About Parentlane
Parentlane is a company based in Bengaluru (India) founded in 2016 was acquired by ACKO in March 2023.. Parentlane has raised $931.87 thousand across 4 funding rounds from investors including ACKO, Capier Investments and LifeCell. Parentlane offers products and services including Pregnancy Care Platform, Fertility Tracking Tools, and Baby Health Resources. Parentlane operates in a competitive market with competitors including IMumz, Baby Gogo, Savemom, Everheal and Maatri, among others.
- Headquarter Bengaluru, India
- Stage Minicorn
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Sectors
ConsumerHealthcare
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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 Discovery Info Labs Private Limited
- Date of Incorporation 02 Dec, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$10.12 K (USD)99.76as on Mar 31, 2021
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Net Profit
$-44.66 K (USD)0.1as on Mar 31, 2021
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EBITDA
$-47.07 K (USD)1.62as on Mar 31, 2021
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Total Equity Funding
$931.87 K (USD)
in 4 rounds
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Latest Funding Round
$187.91 K (USD), Series A
Jun 18, 2021
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Investors
ACKO
& 26 more
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Employee Count
Employee Count
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Acquired by
ACKO
(Mar 16, 2023)
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Products & Services of Parentlane
Parentlane offers a comprehensive portfolio of products and services, including Pregnancy Care Platform, Fertility Tracking Tools, and Baby Health Resources. 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.
Tools for monitoring pregnancy and comparing delivery packages.
Resources for fertility advice and conception support.
Platform for baby vaccination charts and feeding schedules.
Funding Insights of Parentlane
Parentlane has successfully raised a total of $931.87K across 4 strategic funding rounds. The most recent funding activity was a Series A round of $187.91 thousand completed in June 2021. 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 4
- Last Round Series A — $187,909
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First Round
First Round
(08 Feb 2016)
- Investors Count 26
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series A - Parentlane | Valuation | LifeCell , Rakesh Gopinathan Nair | |
| Mar, 2018 | Amount | Seed - Parentlane | Valuation | LifeCell | |
| Oct, 2017 | Amount | Seed - Parentlane | Valuation | Sujeet Kumar |
| 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 Parentlane
Parentlane has secured backing from 27 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include ACKO, Capier Investments and LifeCell. 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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Angel Network for Bengaluru based companies
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Founded Year | Domain | Location | |
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NuVentures is engaged in venture capital investments for startups.
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Founded Year | Domain | Location | |
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Tissue repair products for regenerative medicine are developed and marketed.
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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 Parentlane
| 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 - Parentlane
| 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 |
Parentlane Comparisons
Competitors of Parentlane
Parentlane 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 IMumz, Baby Gogo, Savemom, Everheal and Maatri, 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 |
Provider of an app for monitoring health and wellness during pregnancy management
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| domain | founded_year | HQ Location |
Mobile based app for parents to connect with doctors for child care
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| domain | founded_year | HQ Location |
Maternal health is monitored via technology platforms and devices.
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| domain | founded_year | HQ Location |
Personalized maternity care is provided through app and physical centers.
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| domain | founded_year | HQ Location |
Baby development and health data are monitored via mobile app.
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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 Parentlane
Frequently Asked Questions about Parentlane
When was Parentlane founded?
Parentlane was founded in 2016.
Where is Parentlane located?
Parentlane is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Parentlane a funded company?
Parentlane is a funded company, having raised a total of $931.87K across 4 funding rounds to date. The company's 1st funding round was a Seed of $91.66K, raised on Feb 08, 2016.
What is the annual revenue of Parentlane?
Annual revenue of Parentlane is $10.12K as on Mar 31, 2021.
What does Parentlane do?
Parentlane was founded in 2016 in Bengaluru, India, as a digital health platform focused on maternity and child care. AI-driven tools are utilized to track indicators related to health, growth, development, lactation, and nutrition through user observations. Insights and tailored services from health professionals are delivered, alongside online consultations for maternal and pediatric needs. Operations center on personalized health support in the digital wellness sector.
Who are the top competitors of Parentlane?
What products or services does Parentlane offer?
Parentlane offers Pregnancy Care Platform, Fertility Tracking Tools, and Baby Health Resources.
Who are Parentlane's investors?
Parentlane has 27 investors. Key investors include ACKO, Capier Investments, LifeCell, Indus Capital Partners, and Indus Finance.
What is Parentlane's valuation?
The valuation of Parentlane is $3.22M as of Jun 2021.