# Phable care

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/phable-care

- Industry: Healthcare IT
- Headquarters: Bangalore, India
- Website: www.phablecare.com
- Total disclosed funding: $29M
- Latest round: Series B (Mar 29, 2022)
- Investors on record: 14

## About

Founded in 2018 and based in Bangalore, India, Terrals Technologies Pvt. Ltd. a.k.a Phablecare and Phable, is a mobile application that connects patients with doctors. The application also delivers users personalized guidance, health predictions, lifestyle and compliance coaching, and alerts doctors in emergency situations. Phablecare was co-founded by Sumit Sinha (CEO) and Mukesh Bansal. In 2025, Phable care raised USD 7 million in series A funding.

PhableCare offers an app-based platform through which patients can connect with an on-demand doctor for a consultation. Patients can also monitor vitals & treatments, order medicines & lab tests, shop for healthcare devices, and subscribe to healthcare plans. The platform hosts an ecosystem of care providers, medical device manufacturers, health & wellness product manufacturers, e-Pharmacy retailers, and insurance partners to provide digital healthcare to Indians. Approximately, more than 3 Million patients, 10 thousand doctors, and over 1000 pharmacists use PhableCare’s technology.

The company plans to use the 2022 funding to strengthen its full-stack and value-driven chronic care ecosystem and accelerate its market expansion, customer acquisition (doctors and patients), brand building, and building new revenue streams. It also plans to acquire other players through strategic investments, which will consolidate PhableCare’s position in the category.

## Funding rounds

- Series B, Mar 29, 2022, $20M — Kalaari Capital, SOSV, Social Starts, Fresco Capital, Omron Ventures, Congruent Ventures, Aflac Corporate Ventures, Stride Ventures
- Series A, Jan 22, 2021, $7.8M — SOSV, Social Starts, Manipal Health Enterprises Pvt. Ltd., Fresco Capital, Omron Ventures
- Seed, Dec 5, 2019 — SOSV, MOX
- Seed, Oct 11, 2019, $0.3M — IKP Investment Management, 91 Spring Board Business Hub Pvt Ltd., LVX
- Seed, Aug 7, 2019, $0.1M — SOSV
- Seed, Jul 23, 2018, $0.2M — Omphalos Ventures India

## Investors

- Omphalos Ventures India (https://capitalatlas.ai/funds/omphalos-ventures-india) — Seed
- SOSV (https://capitalatlas.ai/funds/sosv) — Seed, Series A, Series B
- IKP Investment Management (https://capitalatlas.ai/funds/ikp-investment-management) — Seed
- 91 Spring Board Business Hub Pvt Ltd. — Seed
- LVX (https://capitalatlas.ai/funds/lvx) — Seed
- MOX — Seed
- Social Starts (https://capitalatlas.ai/funds/social-starts) — Series A, Series B
- Manipal Health Enterprises Pvt. Ltd. — Series A
- Fresco Capital — Series A, Series B
- Omron Ventures (https://capitalatlas.ai/funds/omron-ventures) — Series A, Series B
- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Series B
- Congruent Ventures (https://capitalatlas.ai/funds/congruent-ventures) — Series B
- Aflac Corporate Ventures (https://capitalatlas.ai/funds/aflac-corporate-ventures) — Series B
- Stride Ventures — Series B