About WonDRx
WonDRx is a company based in Mumbai (India) founded in 2017 by Pankaj Agrawal and Pankaj Sindhu.. WonDRx has raised $3.24 million across 4 funding rounds from investors including Venture Catalysts, Nava Limited and NB Ventures. The company has 29 employees as of April 02, 2024. WonDRx operates in a competitive market with competitors including MediBuddy, Practo, API Holdings, Mfine and CureBay, among others.
- Headquarter Mumbai, India
- Employees 29 as on 02 Apr, 2024
- Founders Pankaj Agrawal, Pankaj Sindhu
- Stage Minicorn
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Sectors
Healthcare
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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 Vvp Healthcare Evolution Private Limited
- Date of Incorporation 12 Jun, 2018
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$385.69 K (USD)42.7as on Mar 31, 2023
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Net Profit
$-484.98 K (USD)-14.6as on Mar 31, 2023
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EBITDA
$-508.15 K (USD)-6.65as on Mar 31, 2023
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Total Equity Funding
$3.24 M (USD)
in 4 rounds
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Latest Funding Round
$105.7 K (USD), Seed
Dec 11, 2023
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Investors
Venture Catalysts
& 51 more
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Employee Count
29
as on Apr 02, 2024
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Funding Insights of WonDRx
WonDRx has successfully raised a total of $3.24M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $105.7 thousand completed in December 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 — $105,700
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First Round
First Round
(01 Sep 2018)
- Investors Count 52
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Seed - WonDRx | Valuation | Mishra Enterprise , Amrraj Trust | |
| Aug, 2021 | Amount | Seed - WonDRx | Valuation | NB Ventures , Indventure Partner | |
| May, 2019 | Amount | Seed - WonDRx | Valuation | Venture Catalysts , Nbventures |
| 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 WonDRx
WonDRx has secured backing from 52 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Venture Catalysts, Nava Limited and NB Ventures. 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 directed toward healthcare, logistics, education, and multiple sectors.
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Founded Year | Domain | Location | |
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Founded Year | Domain | Location | |
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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 WonDRx
| 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 - WonDRx
| 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 |
Wondrx Comparisons
Competitors of WonDRx
WonDRx 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. 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 |
Online platform offering multiple healthcare services
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| domain | founded_year | HQ Location |
Doctor appointments are booked and healthcare professionals are consulted online.
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| domain | founded_year | HQ Location |
Digital healthcare tools are offered for pharmacies and clinics management.
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| domain | founded_year | HQ Location |
Provider of online doctor consultations, at-home lab tests, and health packages
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| domain | founded_year | HQ Location |
Healthcare services are delivered via an online platform.
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| domain | founded_year | HQ Location |
Integrated at-home healthcare services, including tele-consultation and diagnostics, are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Wondrx
Frequently Asked Questions about WonDRx
When was WonDRx founded?
WonDRx was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is WonDRx located?
WonDRx is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of WonDRx?
Pankaj Sindhu is the current CEO of WonDRx. They have also founded this company.
Is WonDRx a funded company?
WonDRx is a funded company, having raised a total of $3.24M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.06M, raised on Sep 01, 2018.
How many employees does WonDRx have?
As of Apr 02, 2024, the latest employee count at WonDRx is 29.
What is the annual revenue of WonDRx?
Annual revenue of WonDRx is $385.69K as on Mar 31, 2023.
What does WonDRx do?
WonDRx was established in 2017 in Mumbai, India, within the healthcare technology sector. Electronic health record facilitation is offered to professionals, enabling medical record management, patient guidance, and prescription history tracking for treatment support. Operations focus on streamlining documentation and compliance processes across clinical workflows, with services tailored to Indian healthcare needs.
Who are the top competitors of WonDRx?
Who are WonDRx's investors?
WonDRx has 52 investors. Key investors include Venture Catalysts, Nava Limited, NB Ventures, Mishra Enterprise, and Amarandhar Reddy Kotha.
What is WonDRx's valuation?
The valuation of WonDRx is $15.1M as of Dec 2023.