UCare

Mumbai, India Founded: 2018 • Age: 8 yrs Acquired By Thriwe
An online platform for employee healthcare management is provided.
Annual revenue $263,575 Latest available
Total funding $465,216 2 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About UCare

UCare is a company based in Mumbai (India) founded in 2018 was acquired by Thriwe in May 2023. UCare has raised $465.22 thousand across 2 funding rounds from investors including Thriwe, YouFirst and Alder Capital. UCare offers products and services including ThriweCare App, 24x7 Ambulance, Dial a Doctor, UCare@Home, and Corporate Wellness. UCare operates in a competitive market with competitors including Hinge Health, MediBuddy, Practo, Cerner and Visit Health, among others.

  • Headquarter Mumbai, India
  • Stage Minicorn
  • Sectors
    Technology
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Transasia Ventures Private Limited
  • Date of Incorporation 13 Aug, 2012
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $263.58 K (USD)
    -19.64
    as on Mar 31, 2023
  • Net Profit
    -$114.08 K (USD)
    51.65
    as on Mar 31, 2023
  • EBITDA
    -$267.87 K (USD)
    -35.41
    as on Mar 31, 2023
  • Total Equity Funding
    $465.22 K (USD)

    in 2 rounds

  • Latest Funding Round
    $399.47 K (USD), Seed

    Oct 11, 2021

  • Investors
    Thriwe

    & 8 more

  • Employee Count
    Not available
  • Acquired by
    Thriwe

    (May 03, 2023)

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Products & Services of UCare

UCare offers a comprehensive portfolio of products and services, including ThriweCare App, 24x7 Ambulance, Dial a Doctor, UCare@Home, and Corporate Wellness.

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Primary

App for accessing health and emergency services anytime.

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Provides instant ambulance response and on-ground assistance.

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Enables 24x7 doctor consultations from anywhere globally.

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Offers solutions for home-based health monitoring and care.

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Delivers programs to enhance employee health and productivity.

Funding Insights of UCare

UCare has successfully raised a total of $465.22K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $399.47 thousand completed in October 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.

Investors in UCare

UCare has secured backing from 9 investors, including institutional and angel investors. Prominent investors backing the company include Thriwe, YouFirst and Alder Capital.

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Institutional
Angel
Investor Description Founded Year Domain Location
Investment management firm serving high-net-worth individuals and families in India.
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Praveen Agarwal

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Investor details for UCare

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Investments & Acquisitions by UCare

Investments
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Investment portfolio details for UCare

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Financial Statements - UCare

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Detailed financials for UCare

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  • Profit trends
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Ucare Comparisons

UCare Primary company
Description
An online platform for employee healthcare management is pro...
Location
Mumbai, India
Founded Year
2018
Annual Revenue
$263.58 K (USD)
Net Profit
-$114.08 K (USD)
EBITDA
-$267.87 K (USD)
Employees
Not available
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Peer comparison for UCare

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Competitors of UCare

UCare 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 Hinge Health, MediBuddy, Practo, Cerner and Visit Health, among others.

Company Name Domain Founded year HQ Location Description
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Virtual physical therapy and digital pain care solutions are provided.
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Online platform offering multiple healthcare services
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Doctor appointments are booked and healthcare professionals are consulted online.
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Online platform for employee health benefits
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Operator of a platform providing wellness and outpatient healthcare benefit solutions
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Employee wellness is managed via a digital health benefits platform.
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Detailed competitors of UCare

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Latest news on Ucare

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Complete news archive for UCare

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Frequently Asked Questions about UCare

UCare was founded in 2018 and raised its 1st funding round 2 years after it was founded.

UCare is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

UCare is a funded company, having raised a total of $465.22K across 2 funding rounds to date.

Annual revenue of UCare is $263.58K as on Mar 31, 2023.

UCare was founded in 2018 in Mumbai, India, as a healthcare technology company. The platform is designed for employee health management, integrating with devices like Fitbit, ECG machines, and body vitals monitors to store data in a health vault. Services such as diagnostic test bookings, doctor appointments, ambulance access, personal emergency responses, and safety features are facilitated. Operations extend to elderly care, patient support, and corporate wellness programs.

UCare's top competitors include MediBuddy, Hinge Health and ekincare.

UCare offers ThriweCare App, 24x7 Ambulance, Dial a Doctor, UCare@Home, and Corporate Wellness.

UCare has 9 investors. Key investors include Thriwe, YouFirst, Alder Capital, Securedebtllp, and Praveen Agarwal.

The valuation of UCare is $10.08M as of Oct 2021.

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