About Remedico
Remedico is a Healthcare company based in Mumbai (India) founded in 2016. Telemedicine app for skin and hair consultations is provided. Remedico has raised $1.14 million across 3 funding rounds from investors including Venture Catalysts, LetsVenture and Parkview Health. Remedico was last valued at $2.67 million in October 2020. Its Indian entity Blackburn Technologies Private Limited reported revenue of ₹71.5 Lakh. Remedico offers products and services including Email Subscription Service. Its focus areas include HealthTech, Healthcare Booking Platforms, Doctors and Telemedicine. Its competitors include Cureskin, Clinikally and Nonu Care; 3 of its 3 listed competitors have raised funding.
Company details
Remedico was founded in 2016 in Mumbai, India, as a telemedicine provider focused on skin and hair conditions. A mobile app is utilized for user consultations with registered specialists, where photos and details are uploaded to receive personalized treatment plans and prescriptions. Daily reminders and follow-up monitoring are included for issues such as acne, eczema, psoriasis, and dandruff. Operations center on accessible digital healthcare in the dermatology sector.
- Headquarters Mumbai, India
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website remedicohealth.com
- Social LinkedIn X Facebook
- Legal Name Blackburn Technologies Private Limited
- Date of Incorporation 07 Sep, 2016
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹71.5 Lakh
FY 2022 · -25% YoY
- Net Loss-₹1.71 Cr
FY 2022 · -239% margin
- EBITDA-₹1.69 Cr
FY 2022 · -236% margin
- Total Equity Funding$1.14M (USD)
in 3 rounds
- Latest Funding Round$545.06K (USD), Seed
Oct 2020
- InvestorsVenture Catalysts
& 94 more
Associated legal entities of Remedico
Remedico operates through Blackburn 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 |
|---|---|---|---|---|---|---|---|
| Blackburn Technologies Private Limited CIN U74999TG2016PTC111859 | Active | 07 Sep 2016 | Hyderabad, Telangana | ₹0.7 Cr | 2 | View details |
Products & Services of Remedico
Remedico offers a comprehensive portfolio of products and services, including Email Subscription Service.
Tool for signing up to receive health updates and promotions.
Funding Insights of Remedico
Remedico has successfully raised a total of $1.14M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $545.06 thousand completed in October 2020. 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 $1.14M
- Total Rounds 3
- Last Round Seed — $545,061
- First Round $97,091
(Mar 2018)
- Investors Count 95
All 3 funding rounds of Remedico 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 |
|---|---|---|---|---|---|
| Oct 2020 | $545,061 | Seed | $2.67M | AWE Funds | |
| Apr 2019 | $500,000 | Seed | $2.13M | Venture Catalysts, Parkview Health | |
| Mar 2018 | $97,091 | Angel Round | $••••• | Shomoresh Bhattacharjee |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2020 | $2.67M | •••••••• |
| Apr 2019 | $2.13M | •••••••• |
| Mar 2018 | $••••• | •••••••• |
Full valuation and stage history of Remedico
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $2.67M (Oct 2020). 95 investors in total: 24 institutional and 71 angel.
