About Promiso Health
Promiso Health is a company based in Bengaluru (India) founded in 2021 by Vikas Gupta and Sumit Bajaj.. Promiso Health has raised $456.28 thousand across 1 funding round from investors including Amit Midha, Shanthi Saravanan and Arun Kalyanasundaram. The company has 1 employees as of March 28, 2024. Promiso Health offers products and services including At-Home Lab Tests, Video Medical Examinations, Physical Medical Examinations, and API and Digitization. Promiso Health operates in a competitive market with competitors including Faks, Hospicelink, Rx Redefined, EasyRx and Precal, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 28 Mar, 2024
- Founders Vikas Gupta, Sumit Bajaj
- Stage Minicorn
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Promiso Health Private Limited
- Date of Incorporation 08 Mar, 2021
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$631.68 K (USD)-18.73as on Mar 31, 2023
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Net Profit
$-105.99 K (USD)54.02as on Mar 31, 2023
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EBITDA
$-103.57 K (USD)55.99as on Mar 31, 2023
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Total Equity Funding
$456.28 K (USD)
in 1 rounds
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Latest Funding Round
$456.28 K (USD), Angel Round
Jul 02, 2021
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Investors
& 6 more
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Employee Count
1
as on Mar 28, 2024
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Products & Services of Promiso Health
Promiso Health offers a comprehensive portfolio of products and services, including At-Home Lab Tests, Video Medical Examinations, Physical Medical Examinations, and API and Digitization. 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.
Enables at-home blood, urine, and stool tests with fast results for clients.
Offers secure video-based medical checks for remote diagnostics.
Provides at-home vitals and ECG tests with digital tracking.
Facilitates real-time tracking and data sharing for business systems.
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Leadership Team
1 people
Software Development Team
1 people
Co Team
1 people
Operations Team
1 people
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Funding Insights of Promiso Health
Promiso Health has successfully raised a total of $456.28K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $456.28 thousand completed in July 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 1
- Last Round Angel Round — $456,280
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First Round
First Round
(02 Jul 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Angel Round - Promiso Health | Valuation | Amit Midha |
| 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 Promiso Health
Promiso Health has secured backing from 7 investors, including angel investors. Prominent investors backing the company include Amit Midha, Shanthi Saravanan and Arun Kalyanasundaram. 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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AM
Amit Midha |
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Founded Year | Domain | Location |
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SS
Shanthi Saravanan |
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Founded Year | Domain | Location |
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AK
Arun Kalyanasundaram |
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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 Promiso Health
| 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 - Promiso Health
| 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 |
Promiso Health Comparisons
Competitors of Promiso Health
Promiso Health 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 Faks, Hospicelink, Rx Redefined, EasyRx and Precal, 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 |
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| domain | founded_year | HQ Location |
Faks is recognized as a leading app for commercial relations in pharmacies.
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| domain | founded_year | HQ Location |
Web-based DME benefit management is provided for hospice companies.
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| domain | founded_year | HQ Location |
Supply chain distribution and billing platform provided for healthcare providers.
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| domain | founded_year | HQ Location |
E-prescriptions for dental practitioners are managed via a specialized platform.
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| domain | founded_year | HQ Location |
Online prescription management software is provided for scanned data handling.
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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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Frequently Asked Questions about Promiso Health
When was Promiso Health founded?
Promiso Health was founded in 2021.
Where is Promiso Health located?
Promiso Health is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Promiso Health?
Vikas Gupta is the current CEO of Promiso Health. They have also founded this company.
Is Promiso Health a funded company?
Promiso Health is a funded company, having raised a total of $456.28K across 1 funding round to date. The company's 1st funding round was a Angel Round of $456.28K, raised on Jul 02, 2021.
How many employees does Promiso Health have?
As of Mar 28, 2024, the latest employee count at Promiso Health is 1.
What is the annual revenue of Promiso Health?
Annual revenue of Promiso Health is $631.68K as on Mar 31, 2023.
What does Promiso Health do?
Promiso Health was founded in 2021 in Bengaluru, India, within the healthcare sector. At-home diagnostics and care delivery are facilitated through digital means. A network comprising diagnostic chains, hospitals, labs, and pharmaceuticals is maintained. Services including sample collection, point-of-care testing, and continuous glucose monitoring are offered to support patient needs across various healthcare requirements.
Who are the top competitors of Promiso Health?
Promiso Health's top competitors include Faks, Rx Redefined and Hospicelink.
What products or services does Promiso Health offer?
Promiso Health offers At-Home Lab Tests, Video Medical Examinations, Physical Medical Examinations, and API and Digitization.
Who are Promiso Health's investors?
Promiso Health has 7 investors. Key investors include Amit Midha, Shanthi Saravanan, Arun Kalyanasundaram, Jaswin Sayiram, and Ganesh Srinivasan.
What is Promiso Health's valuation?
The valuation of Promiso Health is $1.4M as of Jul 2021.