WelcomeCure

Mumbai, India Founded: 2014 • Age: 12 yrs Minicorn
Teleconsultations with homeopathic doctors are facilitated through an online platform.

About WelcomeCure

WelcomeCure is a Healthcare company based in Mumbai (India) founded in 2014 by Nidhi Shah, Jawahar Jitendra Shah, and Punit Desai. Teleconsultations with homeopathic doctors are facilitated through an online platform. WelcomeCure has raised $13.07 million across 6 funding rounds from investors including IP Ventures, Riteish Deshmukh and Genelia Deshmukh. WelcomeCure was last valued at $1.89 million in February 2018. Its chief executive, as recorded, is Punit Desai. Its website welcomecure.com draws about 21 thousand monthly visits. Its focus areas include HealthTech, Healthcare Booking Platforms, Doctors and Telemedicine. Its competitors include Jiva Ayurveda, Natcue Healthcare Services and Cureya.

Company details

WelcomeCure was founded in 2014 in Mumbai, India, as an online platform in the homeopathy sector. Teleconsultations with doctors are offered, allowing patients to submit queries, case histories, and conduct sessions via chat or Skype. Medicines are delivered within 5-7 days post-consultation. Corporate wellness services are also provided to employers. Operations focus on accessible healthcare solutions in the digital space.

  • Headquarters Mumbai, India
  • Founders Nidhi Shah, Jawahar Jitendra Shah, Punit Desai
  • Stage Minicorn
  • Sectors
    Healthcare
  • Website category Health · Alternative and Natural Medicine
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website welcomecure.com
  • Social LinkedIn X Facebook Instagram YouTube
Key Metrics
  • Total Equity Funding
    $13.07M (USD)

    in 6 rounds

  • Latest Funding Round
    $500K (USD), Seed

    Oct 2023

  • Investors

Apps and channels of WelcomeCure

WelcomeCure publishes 1 mobile app with over 1K+ downloads; its YouTube channel Welcome Cure has 14.3K subscribers and 30 videos.

WelcomeCure Homeopathy Health
Google Play Health & Fitness Everyone Free 1K+ downloads
Developer: Welcome Cure Pvt. Ltd.
View on Google Play
Welcome Cure
YouTube 14.3K subscribers 30 videos Science & Technology
Open channel

Videos from WelcomeCure

The most watched videos on WelcomeCure's YouTube channel, Welcome Cure (14.3K subscribers). Click a video to play it here.

Government of India felicitates Welcome Cure Homeopathy for treating 1 lac+ patients in Rural India
1.5K views
Corona Virus Preventive Measures | #Corona #PreventionTip #Coronavirus #COVID-19
564 views
Patient Testimonial Case of COVID 19 | Dr Jawahar Shah | Welcome Cure | #Homeopathy #Immunityboost
490 views
Dr Vyoma Dalal Testimonial | Homeopathy | Immunity Boosting | Welcome Cure | #Covid19 #Coronavirus
477 views

More on Welcome Cure.

Funding Insights of WelcomeCure

WelcomeCure has successfully raised a total of $13.07M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in October 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 $13.07M
  • Total Rounds 6
  • Last Round Seed β€” $500,000
  • First Round $6M

    (Oct 2015)

  • Investors Count 5

All 6 funding rounds of WelcomeCure with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2023$500,000Seed–Inflection Point Ventures
–
Feb 2023$400,665Seed––
–
Feb 2023$1MSeed––
–
Feb 2018$155,436Angel Round$1.89MLal Chandra Singh
Apr 2017$5.01MSeed–Brand Capital
–
Oct 2015$6MSeed––
–
Valuation history
DateValuationStage
Feb 2018$1.89Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.89M (Feb 2018). 5 investors in total: 2 institutional and 3 angel.

Investors in WelcomeCure

WelcomeCure has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include IP Ventures, Riteish Deshmukh and Genelia Deshmukh.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Investments are made in early-stage tech startups across sectors.
ipventures.inGurugram, India
Investments in early-stage startups are made by Brand Capital.
brandcapital.co.inMumbai, India

Riteish Deshmukh

unknown_6cc37219f0714ecca

Genelia Deshmukh

unknown_d22df38dfa5e40e98

Lal Chandra Singh

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Investor details for WelcomeCure

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Board of directors of WelcomeCure

The boards of the 2 registered companies of WelcomeCure currently have 2 directors; the longest-serving is Punit Mahesh Desai, appointed in 2015. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Punit Mahesh Desai
DIN 02483945
Director01 Sep 201511 yrs 2 moWelcome Cure Private Limited, Welcome Cure Healthtech Private Limited
Nidhi Punit Desai
DIN 02921721
Director19 Nov 20178 yrs 11 moWelcome Cure Private Limited, Welcome Cure Healthtech Private Limited

People of WelcomeCure

7 people are tracked at WelcomeCure (5 in leadership, 2 in board & advisors).

