When was Phable founded?

Phable was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is Phable located?

Phable is headquartered in Bengaluru, India. It is registered at NO. 2734, I FLOOR, 1ST SECTOR HSR LAYOUT, 16T CROSS, 27TH MAIN ROAD, Bangalore, BANGALORE, Karnataka, India, 560102.

Who is the current CEO of Phable?

Sumit Sinha of Phable. They are also an angel investors in 1 startup.

Which legal entities is Phable associated with?

Phable is associated with TERRALS TECHNOLOGIES PRIVATE LIMITED.

How many employees does Phable have?

As of Apr 30, 2026, the latest employee count at Phable is 163.

Is Phable a funded company?

Phable is a funded company, having raised a total of $45.2M across 9 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 23, 2018.

How much is Phable worth?

The last known valuation of Phable was $***** as of Apr 13, 2022.

When was the latest funding round of Phable?

Phable's latest funding was a $***** Series B round on Feb 08, 2022, with participation from 22 investors. Its primary sector is Healthcare Booking Platforms. In India, the Healthcare Booking Platforms sector has seen $131M in funding in 2026 to date.

What is the annual revenue of Phable?

Annual revenue of Phable is between ₹10 Cr and ₹50 Cr as on Mar 31, 2022

Where does Phable rank among its competitors?

Phable ranks 1st amongst 0 active competitors, none of which are funded.

Phable - 2026 Company Profile, Team, Funding & Financials

Phable is a deadpooled company based in Bengaluru (India), founded in 2018 by Sumit Sinha and Prasanth Reddy. It operates as a Provider of digital health management and telehealth software. Phable has raised $45.2M in funding from investors like Manipal Hospitals, LetsVenture and Kalaari Capital, with last known valuation of $*****.

Company Details

Phable offers digital health management and telehealth software for patients and healthcare providers. The app can be used to track and record health data from health trackers. The app provides guidance, reminders, and manages medication, appointments, and alerts on health data throughout the treatment journey. The data is shared with the doctor for real-time health monitoring. The platform provides alerting messages to doctors regarding patients' vitals and health status. Health records and other information can be uploaded by the patient as well as the doctor if required on the platform.

Website: phablecare.com
Social
Email ID: *****@phablecare.com
Registered Address: NO. 2734, I FLOOR, 1ST SECTOR HSR LAYOUT, 16T CROSS, 27TH MAIN ROAD, Bangalore, BANGALORE, Karnataka, India, 560102

Key Metrics

Founded Year

2018

Location

Bengaluru, India

Stage

Deadpooled

Total Funding

$45.2M in 9 rounds

Latest Funding Round

Series B, Feb 08, 2022, $*****

Last Known Valuation

$***** as on Apr 13, 2022

Investors

Manipal Hospitals & 112 more

Ranked

1^st among 1 competitor

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2022

Employee Count

163 as on Apr 30, 2026

Investment & Acquisitions

Fused Training

View Phable's full profile

Phable is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
TERRALS TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2017PTC107067 , India, Active	Oct 10, 2017	₹10 - ₹50 Cr (As on Mar 31, 2022)	704 (As on Sep 01, 2022)

Phable has raised a total funding of $45.2M over 9 rounds. Its first funding round was on Jul 23, 2018. Its latest funding round was a Series B round on Feb 08, 2022 for $*****. 22 investors participated in its latest round. Phable has 36 institutional investors and 77 angel investors.

Here is the list of recent funding rounds of Phable:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 08, 2022	2300957	Series B	5353471	2487608	7248480	9194195
Jan 27, 2022	3885125	Venture Debt	8901263	6690731	1940379	Stride Ventures
Jul 22, 2021	3348966	Series A	8736982	4022928	OMRON & 1 more	Manipal Hospitals

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View details of Phable's funding rounds and investors

The founders of Phable are Sumit Sinha and Prasanth Reddy.

Here are the details of Phable's key team members:

Sumit Sinha: Former Co-Founder & CEO of Phable. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 phone number
Prasanth Reddy: Former Co-Founder of Phable. They serve on the board of 1 company.
Contact Info: 1 phone number

Phable's Board of Directors

Phable's board has 2 active members. Sumit Sinha and Mukkesh Kumar Bansal are part of team.

Here is the list of Phable's board of directors:

Name	Type	Representing	Status	Duration
Sumit Sinha	Team	-	Current	8y 11m
Mukkesh Kumar Bansal	Team	-	Current	8y 11m
t{ljlsg	Team	-	Past	8y 8m

View details of Phable's Founder profiles and Board Members

Phable's employee count trend

Phable has 163 employees as of Apr 26. Here is Phable's employee count trend over the years:

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Founders (largest shareholder) own 41.57%, Funds own 26.26%, Enterprises own 24.85% and Angels own 7.32%. The net worth of Phable's founders is INR 76Cr as of Jan 22, 2021.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	41.57%	76Cr	4993551	4602954	5575976	8072427
Sumit Sinha	5039432	1490989	8277886	9771338	3160441	9571994
Prasanth Reddy	6255554	8269417	1343786	1077331	9582719	4200583
Fund	26.26%	48Cr	4090597	5088606	9520381	8595173
SOSV	324907	129043	584708	107004	324700	256971
Betatron Venture Group	526	963	372	630	189	371
Social Starts	1	1	7	8	6	7
Enterprise	24.85%	45.4Cr	7887947	5843046	2190998	8154283
Angel	7.32%	13.4Cr	1247083	8451783	1956561	3227703
Total	100.00%	183Cr	3838039	7924729	6281985	8760416