Welnext

Bengaluru, India Founded: 2017 • Age: 9 yrs
Healthcare services are searched and purchased via an online marketplace.
Annual revenue $5.5M Latest available
Total funding $70,307 1 rounds
Employees 263 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Welnext

Welnext is a company based in Bengaluru (India) founded in 2017 by Jatin Doultani. Welnext has raised $70.31 thousand across 1 funding round from investors including Sujana Lakshmi and Pavithra Ramakrishna. The company has 263 employees as of March 21, 2024. Welnext operates in a competitive market with competitors including MediBuddy, Practo, API Holdings, Mfine and CureBay, among others.

  • Headquarter Bengaluru, India
  • Employees 263 as on 21 Mar, 2024
  • Founders Jatin Doultani
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Gowelnext Solutions Private Limited
  • Date of Incorporation 06 Apr, 2017
  • Jurisdiction Bangalore South, Karnataka, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $5.53 M (USD)
    55.24
    as on Mar 31, 2023
  • Net Profit
    $148.16 K (USD)
    -21.72
    as on Mar 31, 2023
  • EBITDA
    $251.27 K (USD)
    -10.39
    as on Mar 31, 2023
  • Total Equity Funding
    $70.31 K (USD)

    in 1 rounds

  • Latest Funding Round
    $70.31 K (USD), Angel Round

    Jan 20, 2020

  • Investors

    & 1 more

  • Employee Count
    263

    as on Mar 21, 2024

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People of Welnext

Headcount 200-500
Employee Profiles 9
Employee Profiles
People
Krishna Kumar Jaiswal
Customer Service Executive
People
Gyan Bishoyi
Graphic Designer
People
Gourab Shaw
Deputy Manager
People
Mahesh Joshi
Senior Manager

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Funding Insights of Welnext

Welnext has successfully raised a total of $70.31K through 1 strategic funding round. The most recent funding activity was a Angel Round of $70.31 thousand completed in January 2020. 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 Welnext

Welnext has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Sujana Lakshmi and Pavithra Ramakrishna.

All
Angel
Investor Description Founded Year Domain Location

Sujana Lakshmi

-
Locked Locked Locked

Pavithra Ramakrishna

-
Locked Locked Locked
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Investor details for Welnext

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Welnext

Investments
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Investment portfolio details for Welnext

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Financial Statements - Welnext

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Detailed financials for Welnext

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  • Profit trends
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Welnext Comparisons

Welnext Primary company
Description
Healthcare services are searched and purchased via an online...
Location
Bengaluru, India
Founded Year
2017
Annual Revenue
$5.53 M (USD)
Net Profit
$148.16 K (USD)
EBITDA
$251.27 K (USD)
Employees
263
As of 2024
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Peer comparison for Welnext

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Welnext

Welnext 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 MediBuddy, Practo, API Holdings, Mfine and CureBay, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online platform offering multiple healthcare services
Locked Locked Locked
Doctor appointments are booked and healthcare professionals are consulted online.
Locked Locked Locked
Digital healthcare tools are offered for pharmacies and clinics management.
Locked Locked Locked
Provider of online doctor consultations, at-home lab tests, and health packages
Locked Locked Locked
Healthcare services are delivered via an online platform.
Locked Locked Locked
Integrated at-home healthcare services, including tele-consultation and diagnostics, are provided.
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Detailed competitors of Welnext

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  • Domains and locations
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Latest news on Welnext

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Complete news archive for Welnext

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Frequently Asked Questions about Welnext

Welnext was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Welnext is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Jatin Doultani is the current CEO of Welnext. They have also founded this company.

Welnext is a funded company, having raised a total of $70.31K across 1 funding round to date.

As of Mar 21, 2024, the latest employee count at Welnext is 263.

Annual revenue of Welnext is $5.53M as on Mar 31, 2023.

Welnext was founded in 2017 in Bengaluru, India, as an online marketplace within the healthcare sector. Users are enabled to search for and buy various healthcare services directly on the platform. Healthcare and wellness centers are listed, along with care packages that ensure price transparency. Operations focus on facilitating access to these services in the Indian market.

Welnext's top competitors include MediBuddy, CureBay and Practo.

Welnext has 2 investors. Key investors include Sujana Lakshmi, and Pavithra Ramakrishna.

The valuation of Welnext is $469.25K as of Jan 2020.

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