NameRoleGroup
Nidhi Shah
Co-Founder & COOLeadership
Co-Founder & ChairmanLeadership
Co-Founder & CEOLeadership
Mohan Umrotkar
Chief Growth OfficerLeadership
Chaitanya Choudhry
Vice President Corporate Wellness SolutionsLeadership
Jawahar J. Shah
Founder & ChairmanBoard & advisors
Co-FounderBoard & advisors
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Complete people profiles for WelcomeCure

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Financials of WelcomeCure

Figures of Welcome Cure Private Limited, the primary company behind WelcomeCure, for FY 2024. Revenue was ₹2.01 Cr (-15% year on year). Net loss was -₹1.59 Cr (-79% margin). EBITDA was -₹83.5 Lakh (-42% margin). Revenue has grown at a compounded annual rate of -27% over three years and -8% over five years.

  • ₹2.01 CrRevenue · FY 2024 · -15% YoY
  • -₹1.59 CrNet loss · -79% margin
  • -₹83.5 LakhEBITDA · -42% margin
  • ₹1.10 CrPaid-up capital
  • 1Employees (provident fund records)
  • -27%Revenue CAGR, 3 years
  • -8%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Welcome Cure Private Limited are on its company page.

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Detailed financial statements for WelcomeCure

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of WelcomeCure

4 dated milestones of WelcomeCure across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded WelcomeCure is founded.
  2. Funding First funding round of $6.0M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $500K.

Competitors of WelcomeCure

WelcomeCure has 3 listed competitors in our database. They include Jiva Ayurveda, Natcue Healthcare Services and Cureya.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
jiva.com1992Faridabad, India570
Offers Ayurvedic treatments, consultations, and products for various diseases and wellness.
natcue.com2015Chennai, India
Holistic healthcare access is enabled via an online platform.
cureya.in2019Noida, India
Provides content writing, publishing, and marketing services for medical and healthcare sectors.
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Detailed competitors of WelcomeCure

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Verified entity values are shown only after access is granted.

Web traffic of WelcomeCure

The website of WelcomeCure (welcomecure.com) receives about 21.2K visits a month and ranks #777,711 among all websites worldwide, #761 in Alternative and Natural Medicine.

  • Monthly visits
    21.2K

    ▼ 44.7% vs previous month

  • Unique visitors
    19.2K

    per month

  • Global rank
    #777,711

    among all websites

  • Category rank
    #761

    Health · Alternative and Natural Medicine

Similar websites

Websites whose visitors overlap most with WelcomeCure. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
plankhomeopathy.com
100%
#1,338,264View details

Top companies in Digital Health & Telemedicine

3 companies that operate in the same segment as WelcomeCure (Digital Health & Telemedicine) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of an online pharmacy with doctor listing and teleconsultation services
2015Delhi, Delhi, IndiaUSD 199.65 MUSD 328.97 M5,212
Online platform offering multiple healthcare services
2013Bengaluru, Karnataka, IndiaUSD 199.22 MUSD 89.83 M4,231
An online marketplace for healthcare products is operated.
2011Kolkata, West Bengal, IndiaUSD 38.26 M
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Related news about Welcomecure

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Complete news archive for WelcomeCure

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Verified entity values are shown only after access is granted.

Frequently Asked Questions about WelcomeCure

WelcomeCure was founded in 2014 and raised its 1st funding round 1 year after it was founded.

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

Punit Desai is the CEO of WelcomeCure, as recorded in our data. They have also founded this company.

WelcomeCure is a funded company, having raised a total of $13.07M across 6 funding rounds to date. The company's 1st funding round was a Seed of $6M, raised on Oct 2015.

WelcomeCure was founded in 2014 in Mumbai, India, as an online platform in the homeopathy sector. Teleconsultations with doctors are offered, allowing patients to submit queries, case histories, and conduct sessions via chat or Skype. Medicines are delivered within 5-7 days post-consultation. Corporate wellness services are also provided to employers. Operations focus on accessible healthcare solutions in the digital space.

WelcomeCure's top competitors include Jiva Ayurveda, Natcue Healthcare Services and Cureya.

WelcomeCure has 5 investors. Key investors include IP Ventures, Riteish Deshmukh, Genelia Deshmukh, Lal Chandra Singh, and Brand Capital.

The valuation of WelcomeCure is $1.89M as of Feb 2018.

WelcomeCure is associated with 2 legal entities: Welcome Cure Private Limited, Welcome Cure Healthtech Private Limited.

The legal entities of WelcomeCure currently have 2 directors, including Nidhi Punit Desai, Punit Mahesh Desai.

Yes. WelcomeCure publishes WelcomeCure Homeopathy Health, with over 1,000 downloads.

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