About Wellversed
Wellversed is a company based in Gurugram (India) founded in 2018 by Ripunjay Chachan, Aditya Seth, and Aanan Khurma. Wellversed has raised $1.84 million across 5 funding rounds from investors including Angel List, Klub and Wellfound. The company has 108 employees as of March 31, 2024. Wellversed operates in a competitive market with competitors including Swiggy, Bigbasket, Blinkit, Dunzo and Otipy, among others.
- Headquarter Gurugram, India
- Employees 108 as on 31 Mar, 2024
- Founders Ripunjay Chachan, Aditya Seth, Aanan Khurma
- Stage Minicorn
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Sectors
Retail
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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 Wellversed Health Private Limited
- Date of Incorporation 10 Aug, 2017
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$4.11 M (USD)179.45as on Mar 31, 2023
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Net Profit
-$985.96 K (USD)-60.27as on Mar 31, 2023
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EBITDA
-$1.38 M (USD)-118.63as on Mar 31, 2023
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Total Equity Funding
$1.84 M (USD)
in 5 rounds
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Latest Funding Round
$1.49 M (USD), Seed
Sep 22, 2021
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Investors
Angel List
& 35 more
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Employee Count
108
as on Mar 31, 2024
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People of Wellversed
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Funding Insights of Wellversed
Wellversed has successfully raised a total of $1.84M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $1.49 million completed in September 2021. 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 Wellversed
Wellversed has secured backing from 36 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Angel List, Klub and Wellfound.
| Investor | Description | Founded Year | Domain | Location |
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Early stage venture capital investments are provided by Huddle Ventures.
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Operator of restaurant franchise
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Full-service corporate advisory firm
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Investor details for Wellversed
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Investments & Acquisitions by Wellversed
Investment portfolio details for Wellversed
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Financial Statements - Wellversed
Detailed financials for Wellversed
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Wellversed Comparisons
Peer comparison for Wellversed
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Competitors of Wellversed
Wellversed 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 Swiggy, Bigbasket, Blinkit, Dunzo and Otipy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Food and grocery items are ordered via an online network.
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Personal and household products are delivered via an e-commerce platform.
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Instant delivery of groceries and essentials is facilitated online.
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Grocery products are provided via an online digital storefront.
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Provider of online platform offering grocery, household items, cakes, and flowers
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Detailed competitors of Wellversed
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Latest news on Wellversed
Complete news archive for Wellversed
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Frequently Asked Questions about Wellversed
Wellversed was founded in 2018.
Wellversed is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Aanan Khurma is the current CEO of Wellversed. They have also founded this company.
Wellversed is a funded company, having raised a total of $1.84M across 5 funding rounds to date.
As of Mar 31, 2024, the latest employee count at Wellversed is 108.
Annual revenue of Wellversed is $4.11M as on Mar 31, 2023.
Wellversed was established in 2018 in Gurugram, India, as an online retailer in the nutritional products sector. A diverse catalog is maintained, encompassing proteins, creatine, omega-3 fish oil, ayurvedic items, pre- and post-workout supplements, and sugar substitutes. Operations focus on e-commerce delivery across India, with leadership provided by co-founders including Aanan Khurma as CEO.
Wellversed has 36 investors. Key investors include Angel List, Klub, Wellfound, Jubilant FoodWorks, and Sarcha Advisors.
The valuation of Wellversed is $4.85M as of Sep 2021.