About The Renal Project
The Renal Project is a company based in Mumbai (India) founded in 2019 by Shashank Modhia.. The Renal Project has raised $1.32 million across 5 funding rounds from investors including Thapar Vision, JITO Incubation & Innovation Foundation and 100X.VC. The company has 26 employees as of March 31, 2024. The Renal Project offers products and services including In-Center Hemodialysis, Home Hemodialysis, and Ad-Hoc Emergency Dialysis. The Renal Project operates in a competitive market with competitors including NephroPlus, DCDC, Apex Kidney Care, VitusCare and Sparsh Nephrocare, among others.
- Headquarter Mumbai, India
- Employees 26 as on 31 Mar, 2024
- Founders Shashank Modhia
- 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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- Legal Name Renalprojectco Private Limited
- Date of Incorporation 19 Sep, 2019
- Jurisdiction Behind Nanavati Hospital, Maharashtra, India
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Annual Revenue
$518.28 K (USD)57.33as on Mar 31, 2023
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Net Profit
$-126.16 K (USD)-229.71as on Mar 31, 2023
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EBITDA
$-115.84 K (USD)-105.78as on Mar 31, 2023
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Total Equity Funding
$1.32 M (USD)
in 5 rounds
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Latest Funding Round
$370.28 K (USD), Seed
Jul 13, 2023
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Investors
Thapar Vision
& 34 more
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Employee Count
26
as on Mar 31, 2024
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Products & Services of The Renal Project
The Renal Project offers a comprehensive portfolio of products and services, including In-Center Hemodialysis, Home Hemodialysis, and Ad-Hoc Emergency Dialysis. 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.
Treatment for kidney failure at dedicated centers
Dialysis performed in patients' homes with trained support
On-demand dialysis for urgent renal needs
Funding Insights of The Renal Project
The Renal Project has successfully raised a total of $1.32M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $370.28 thousand completed in July 2023. 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 5
- Last Round Seed — $370,277
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First Round
First Round
(18 Nov 2019)
- Investors Count 35
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Seed - The Renal Project | Valuation | JITO Incubation & Innovation Foundation , Thapar Vision | |
| Nov, 2022 | Amount | Angel Round - The Renal Project | Valuation | Deepak Nandikanti , Bhavisha Divyesh Viroja |
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| Jan, 2022 | Amount | Seed - The Renal Project | Valuation | Namita Thapar , Aman Gupta |
| 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 The Renal Project
The Renal Project has secured backing from 35 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Thapar Vision, JITO Incubation & Innovation Foundation and 100X.VC. 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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Multiple sectors are incubated by the foundation in Mumbai, India.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by 100X.VC venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage investment fund providing seed funding and mentorship to Indian 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
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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 The Renal Project
| 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 - The Renal Project
| 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 |
The Renal Project Comparisons
Competitors of The Renal Project
The Renal Project 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 NephroPlus, DCDC, Apex Kidney Care, VitusCare and Sparsh Nephrocare, 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 |
Dialysis services and technician training are provided for kidney care.
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| domain | founded_year | HQ Location |
Chain of dialysis and kidney clinics
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| domain | founded_year | HQ Location |
Chain of dialysis clinics
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| domain | founded_year | HQ Location |
Chain of dialysis clinics
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| domain | founded_year | HQ Location |
Chain of dialysis clinics
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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 The Renal Project
Frequently Asked Questions about The Renal Project
When was The Renal Project founded?
The Renal Project was founded in 2019.
Where is The Renal Project located?
The Renal Project is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of The Renal Project?
Shashank Modhia is the current CEO of The Renal Project. They have also founded this company.
Is The Renal Project a funded company?
The Renal Project is a funded company, having raised a total of $1.32M across 5 funding rounds to date. The company's 1st funding round was a Seed of $411.07K, raised on Nov 18, 2019.
How many employees does The Renal Project have?
As of Mar 31, 2024, the latest employee count at The Renal Project is 26.
What is the annual revenue of The Renal Project?
Annual revenue of The Renal Project is $518.28K as on Mar 31, 2023.
What does The Renal Project do?
The Renal Project was established in 2019 in Mumbai, India, within the healthcare sector. A network of dialysis micro-centres is managed to support kidney care and hospital management services. Dialysis therapy is delivered through these facilities, with operations centered on clinical accessibility in urban and regional areas. The focus remains on standard medical protocols for renal patients.
Who are the top competitors of The Renal Project?
The Renal Project's top competitors include DCDC, Apex Kidney Care and NephroPlus.
What products or services does The Renal Project offer?
The Renal Project offers In-Center Hemodialysis, Home Hemodialysis, and Ad-Hoc Emergency Dialysis.
Who are The Renal Project's investors?
The Renal Project has 35 investors. Key investors include Thapar Vision, JITO Incubation & Innovation Foundation, 100X.VC, Gopi Latpate, and Bbigplas Poly.
What is The Renal Project's valuation?
The valuation of The Renal Project is $7.26M as of Jul 2023.