Investors in Remedico
Remedico has secured backing from 95 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Venture Catalysts, LetsVenture and Parkview Health.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Investments in tech innovations for climate action and gender equity across Climate Tech, HealthTech, Fin-tech, and Future of Work. | awefunds.com | |||
Business solutions for retailers are provided by Vista Business Ventures. | Mumbai, India | |||
Biomedical innovations are transformed into therapies by Vida Ventures. | vidaventures.com | Boston, United States | ||
Venture debt firm | 2017 | samyakthcapital.com | Mumbai, India | |
Venture capital fund focused on tech startups | Kolkata, India | |||
Seed-stage venture capital investments are targeted by Singhvi Heritage. | Chennai, India | |||
Private equity firm focused on multiple sectors | Mumbai, India | |||
Diverse food processing operations are conducted across multiple sectors. | 1930 | kngroup.in | Raipur, India | |
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India |
Investor details for Remedico
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Blackburn Technologies Private Limited (Remedico)
Blackburn Technologies Private Limited is the primary company behind Remedico. The board of Blackburn Technologies Private Limited currently have 2 directors; the longest-serving is Ranjit Harish Bhatia, appointed in 2016. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ranjit Harish Bhatia DIN 07581532 | Managing Director | 07 Sep 2016 | 10 yrs 1 mo | Blackburn Technologies Private Limited |
| Sailesh Kumar Goel DIN 11103233 | Director | 09 Apr 2025 | 1 yr 6 mo | Blackburn Technologies Private Limited |
Financials of Remedico
Figures of Blackburn Technologies Private Limited, the primary company behind Remedico, for FY 2022. Revenue was ₹71.5 Lakh (-25% year on year). Net loss was -₹1.71 Cr (-239% margin). EBITDA was -₹1.69 Cr (-236% margin). Revenue has grown at a compounded annual rate of +55% over three years and +357% over five years.
- ₹71.5 LakhRevenue · FY 2022 · -25% YoY
- -₹1.71 CrNet loss · -239% margin
- -₹1.69 CrEBITDA · -236% margin
- ₹8.4 LakhPaid-up capital
- +55%Revenue CAGR, 3 years
- +357%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Blackburn Technologies Private Limited are on its company page.
Detailed financial statements for Remedico
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Remedico
4 dated milestones of Remedico across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Remedico is founded.
- Funding First funding round of $97K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $545K.
Competitors of Remedico
Remedico has 3 listed competitors in our database, 3 of them funded. They include Cureskin, Clinikally and Nonu Care.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cureskin.com | 2017 | Bengaluru, India | $26.87M | 99 | Personalized skincare and haircare solutions are delivered via AI-powered app. | |
| clinikally.com | 2021 | Gurugram, India | $3.1M | 49 | Dermatology teleconsultations and medicine deliveries are provided online. | |
| nonucare.com | 2019 | Hyderabad, India | $150,000 | A wellness brand offering herbal hair loss prevention kits and solutions |
Detailed competitors of Remedico
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Digital Health & Telemedicine
3 companies that operate in the same segment as Remedico (Digital Health & Telemedicine) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of an online pharmacy with doctor listing and teleconsultation services | 2015 | Delhi, Delhi, India | USD 199.65 M | USD 328.97 M | 5,212 | |
Online platform offering multiple healthcare services | 2013 | Bengaluru, Karnataka, India | USD 199.22 M | USD 62.4 M | 52 | |
An online marketplace for healthcare products is operated. | 2011 | Kolkata, West Bengal, India | USD 38.26 M |
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Related news about Remedico
Complete news archive for Remedico
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Frequently Asked Questions about Remedico
Remedico was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Remedico is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Remedico is a funded company, having raised a total of $1.14M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $97.09K, raised on Mar 2018.
The primary company behind Remedico, Blackburn Technologies Private Limited, reported revenue of ₹71.5 Lakh for FY 2022, down 25% year on year.
Remedico was founded in 2016 in Mumbai, India, as a telemedicine provider focused on skin and hair conditions. A mobile app is utilized for user consultations with registered specialists, where photos and details are uploaded to receive personalized treatment plans and prescriptions. Daily reminders and follow-up monitoring are included for issues such as acne, eczema, psoriasis, and dandruff. Operations center on accessible digital healthcare in the dermatology sector.
Remedico's top competitors include Cureskin, Clinikally and Nonu Care.
Remedico offers Email Subscription Service.
Remedico has 95 investors. Key investors include Venture Catalysts, LetsVenture, Parkview Health, KN Group, and Samyakth Capital.
The valuation of Remedico is $2.67M as of Oct 2020.
Remedico operates through Blackburn Technologies Private Limited.
The legal entities of Remedico currently have 2 directors, including Ranjit Harish Bhatia, Sailesh Kumar Goel.