About wellOwise
wellOwise is a Healthcare company based in Delhi (India) founded in 2018. Provider of precision health plans for users and app for making precision diagnosis. Its Indian entity Shasmith Technologies Private Limited reported revenue of ₹25.7 Lakh. Its focus areas include HealthTech, Healthcare IT, Value Based Care and Patient Engagement. Its competitors include HealthifyMe, FITTR and Wellthy Therapeutics; 3 of its 3 listed competitors have raised funding.
Company details
wellOwise is a provider of precision health plans for users. It provides solutions for preventing lifestyle diseases and delivering a precision diagnosis. It uses multi-dimensional data and AI to draw scientific insights and give personalized recommendations that help people live longer and better. The company provides 2 types of programs. Rewise basic program includes genetic lifestyle testing, actionable insights, personalized dietary, and supplement recommendations. Rewise advanced program includes all features of the basic program and preventive clinical consultation for familial or high-risk diseases. It also provides an online health risk assessment platform where users can collect dimensional data such as genetic, blood, habit, diet, and others. It offers a health coaching platform where users can get information regarding their behavioral health.
- Headquarters Delhi, India
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website wellowise.com
- Social LinkedIn X Facebook
- Legal Name Shasmith Technologies Private Limited
- Date of Incorporation 26 May, 2016
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹25.7 Lakh
FY 2022 · +123% YoY
- Net Profit₹7,841
FY 2022 · 0% margin
- EBITDA-₹9,829
FY 2022 · 0% margin
- Investors
Associated legal entities of wellOwise
wellOwise operates through Shasmith Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shasmith Technologies Private Limited CIN U74999DL2016PTC300421 | Active | 26 May 2016 | New Delhi, Delhi | ₹0.3 Cr | 2 | View details |
Funding Insights of wellOwise
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of wellOwise with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2020 | Seed | – | IIITD Innovation & Incubation Center | – |
1 investors in total: 1 institutional.
Investors in wellOwise
wellOwise has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include IIITD Innovation & Incubation Center.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sector-agnostic incubation services are offered to startups in diverse fields. | iiitdic.in | Delhi, India |
Investor details for wellOwise
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Shasmith Technologies Private Limited (wellOwise)
Shasmith Technologies Private Limited is the primary company behind wellOwise. The board of Shasmith Technologies Private Limited currently have 2 directors; the longest-serving is Sanjeeva Kumar Gupta, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjeeva Kumar Gupta DIN 07518722 | Director | 26 May 2016 | 10 yrs 5 mo | Shasmith Technologies Private Limited |
| Manish Kumar DIN 07518744 | Director | 26 May 2016 | 10 yrs 5 mo | Shasmith Technologies Private Limited |
Financials of wellOwise
Figures of Shasmith Technologies Private Limited, the primary company behind wellOwise, for FY 2022. Revenue was ₹25.7 Lakh (+123% year on year). Net profit was ₹7,841 (0% margin). EBITDA was -₹9,829 (0% margin).
- ₹25.7 LakhRevenue · FY 2022 · +123% YoY
- ₹7,841Net profit · 0% margin
- -₹9,829EBITDA · 0% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Shasmith Technologies Private Limited are on its company page.
Detailed financial statements for wellOwise
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of wellOwise
2 dated milestones of wellOwise across 2 years, from founding to its latest funding, stage changes and deals.
- Founded wellOwise is founded.
- Funding First funding round.
Competitors of wellOwise
wellOwise has 3 listed competitors in our database, 3 of them funded. They include HealthifyMe, FITTR and Wellthy Therapeutics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| healthifyme.com | 2012 | Bengaluru, India | $145.25M | AI-powered personalized nutrition and fitness coaching is provided. | ||
| fittr.com | 2016 | Pune, India | $19.87M | 136 | Personalized online fitness and nutrition coaching is provided. | |
| wellthytherapeutics.com | 2015 | Mumbai, India | $8.91M | 25 | Health monitoring app is provided for chronic patients and providers. |
Detailed competitors of wellOwise
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about wellOwise
wellOwise was founded in 2018 and raised its 1st funding round 2 years after it was founded.
wellOwise is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind wellOwise, Shasmith Technologies Private Limited, reported revenue of ₹25.7 Lakh for FY 2022, up 123% year on year.
wellOwise is a provider of precision health plans for users. It provides solutions for preventing lifestyle diseases and delivering a precision diagnosis. It uses multi-dimensional data and AI to draw scientific insights and give personalized recommendations that help people live longer and better. The company provides 2 types of programs. Rewise basic program includes genetic lifestyle testing, actionable insights, personalized dietary, and supplement recommendations. Rewise advanced program includes all features of the basic program and preventive clinical consultation for familial or high-risk diseases. It also provides an online health risk assessment platform where users can collect dimensional data such as genetic, blood, habit, diet, and others. It offers a health coaching platform where users can get information regarding their behavioral health.
wellOwise's top competitors include HealthifyMe, FITTR and Wellthy Therapeutics.
wellOwise has 1 investor. Key investors include IIITD Innovation & Incubation Center.
wellOwise operates through Shasmith Technologies Private Limited.
The legal entities of wellOwise currently have 2 directors, including Sanjeeva Kumar Gupta, Manish Kumar.