About WelcomeCure
WelcomeCure is a company based in Mumbai (India) founded in 2014 by Nidhi Shah, Jawahar Jitendra Shah, and Punit Desai.. WelcomeCure has raised $11.66 million across 4 funding rounds from investors including IP Ventures, Riteish Deshmukh and Genelia Deshmukh. WelcomeCure operates in a competitive market with competitors including Jiva Ayurveda, Natcue Healthcare Services, Cureya, CareAyu and AlternaCare, among others.
- Headquarter Mumbai, India
- Founders Nidhi Shah, Jawahar Jitendra Shah, Punit Desai
- Stage Minicorn
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.66 M (USD)
in 4 rounds
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Latest Funding Round
$500 K (USD), Seed
Oct 19, 2023
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Investors
IP Ventures
& 4 more
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Employee Count
Employee Count
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Funding Insights of WelcomeCure
WelcomeCure has successfully raised a total of $11.66M across 4 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 Total Funding
- Total Rounds 4
- Last Round Seed — $500,000
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First Round
First Round
(07 Oct 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Seed - WelcomeCure | Valuation | Inflection Point Ventures |
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| Feb, 2018 | Amount | Angel Round - WelcomeCure | Valuation | Lal Chandra Singh | |
| Apr, 2017 | Amount | Seed - WelcomeCure | Valuation | Brand Capital |
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| 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 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. 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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Investments are made in early-stage tech startups across sectors.
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Founded Year | Domain | Location | |
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Investments in early-stage startups are made by Brand Capital.
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Founded Year | Domain | Location | |
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RD
Riteish Deshmukh |
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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 WelcomeCure
| 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 - WelcomeCure
| 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 |
Welcomecure Comparisons
Competitors of WelcomeCure
WelcomeCure 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 Jiva Ayurveda, Natcue Healthcare Services, Cureya, CareAyu and AlternaCare, 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 |
Offers Ayurvedic treatments, consultations, and products for various diseases and wellness.
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| domain | founded_year | HQ Location |
Holistic healthcare access is enabled via an online platform.
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| domain | founded_year | HQ Location |
Provides content writing, publishing, and marketing services for medical and healthcare sectors.
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| domain | founded_year | HQ Location |
Online Ayurveda consultation services
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| domain | founded_year | HQ Location |
Functions as an online platform for video health consultations.
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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 Welcomecure
Frequently Asked Questions about WelcomeCure
When was WelcomeCure founded?
WelcomeCure was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is WelcomeCure located?
WelcomeCure is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of WelcomeCure?
Punit Desai is the current CEO of WelcomeCure. They have also founded this company.
Is WelcomeCure a funded company?
WelcomeCure is a funded company, having raised a total of $11.66M across 4 funding rounds to date. The company's 1st funding round was a Seed of $5.01M, raised on Oct 07, 2015.
What does WelcomeCure do?
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.
Who are the top competitors of WelcomeCure?
WelcomeCure's top competitors include Jiva Ayurveda, Natcue Healthcare Services and CareAyu.
Who are WelcomeCure's investors?
WelcomeCure has 5 investors. Key investors include IP Ventures, Riteish Deshmukh, Genelia Deshmukh, Lal Chandra Singh, and Brand Capital.
What is WelcomeCure's valuation?
The valuation of WelcomeCure is $1.89M as of Feb 2018.