About Welcare health Systems
Welcare health Systems is a company based in Chennai (India) founded in 2013.. Welcare health Systems has raised $121.53 thousand across 1 funding round from investors including Capria, Tv Mohan Das Pai and Tamilarasan Senthil. Welcare health Systems operates in a competitive market with competitors including EyecareLive, TeleMedC, remotEMDR, Remote Optometry and Amblyopia Home, among others.
- Headquarter Chennai, India
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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 Welcare Health Systems Private Limited
- Date of Incorporation 27 Nov, 2008
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$84.69 K (USD)4.61as on Mar 31, 2022
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Net Profit
$-70.77 K (USD)-77.92as on Mar 31, 2022
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EBITDA
$-39.65 K (USD)-248.7as on Mar 31, 2022
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Total Equity Funding
$121.53 K (USD)
in 1 rounds
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Latest Funding Round
$121.53 K (USD), Seed
Dec 18, 2013
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Investors
Capria
& 2 more
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Employee Count
Employee Count
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Funding Insights of Welcare health Systems
Welcare health Systems has successfully raised a total of $121.53K through 1 strategic funding round. The most recent funding activity was a Seed round of $121.53 thousand completed in December 2013. 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 1
- Last Round Seed — $121,528
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First Round
First Round
(18 Dec 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2013 | Amount | Seed - Welcare health Systems | Valuation | Capria |
| 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 Welcare health Systems
Welcare health Systems has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Capria, Tv Mohan Das Pai and Tamilarasan Senthil. 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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Venture capital firm investing in applied generative AI
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Founded Year | Domain | Location | |
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TM
Tv Mohan Das Pai |
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Founded Year | Domain | Location |
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TS
Tamilarasan Senthil |
Angel investor and entrepreneur, focused on tech startups in India.
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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 Welcare health Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 - Welcare health Systems
| 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 |
Welcare Health Systems Comparisons
Competitors of Welcare health Systems
Welcare health Systems 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 EyecareLive, TeleMedC, remotEMDR, Remote Optometry and Amblyopia Home, 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 |
Provides virtual eye exams, prescription renewals, and consultations for patients.
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| domain | founded_year | HQ Location |
Provider of AI-based retinal imaging & diagnosis devices and software for healthcare professionals
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| domain | founded_year | HQ Location |
Online platform for EMDR therapy via video chat and synchronization tools.
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| domain | founded_year | HQ Location |
Telemedicine platform for remote eye exams and consultations.
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| domain | founded_year | HQ Location |
Online platform offering telemedicine services for amblyopia treatment.
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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 Welcare health Systems
When was Welcare health Systems founded?
Welcare health Systems was founded in 2013.
Where is Welcare health Systems located?
Welcare health Systems is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Is Welcare health Systems a funded company?
Welcare health Systems is a funded company, having raised a total of $121.53K across 1 funding round to date. The company's 1st funding round was a Seed of $121.53K, raised on Dec 18, 2013.
What is the annual revenue of Welcare health Systems?
Annual revenue of Welcare health Systems is $84.69K as on Mar 31, 2022.
What does Welcare health Systems do?
Welcare Health Systems was founded in 2013 in Chennai, India, within the healthcare sector focused on telemedicine. Low-cost eye screening solutions are delivered through setups in existing facilities such as diabetes centers, general hospitals, and pediatric clinics. Retinal images and patient data are shared with ophthalmologists for high-risk diagnoses. Comprehensive eye examinations and diabetic retinopathy screenings are performed using connected devices.
Who are the top competitors of Welcare health Systems?
Welcare health Systems's top competitors include TeleMedC, EyecareLive and remotEMDR.
Who are Welcare health Systems's investors?
Welcare health Systems has 3 investors. Key investors include Capria, Tv Mohan Das Pai, and Tamilarasan Senthil.
What is Welcare health Systems's valuation?
The valuation of Welcare health Systems is $327.68K as of Dec 2013.