# HWell24 Plus Healthcare & Technologies Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hwell24-plus-healthcare-technologies-pvt

- Industry: Healthcare
- Headquarters: Mumbai, India
- Website: www.healwell24.com
- Total disclosed funding: $0.6M
- Latest round: Series A (Apr 5, 2021)
- Investors on record: 2

## About

HWell24 Plus Healthcare & Technologies Pvt Ltd. is a healthcare technology company focused on providing innovative health solutions and services to enhance patient care and improve health outcomes in diverse markets.Founded in 2017 and headquartered in Mumbai, India, HWell24 Plus Healthcare & Technologies Pvt Ltd. focuses on delivering healthcare solutions. The company has achieved notable milestones, including raising INR 40.87 million in a Series A funding round led by Kemexel Ventures on April 5, 2021. Co-founded by Anil Verma, Chittaranjan Mishra, J Singha, and RK Devi, J Singha currently serves as the CEO.The company specializes in healthcare technology, offering a range of digital health solutions designed to address patient needs and enhance healthcare delivery. The core product offerings include telemedicine platforms and health monitoring applications, which are engineered to enhance accessibility and efficiency in patient care. These products are targeted primarily towards individual consumers and healthcare providers, aiming to facilitate remote consultations and health tracking. Since their release, these solutions have been pivotal in meeting the demands of modern healthcare.The revenue model of the company is structured around B2B sales and direct-to-consumer transactions, positioning it to optimize financial performance through various healthcare service offerings. Customers can engage with the company via purchasing health solutions directly or subscribing for ongoing services, ensuring a steady flow of income from both retail consumers and healthcare institutions. The revenue for the most recent year, 2022, was INR 553,933.20, with an EBITDA of INR -983,565.50.HWell24 Plus Healthcare & Technologies Pvt Ltd. is focused on developing new healthcare applications set to launch in the coming year. The company plans to expand into Southeast Asian markets, particularly targeting Indonesia and Vietnam, by mid-2023. The recent funding of INR 40.87 million from the Series A round will support the development of these products and facilitate market entry initiatives.

## Funding rounds

- Series A, Apr 5, 2021, $0.6M — Tainwala Group, Kemexel Ventures

## Investors

- Tainwala Group — Series A
- Kemexel Ventures (https://capitalatlas.ai/funds/kemexel-ventures) — Series A