About Prescribe
Prescribe was a Technology company based in Malappuram (India) founded in 2019 by Amit Kumar Verma, Nived Narayanan, and Sreeshyam C A. Functions as an AI-based platform for health management, supporting doctors and patients with advanced tools. It operates on a B2B model. Prescribe has raised $260.94 thousand across 2 funding rounds from investors including Angel List, Wellfound and First Cheque. Prescribe was last valued at $897.94 thousand in September 2020. Its Indian entity Wellnexus Technologies Private Limited reported revenue of ₹14.5 Lakh. The company is recorded as dissolved. Its focus areas include Healthcare, Digital Health, Health Management Platforms and AI Solutions. Its competitors include Purple Health, Lytus and Jiyyo; 2 of its 3 listed competitors have raised funding.
Company details
Prescribe, backed by 260940.0 from Y Combinator, Rohit Kumar Bansal, Titan Capital, Mudit Vijayvergiya, Nipun Goyal, Pawan Gupta, Kunal Bahl, Wellfound, First Cheque, Angel List, AngelList, Rohit Bansal, focuses on providing healthcare solutions, providing digital health services, health management platforms, and ai solutions. Functions as an AI-based platform for health management, supporting doctors and patients with advanced tools. Driving innovation, growth, and excellence in its industry sectors.
- Headquarters Malappuram, India
- Founders Amit Kumar Verma, Nived Narayanan, Sreeshyam C A
- SectorsTechnology
- Website heyprescribe.com
- Social X Facebook
- Legal Name Wellnexus Technologies Private Limited
- Date of Incorporation 21 Nov, 2019
- Jurisdiction Malappuram, Kerala, India
- Annual Revenue₹14.5 Lakh
FY 2022 · +146% YoY
- Net Loss-₹7.3 Lakh
FY 2022 · -50% margin
- EBITDA-₹6.6 Lakh
FY 2022 · -45% margin
- Total Equity Funding$260.94K (USD)
in 2 rounds
- Latest Funding Round$125K (USD), Seed
Mar 2021
- InvestorsAngel List
& 11 more
Associated legal entities of Prescribe
Prescribe operates through Wellnexus Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wellnexus Technologies Private Limited CIN U72900KL2019PTC060460 | Active | 21 Nov 2019 | Malappuram, Kerala | ₹0.1 Cr | 3 | View details |
Funding Insights of Prescribe
Prescribe has successfully raised a total of $260.94K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $125 thousand completed in March 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 $260,940
- Total Rounds 2
- Last Round Seed — $125,000
- First Round $135,940
(Sep 2020)
- Investors Count 12
All 2 funding rounds of Prescribe 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 |
|---|---|---|---|---|---|
| Mar 2021 | $125,000 | Seed | – | – | |
| Sep 2020 | $135,940 | Seed | $897,941 | Titan Capital, Wellfound |
Last known valuation $897,941 (Sep 2020). 12 investors in total: 6 institutional and 6 angel.
Investors in Prescribe
Prescribe has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Wellfound and First Cheque.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Investments are made in early-stage companies by Titan Capital. | titancapital.vc | Gurugram, India | ||
Early-stage investment and support services for startups in technology and e-commerce sectors. | 2018 | firstcheque.vc | Mumbai, India | |
Startup jobs are connected to individuals via a dedicated platform. | 2013 | wellfound.com | New York, United States | |
Alternative investment platform for startups and investors is operated. | 2010 | angellist.com | San Francisco, United States | |
Startup jobs are connected to seekers via an online platform. | angel.co | San Francisco, United States | ||
RK Rohit Kumar Bansal | unknown_9356c1d7297e4692b | |||
MV Mudit Vijayvergiya | Co-founder of Curofy, angel investor in Indian startups | unknown_0162fbdff695427f9 | ||
NG Nipun Goyal | Co-founder of CRED, angel investor in Indian startups | unknown_0ff2e98d81184341b | ||
PG Pawan Gupta | Angel investor, ex-Director at American Express, focused on fintech and consumer tech. | unknown_9218d32b870a47a3b |
Investor details for Prescribe
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Wellnexus Technologies Private Limited (Prescribe)
Wellnexus Technologies Private Limited is the primary company behind Prescribe. The board of Wellnexus Technologies Private Limited currently have 3 directors; the longest-serving is Chandroth Ambiliyadan Sreeshyam, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chandroth Ambiliyadan Sreeshyam DIN 08618664 | Director | 21 Nov 2019 | 6 yrs 11 mo | Wellnexus Technologies Private Limited |
| Nived Narayanan DIN 08618652 | Director | 21 Nov 2019 | 6 yrs 11 mo | Wellnexus Technologies Private Limited |
| Amit Kumar DIN 08618663 | Director | 21 Nov 2019 | 6 yrs 11 mo | Wellnexus Technologies Private Limited |
People of Prescribe
5 people are tracked at Prescribe (3 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Amit Kumar Verma | Co-Founder | Leadership |
| Co-Founder | Leadership | |
Sreeshyam C A | Co-Founder | Leadership |
Shubhra Sisodia | Digital Marketing & Business Development Associate | Team |
Gabrielle Cova | Brand & Communication Strategist | Team |
Complete people profiles for Prescribe
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Prescribe
Figures of Wellnexus Technologies Private Limited, the primary company behind Prescribe, for FY 2022. Revenue was ₹14.5 Lakh (+146% year on year). Net loss was -₹7.3 Lakh (-50% margin). EBITDA was -₹6.6 Lakh (-45% margin).
