About Qikwell
Qikwell is a company based in Bengaluru (India) founded in 2011 was acquired by Practo in September 2015.. Qikwell has raised $3.21 million across 3 funding rounds from investors including Practo, Elevation Capital and Alok Mittal. The company has 108 employees as of June 30, 2023. Qikwell offers products and services including Doctor Finder, Appointment Booking, and Medicine Ordering. Qikwell operates in a competitive market with competitors including Zocdoc, Kivi Health, BestDoc, Clinikk and MEngage, among others.
- Headquarter Bengaluru, India
- Employees 108 as on 30 Jun, 2023
- 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
$17.42 M (USD)178as on Mar 31, 2022
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Net Profit
$-4.68 M (USD)-194as on Mar 31, 2022
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EBITDA
$-4.37 M (USD)-239as on Mar 31, 2022
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Total Equity Funding
$3.21 M (USD)
in 3 rounds
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Latest Funding Round
$3 M (USD), Series A
Nov 24, 2014
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Investors
Practo
& 14 more
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Employee Count
108
as on Jun 30, 2023
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Acquired by
Practo
(Sep 24, 2015)
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Products & Services of Qikwell
Qikwell offers a comprehensive portfolio of products and services, including Doctor Finder, Appointment Booking, and Medicine Ordering. 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.
Service for searching and discovering doctors online.
Tool for booking and managing medical appointments securely.
Platform for ordering and delivering medicines online.
Funding Insights of Qikwell
Qikwell has successfully raised a total of $3.21M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in November 2014. 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 Series A — $3.0M
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First Round
First Round
(01 Feb 2014)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2014 | Amount | Series A - Qikwell | Valuation | Elevation Capital |
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| Aug, 2014 | Amount | Angel Round - Qikwell | Valuation | Alok Mittal , Bhupender Singh | |
| Feb, 2014 | Amount | Angel Round - Qikwell | Valuation | Rabani Garg , Raghuveer Tarra |
| 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 Qikwell
Qikwell has secured backing from 15 investors, including venture fund and angel investors. Prominent investors backing the company include Practo, Elevation Capital and Alok Mittal. 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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Elevation Capital is focused on early-stage tech investments in India.
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Founded Year | Domain | Location | |
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AM
Alok Mittal |
Co-founder of Indifi, angel investor, ex-Canaan Partners, startup mentor
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Founded Year | Domain | Location |
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BS
Bhupender Singh |
Angel investor and entrepreneur, founder of Intank Solutions, active in tech startups
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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
|
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 Qikwell
| 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 - Qikwell
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Qikwell Comparisons
Competitors of Qikwell
Qikwell 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 Zocdoc, Kivi Health, BestDoc, Clinikk and MEngage, 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 |
Healthcare appointments are booked online via Zocdoc's platform.
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| domain | founded_year | HQ Location |
Healthcare marketplace for appointment booking
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| domain | founded_year | HQ Location |
Patient relationships are managed digitally for healthcare providers.
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| domain | founded_year | HQ Location |
Primary healthcare services are offered via annual membership plans.
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| domain | founded_year | HQ Location |
Patient engagement platform
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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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Frequently Asked Questions about Qikwell
When was Qikwell founded?
Qikwell was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is Qikwell located?
Qikwell is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Qikwell a funded company?
Qikwell is a funded company, having raised a total of $3.21M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $98.46K, raised on Feb 01, 2014.
How many employees does Qikwell have?
As of Jun 30, 2023, the latest employee count at Qikwell is 108.
What is the annual revenue of Qikwell?
Annual revenue of Qikwell is $17.42M as on Mar 31, 2022.
What does Qikwell do?
Qikwell is an e-healthcare site allowing users to book appointments with doctors. Also provides information on doctors, live information on doctors availability, online appointment booking, delayor schedule change notifications, etc. Connects users to doctors in six citiesBangalore, Chennai, Mysore, Vellore, Krishnagiri and Shimoga. Raised angel funding in early 2014 from Rabbani Garg, Raghuveer Tarra and Bhupendra Shah, and Series A from SAIF Partners in Nov 2014. Acquired by Practo in Sept 2015.
Who are the top competitors of Qikwell?
What products or services does Qikwell offer?
Qikwell offers Doctor Finder, Appointment Booking, and Medicine Ordering.
Who are Qikwell's investors?
Qikwell has 15 investors. Key investors include Practo, Elevation Capital, Alok Mittal, Bhupender Singh, and Bhupendra Shah.
What is Qikwell's valuation?
The valuation of Qikwell is $10.86M as of Nov 2014.
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