About Upakarma
Upakarma is a company based in Delhi (India) founded in 2017 by Parag Kaushik and Vishal Kaushik was acquired by Mankind Pharma in November 2022. Upakarma has raised $55.82 thousand across 2 funding rounds from investors including Mankind Pharma and Nutraveda. The company has 4 employees as of April 08, 2024. Upakarma offers products and services including Shilajit Resin, Ashwagandha Capsules, Shilajit with Safed Musli, and Ashwagandha Effervescent. Upakarma operates in a competitive market with competitors including Kapiva, Setu, BBetter, Patanjali Ayurved and Nutrova, among others.
- Headquarter Delhi, India
- Employees 4 as on 08 Apr, 2024
- Founders Parag Kaushik, Vishal Kaushik
- 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 Upakarma Ayurveda Private Limited
- Date of Incorporation 28 Nov, 2017
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$2.07 M (USD)63.23as on Mar 31, 2022
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Net Profit
-$329.47 K (USD)-263.12as on Mar 31, 2022
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EBITDA
-$211.52 K (USD)-519.56as on Mar 31, 2022
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Total Equity Funding
$55.82 K (USD)
in 2 rounds
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Latest Funding Round
$20.15 K (USD), Seed
Jan 21, 2022
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Investors
Mankind Pharma
& 1 more
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Employee Count
4
as on Apr 08, 2024
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Acquired by
Mankind Pharma
(Nov 28, 2022)
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Products & Services of Upakarma
Upakarma offers a comprehensive portfolio of products and services, including Shilajit Resin, Ashwagandha Capsules, Shilajit with Safed Musli, and Ashwagandha Effervescent.
Boosts stamina and strength with herbal extracts for daily health.
Helps relieve stress and enhance immunity through natural ingredients.
Supports physical performance and power for men's health needs.
Provides immunity boost and anxiety relief in effervescent form.
People of Upakarma
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Funding Insights of Upakarma
Upakarma has successfully raised a total of $55.82K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $20.15 thousand completed in January 2022. 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 Upakarma
Upakarma has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Mankind Pharma and Nutraveda.
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Manufacturer of herbal medicines
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Pharmaceutical company engaged in developing, manufacturing, and marketing a diverse range of pharmaceutical formulations
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Investor details for Upakarma
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Investments & Acquisitions by Upakarma
Investment portfolio details for Upakarma
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Financial Statements - Upakarma
Detailed financials for Upakarma
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Upakarma Comparisons
Peer comparison for Upakarma
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Competitors of Upakarma
Upakarma 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 Kapiva, Setu, BBetter, Patanjali Ayurved and Nutrova, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Ayurvedic healthcare and nutritional products are provided by Kapiva.
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Dietary supplements with herbal extracts and vitamins are provided.
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Nutritional supplements are provided to enhance health and wellness.
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Ayurvedic medicines and nutraceuticals are offered via an online platform.
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Dietary supplements are provided for wellness and muscle support.
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Gut health-tech company developing ayurvedic healthcare solutions
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Detailed competitors of Upakarma
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Latest news on Upakarma
Complete news archive for Upakarma
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Frequently Asked Questions about Upakarma
Upakarma was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Upakarma is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Upakarma is a funded company, having raised a total of $55.82K across 2 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Upakarma is 4.
Annual revenue of Upakarma is $2.07M as on Mar 31, 2022.
Upakarma Ayurveda was founded in 2017 in Delhi, India, as a direct-to-consumer brand in the wellness sector. Products based on ancient Indian formulations are sourced from high-quality ingredients for areas including mens and womens health, mental wellness, skincare, immunity, and disease management. Operations focus on internet-based sales, with emphasis on authentic Ayurvedic experiences delivered to customers seeking balanced lifestyles.
Upakarma's top competitors include Kapiva, Patanjali Ayurved and Setu.
Upakarma offers Shilajit Resin, Ashwagandha Capsules, Shilajit with Safed Musli, and Ashwagandha Effervescent.
Upakarma has 2 investors. Key investors include Mankind Pharma, and Nutraveda.
The valuation of Upakarma is $5.28M as of Jan 2022.