone clinic in Delhi. | Delhi, India | |||
Construction services are provided in Bengaluru, India. | Bengaluru, India | |||
Alternative investment platform for startups and investors is operated. | 2010 | angellist.com | San Francisco, United States |
Investor details for One Care
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 One Care
The boards of the 2 registered companies of One Care currently have 14 directors; the longest-serving is Abhinav Chaturvedi, appointed in 2018. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhinav Chaturvedi DIN 07219194 | Director | 12 Jul 2018 | 8 yrs 3 mo | Acko Technology & Services Private Limited |
| Mridul Arora DIN 03579584 | Nominee Director | 16 May 2020 | 6 yrs 5 mo | Acko Technology & Services Private Limited |
| Sagar Manjunath Bhat DIN 09077124 | Director | 25 May 2021 | 5 yrs 5 mo | Wellworks Technologies Private Limited |
| Rakesh Shivran DIN 07527047 | Director | 25 May 2021 | 5 yrs 5 mo | Wellworks Technologies Private Limited |
| Shantanu Rastogi DIN 06732021 | Nominee Director | 22 Apr 2022 | 4 yrs 6 mo | Acko Technology & Services Private Limited |
| Nithya Easwaran DIN 03605392 | Nominee Director | 11 May 2022 | 4 yrs 5 mo | Acko Technology & Services Private Limited |
| Binny Bansal DIN 02356492 | Nominee Director | 18 Aug 2022 | 4 yrs 2 mo | Acko Technology & Services Private Limited |
| Varun Dua DIN 02092948 | CEO | 01 Apr 2023 | 3 yrs 7 mo | Acko Technology & Services Private Limited |
| Rajat Mangla DIN 07434021 | Nominee Director | 21 Jul 2023 | 3 yrs 3 mo | Acko Technology & Services Private Limited |
| Animesh Kumar Das DIN 10511270 | Nominee Director | 27 Mar 2024 | 2 yrs 7 mo | Acko Technology & Services Private Limited |
| Chengalath Jayaram DIN 00012214 | Director | 01 May 2024 | 2 yrs 6 mo | Acko Technology & Services Private Limited |
| Narumanchi Venkata Sivakumar DIN 03534101 | Director | 19 Sep 2024 | 2 yrs 1 mo | Acko Technology & Services Private Limited |
| Vinit Gajendra Gangwal DIN 08589505 | IRP/RP/Liquidator | 06 Jan 2025 | 1 yr 10 mo | Wellworks Technologies Private Limited |
| Rohini Srivathsa DIN 10475712 | Director | 13 Nov 2025 | 11 mo | Acko Technology & Services Private Limited |
People of One Care
5 people are tracked at One Care (3 in leadership, 2 in team); the tracked headcount is 508.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Dr Rakesh Shivran | Co-Founder & CEO | Leadership |
Jayanth M | Data Analyst | Team |
Vijay Kumar | Partnership Manager | Team |
Complete people profiles for One Care
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Financials of One Care
Figures of Acko Technology & Services Private Limited, the primary company behind One Care, for FY 2025. Revenue was ₹2,887 Cr (+34% year on year). Net loss was -₹424 Cr (-15% margin). EBITDA was -₹404 Cr (-14% margin). Revenue has grown at a compounded annual rate of +29% over three years and +41% over five years.
- ₹2,887 CrRevenue · FY 2025 · +34% YoY
- -₹424 CrNet loss · -15% margin
- -₹404 CrEBITDA · -14% margin
- ₹4,009 CrPaid-up capital
- 461Employees (provident fund records)
- +29%Revenue CAGR, 3 years
- +41%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Acko Technology & Services Private Limited are on its company page.
Detailed financial statements for One Care
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of One Care
5 dated milestones of One Care across 3 years, from founding to its latest funding, stage changes and deals.
- Founded One Care is founded.
- Funding First funding round of $1.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $169K.
- Exit Acquired by ACKO.
Web traffic of One Care
Websites that share an audience with One Care (onecare.co.in).
Websites whose visitors overlap most with One Care. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
healthcareinformatics.co.in | healthcareinformatics.co.in | 100% | – | ||
| occucare.co.in | 99% | 2K | #7,000,481 | View details | |
| dronahealth.co.in | 96% | View details | |||
suvarna.co.in | suvarna.co.in | 95% | #3,834,480 | – | |
mycareindia.co.in | mycareindia.co.in | 95% | #4,834,003 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for One Care
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Related news about One Care
Complete news archive for One Care
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Frequently Asked Questions about One Care
One Care was founded in 2021.
One Care is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rakesh Shivran is the CEO of One Care, as recorded in our data. They have also founded this company.
One Care is a funded company, having raised a total of $1.86M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Nov 2021.
One Care has 508 employees.
Annual revenue of One Care is $242.58K as on Mar 31, 2024.
OneCare was founded in 2021 in Bengaluru, India, within the healthcare sector. Personalized treatment approaches and guidance for managing chronic conditions such as Type-2 Diabetes and Thyroid are delivered through a dedicated platform. Support from health coaches, nutritionists, fitness trainers, and behavioral therapists is incorporated into individualized care plans. Operations center on patient care services tailored to lifestyle management in the Indian market.
One Care has 39 investors. Key investors include ACKO, Angel List, Multiply Ventures, Siddhi Private Trust, and Neelanchal Edifice.
The valuation of One Care is $11.6M as of Jan 2023.
One Care is associated with 2 legal entities: Acko Technology & Services Private Limited, Wellworks Technologies Private Limited.
Yes. One Care was acquired by ACKO in July 2024.
The legal entities of One Care currently have 16 directors, including Mridul Arora, Animesh Kumar Das, Varun Dua and others.