About One Care
One Care is a company based in Bengaluru (India) founded in 2021 by Sagar Bhat and Rakesh Shivran was acquired by ACKO in July 2024.. 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 as of October 31, 2024. One Care operates in a competitive market with competitors including Verily, Memora Health, Wellframe, MD Revolution and VitalTech, among others.
- Headquarter Bengaluru, India
- Employees 508 as on 31 Oct, 2024
- Founders Sagar Bhat, Rakesh Shivran
- 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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Annual Revenue
$242.58 K (USD)43as on Mar 31, 2024
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Net Profit
$-490.9 K (USD)26as on Mar 31, 2024
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EBITDA
$-473.92 K (USD)27as on Mar 31, 2024
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Total Equity Funding
$1.86 M (USD)
in 3 rounds
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Latest Funding Round
$169.11 K (USD), Seed
Jan 05, 2023
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Investors
ACKO
& 38 more
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Employee Count
508
as on Oct 31, 2024
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Acquired by
ACKO
(Jul 24, 2024)
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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 Total Funding
- Total Rounds 3
- Last Round Seed — $169,112
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First Round
First Round
(02 Nov 2021)
- Investors Count 38
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Seed - One Care | Valuation |
investors |
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| Sep, 2022 | Amount | Seed - One Care | Valuation | Multiply Ventures | |
| Nov, 2021 | Amount | Seed - One Care | Valuation | Multiply Ventures , Better Capital |
| 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 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. 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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Potato farming, grain marketing, and equipment services are conducted in Maine.
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Technical founders are supported through early-stage venture capital investments.
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Seed to series A startups receive investments from Good Capital.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 One Care
| 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 - One Care
| 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 |
One Care Comparisons
Competitors of One Care
One Care 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 Verily, Memora Health, Wellframe, MD Revolution and VitalTech, 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 |
AI-based solutions for health management are provided.
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| domain | founded_year | HQ Location |
Mobile messaging platform is utilized for chronic disease management.
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| domain | founded_year | HQ Location |
Mobile and AI-based platform offering support to providers for better patient engagement
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| domain | founded_year | HQ Location |
Predictive analytics SaaS platform for patient engagement is provided.
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| domain | founded_year | HQ Location |
Cloud-based platform is provided for patient and employee health monitoring.
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| domain | founded_year | HQ Location |
Provides customized digital care plans for gastrointestinal health support.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 One Care
Frequently Asked Questions about One Care
When was One Care founded?
One Care was founded in 2021.
Where is One Care located?
One Care is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of One Care?
Rakesh Shivran is the current CEO of One Care. They have also founded this company.
Is One Care a funded 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 02, 2021.
How many employees does One Care have?
As of Oct 31, 2024, the latest employee count at One Care is 508.
What is the annual revenue of One Care?
Annual revenue of One Care is $242.58K as on Mar 31, 2024.
What does One Care do?
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.
Who are the top competitors of One Care?
One Care's top competitors include Verily, Memora Health and Wellframe.
Who are One Care's investors?
One Care has 39 investors. Key investors include ACKO, Angel List, Multiply Ventures, Siddhi Private Trust, and Neelanchal Edifice.
What is One Care's valuation?
The valuation of One Care is $11.6M as of Jan 2023.