- ₹14.5 LakhRevenue · FY 2022 · +146% YoY
- -₹7.3 LakhNet loss · -50% margin
- -₹6.6 LakhEBITDA · -45% margin
- ₹1.2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Wellnexus Technologies Private Limited are on its company page.
Detailed financial statements for Prescribe
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.
Timeline of Prescribe
3 dated milestones of Prescribe across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Prescribe is founded.
- Funding First funding round of $136K.
- Funding Latest funding round, Seed, of $125K.
Competitors of Prescribe
Prescribe has 3 listed competitors in our database, 2 of them funded. They include Purple Health, Lytus and Jiyyo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| purplehealth.com | 2014 | Thiruvananthapuram, India | $294,770 | Online platform for video consulting with doctors and appointment booking | ||
| lytuscorp.com | 2020 | Mumbai, India | 3 | Provider of telemedicine services | ||
| jiyyo.com | 2016 | Chandigarh, India | $829,372 | 1 | Platform to search prices of medicines and medical procedures |
Detailed competitors of Prescribe
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in AI in Healthcare
3 companies that operate in the same segment as Prescribe (AI in Healthcare) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI startup acceleration and networking services are offered globally. | 2017 | Bengaluru, Karnataka, India | ||||
AI-based mental health support services for individuals, organizations, and healthcare providers. | 2015 | Bengaluru, Karnataka, India | USD 1.55 M | 102 | ||
AI-powered platform for digitizing prescriptions and enhancing healthcare workflows. | 2017 | Delhi, Delhi, India | USD 9.05 M | USD 3.5 K | 6 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Prescribe
Complete news archive for Prescribe
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Prescribe
Prescribe was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Prescribe is headquartered in Malappuram, India. It is registered at Malappuram, Kerala, India.
Prescribe is a funded company, having raised a total of $260.94K across 2 funding rounds to date. The company's 1st funding round was a Seed of $135.94K, raised on Sep 2020.
The primary company behind Prescribe, Wellnexus Technologies Private Limited, reported revenue of ₹14.5 Lakh for FY 2022, up 146% year on year.
Prescribe, backed by 260940.0 from Y Combinator, Rohit Kumar Bansal, Titan Capital, Mudit Vijayvergiya, Nipun Goyal, Pawan Gupta, Kunal Bahl, Wellfound, First Cheque, Angel List, AngelList, Rohit Bansal, focuses on providing healthcare solutions, providing digital health services, health management platforms, and ai solutions. Functions as an AI-based platform for health management, supporting doctors and patients with advanced tools. Driving innovation, growth, and excellence in its industry sectors.
Prescribe's top competitors include Lytus, Purple Health and Jiyyo.
Prescribe has 12 investors. Key investors include Angel List, Wellfound, First Cheque, Y Combinator, and Rohit Kumar Bansal.
The valuation of Prescribe is $897.94K as of Sep 2020.
Prescribe operates through Wellnexus Technologies Private Limited.
The legal entities of Prescribe currently have 3 directors, including Chandroth Ambiliyadan Sreeshyam, Nived Narayanan, Amit Kumar.