Flip Health - About the company
Flip Health is a seed company based in Hyderabad (India), founded in 2019 by Vishnu Gangasani, Venkatesh Gandham and Prananka Reddy. It operates as a Platform providing telemedicine services, including online consultations, chronic and urgent care, and prescriptions. Flip Health has raised $1.58M in funding from investors like Startupxseed Ventures, Powerplus Advisory and Adwik Advisors, with a current valuation of ₹*****. The company has 76 active competitors, including 18 funded and 3 that have exited. Its top competitors include companies like Hinge Health, Practo and Ekincare.
Company Details
Platform providing telemedicine services, including online consultations, chronic and urgent care, and prescriptions. It offers personalized health advice, doctor consultations, chronic and urgent care, prescriptions, and more. It providers consultation services for migraines, mental health, sexual health, sinusitis, and more.It offers a virtual care platform with a focus on employee health benefits, 360 degree wellness, and overall health management. The platform uses artificial intelligence to deliver primary and preventive healthcare.
- Website
- www.flip.health/
- Social
- Email ID
- *****@flip.health
- Phone Number
- +91 **********
- Registered Address
- Level 1 , Unit 2A& 2B , Octave Block,Parcel 4, Sattva Knowledge City , Hitec city, Cyberabad, Hyderabad, Shaikpet, Telangana, India, 500081
Legal entities associated with Flip Health
Flip Health is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FLIPHEALTH INDIA PRIVATE LIMITED CIN: U72900TG2021PTC150633 , India, Active | Apr 15, 2021 | $331K (As on Mar 31, 2025) | 35 (As on Mar 31, 2025) |
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Flip Health's funding and investors
Flip Health has raised a total funding of $1.58M over 3 rounds. Its first funding round was on Apr 23, 2022. Its latest funding round was a Seed round on Jan 14, 2025 for $*****. 4 investors participated in its latest round. Flip Health has 5 institutional investors and 14 angel investors.
Here is the list of recent funding rounds of Flip Health:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 14, 2025 | 2868357 | Seed | 3694680 | 5136779 | 6733097 | 1109844 |
Oct 07, 2022 | 4907226 | Seed | 9257452 | 7332726 | 6396423 | 1909134 |
Apr 23, 2022 | 8388635 | Seed | 7712183 | 3297395 | 9267782 |
Access funding benchmarks and valuations. Sign up today!View details of Flip Health's funding rounds and investors
Flip Health's founders and board of directors
Founder? Claim ProfileThe founders of Flip Health are Vishnu Gangasani, Venkatesh Gandham and Prananka Reddy. Vishnu Gangasani is the CEO of Flip Health.
Here are the details of Flip Health's key team members:
- Vishnu Gangasani: Co-Founder & CEO of Flip Health. They serve on the board of 1 company.Contact Info: 1 email address
- Venkatesh Gandham: Co-Founder of Flip Health. They serve on the board of 1 company.
- Prananka Reddy: Co-Founder of Flip Health. Contact Info: 1 email address
Flip Health's Board of Directors
Flip Health's board has 2 active members. Vishnu Gangasani and Venkatesh Gandham are part of team.Here is the list of Flip Health's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 9m | |
Team | - | Current | 4y 0m | |
myu{nuj | Independent board member | - | Past | 7y 1m |
View details of Flip Health's Founder profiles and Board Members
Flip Health's employee count trend
Flip Health has 35 employees as of Mar 25. The total employee count is 75.0% more than what it was in Mar 24. Here is Flip Health's employee count trend over the years:
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Flip Health's Competitors and alternates
Top competitors of Flip Health include Hinge Health, Practo and Ekincare. Here is the list of Top 10 competitors of Flip Health, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Hinge Health 2015, San Francisco (United States), Public | Provider of virtual physical therapy and digital pain care solutions | $854M | 82/100 | |
2nd | Online platform for booking doctor appointments and consulting healthcare professionals | $228M | 78/100 | ||
3rd | Provider of employee health benefits platform offering health and wellness programs | $27M | 78/100 | ||
4th |  Castlight 2008, San Francisco (United States), Acquired | Cloud-based healthcare information on providers and pricing for enterprises | $181M | 77/100 | |
5th | Visit Health 2016, Noida (India), Series A | Operator of a platform providing wellness and outpatient healthcare benefit solutions | $7.79M | 74/100 | |
6th | Provider of employee health benefits and insurance platform | $20.7M | 70/100 | ||
7th |  Cerner 1979, North Kansas City (United States), Acquired | Online platform for employee health benefits | - | 65/100 | |
8th | AI-based healthcare management platform offering various solutions | $6.27M | 63/100 | ||
9th | Provider of health insurance platform for businesses | $40.9M | 58/100 | ||
10th | Provider of employee health and wellness benefits platform | $3.1M | 56/100 | ||
15th |  Flip Health 2019, Hyderabad (India), Seed | Platform providing telemedicine services, including online consultations, chronic and urgent care, and prescriptions | $1.58M | 47/100 |
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Flip Health's Latest cap tables and shareholding
Founders (largest shareholder) own 69.86%, Funds own 12.47%, Enterprises own 1.02% and Angels own 1.31%. The net worth of Flip Health's founders is INR 143Cr as of Feb 03, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 69.86% | 143Cr | 8661211 | 6250695 | 8470813 | 1311391 |
0 | 0 | 0 | 0 | 0 | 0 | |
Fund | 12.47% | 25.5Cr | 9446394 | 6503141 | 7716975 | 4840925 |
7906291 | 8570302 | 4155625 | 1316614 | 2960294 | 6850815 | |
Enterprise | 1.02% | 2.09Cr | 1 | 2 | 3 | 2 |
Angel | 1.31% | 2.68Cr | 5 | 3 | 1 | 1 |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 3.65% | 7.48Cr | 669 | 900 | 157 | 743 |
ESOP Pool | 11.69% | 23.9Cr | 8928376 | 2896400 | 6144667 | 2131189 |
Total | 100.00% | 205Cr | 2208129 | 7200253 | 3066262 | 7808586 |
To unlock detailed Cap Table of Flip Health Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Flip Health's Shareholding
Flip Health's Investments and acquisitions
Flip Health has made no investments or acquisitions yet.
Reports related to Flip Health
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