About Workcell Solutions
Workcell Solutions is a company based in Mumbai (India) founded in 2015. Workcell Solutions has raised $59.55 million across 8 funding rounds from investors including DSP Mutual Fund, Alteria Capital and Whiteboard Capital. The company has 230 employees as of April 02, 2024.
- Headquarter Mumbai, India
- Employees 230 as on 02 Apr, 2024
- 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 Workcell Solutions Private Limited
- Date of Incorporation 29 Oct, 2014
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$16.23 M (USD)26.49as on Mar 31, 2022
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Net Profit
-$6.74 M (USD)-143.47as on Mar 31, 2022
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EBITDA
-$6.54 M (USD)-120.44as on Mar 31, 2022
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Total Equity Funding
$59.55 M (USD)
in 8 rounds
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Latest Funding Round
$26.22 M (USD), Series B
Nov 24, 2023
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Investors
DSP Mutual Fund
& 77 more
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Employee Count
230
as on Apr 02, 2024
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Funding Insights of Workcell Solutions
Workcell Solutions has successfully raised a total of $59.55M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $26.22 million completed in November 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.
Investors in Workcell Solutions
Workcell Solutions has secured backing from 78 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include DSP Mutual Fund, Alteria Capital and Whiteboard Capital.
| Investor | Description | Founded Year | Domain | Location |
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Private equity and innovation services are provided by STIC Investments.
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Venture capital investments are directed toward India's consumption market businesses.
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Venture capital fund focused on early-stage startups
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Investor details for Workcell Solutions
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Investments & Acquisitions by Workcell Solutions
Investment portfolio details for Workcell Solutions
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Financial Statements - Workcell Solutions
Detailed financials for Workcell Solutions
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Workcell Solutions Comparisons
Peer comparison for Workcell Solutions
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Competitors of Workcell Solutions
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Latest news on Workcell Solutions
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Frequently Asked Questions about Workcell Solutions
Workcell Solutions was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Workcell Solutions is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Workcell Solutions is a funded company, having raised a total of $59.55M across 8 funding rounds to date.
As of Apr 02, 2024, the latest employee count at Workcell Solutions is 230.
Annual revenue of Workcell Solutions is $16.23M as on Mar 31, 2022.
Workcell Solutions was founded in 2015 in Mumbai, India, within the pharmaceutical retail sector. A network of pharmacies is managed to distribute medications and health products. Operations are centered on providing essential pharmacy services to local communities. The companys domain, workcell.in, is utilized for digital support. Focus is placed on efficient retail distribution in the Indian market.
Workcell Solutions has 78 investors. Key investors include DSP Mutual Fund, Alteria Capital, Whiteboard Capital, Tablt, and CTH Advisors.
The valuation of Workcell Solutions is $115.19M as of Nov 2023.