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Total amount raised
$22M
Latest funding date
2025-04-29
Location
ekincare has raised funding across multiple rounds, backed by investors including HealthQuad, Sabre Partners, MSD IDEA Studio, Ventureast, Eight Roads Ventures, Endiya Partners, and others.
What Is ekincare?
ekincare is a Hyderabad-based AI-powered corporate health benefits platform founded in 2015. The company offers an integrated suite of employee health and wellness services — including preventive health screenings, telehealth consultations, mental health support, medicine delivery, and fitness programs — delivered as a unified B2B SaaS solution to corporate clients. ekincare operates across more than 550 cities in India and serves tens of thousands of corporate employees.
How Much Funding Has ekincare Raised?
- Seed Round
- Amount Raised: ~USD 161,000 (approximately INR 1 crore)
- Date: January 2015
- Lead Investors: Bitkemy Ventures, Adroitent Private Limited
- Seed Round (Pre-Series A)
- Amount Raised: USD 329,000 (approximately INR 2.2 crore)
- Date: March 2016
- Lead Investors: Bitkemy Ventures; participants include Brand Capital and others
- Series A
- Amount Raised: USD 1,500,000
- Date: January 2018
- Lead Investors: Ventureast
- Participants: Endiya Partners, Eight Roads Ventures, Touchstone Equities, BVR Mohan Reddy
- Series A (Extension)
- Amount Raised: USD 3,600,000
- Date: November 2019
- Lead Investors: Undisclosed new investor
- Participants: Ventureast, Eight Roads Ventures, Touchstone Equities
- Non-Equity Assistance
- Amount Raised: Undisclosed
- Date: August 2021
- Lead Investors: Google for Startups
- Series B
- Amount Raised: USD 15,000,000
- Date: March 2022
- Lead Investors: HealthQuad, Sabre Partners
- Participants: Ventureast, Eight Roads Ventures, Siana Capital, Endiya Partners
- Series C
- Amount Raised: Undisclosed (strategic investment)
- Date: April 2025
- Lead Investors: MSD IDEA Studio Asia Pacific (MSD Global Health Innovation Fund)
- Participants: HealthQuad
Total Amount Raised: At least $20.7M based on disclosed funding (Series C amount undisclosed).
Key Investors
- HealthQuad
- Details: HealthQuad is a venture capital fund focused exclusively on healthcare innovation in India. It led ekincare's Series B round in March 2022 and participated in the Series C round in April 2025, reflecting continued conviction in the company.
- Sabre Partners
- Details: Sabre Partners is an investment firm that co-led ekincare's $15 million Series B funding round alongside HealthQuad in March 2022.
- MSD IDEA Studio Asia Pacific
- Details: MSD IDEA Studio Asia Pacific, an initiative of the MSD Global Health Innovation Fund, led the undisclosed strategic Series C investment in ekincare in April 2025, targeting AI-driven preventive healthcare solutions.
- Ventureast
- Details: Ventureast is an Indian venture capital firm that participated in ekincare's Series A rounds in 2018 and 2019, as well as the Series B round in 2022.
- Eight Roads Ventures
- Details: Eight Roads Ventures is the proprietary investment arm of Fidelity International. It participated in ekincare's Series A and Series B funding rounds.
- Endiya Partners
- Details: Endiya Partners is an early-stage venture capital firm focused on technology startups in India. It invested in ekincare's Series A and Series B rounds.
What's Next for ekincare?
ekincare plans to use the fresh capital from its Series C round to accelerate the development of AI-powered preventive healthcare solutions, expand its corporate client base, and deepen integrations across its health benefits platform. With a growing presence in 550+ cities and a rapidly scaling revenue base, the company is focused on achieving profitability while continuing to broaden its suite of employee health and wellness services for enterprises across India.
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