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Promiso Health - About the company

Promiso Health is a seed company based in Bengaluru (India), founded in 2021 by Vikas Gupta and Sumit Bajaj. It operates as a Provider of digitally enabled at-home diagnostics and care delivery. Promiso Health has raised $456K in funding, with a current valuation of *****. The company has 33 active competitors, including 7 funded and 2 that have exited. Its top competitors include companies like Faks, Workpath and Rupa.

Company Details

Provider of digitally enabled at-home diagnostics and care delivery. The company offers a wide range of healthcare services, with a network of diagnostic chains, hospitals, labs, pharmaceuticals and provides sample collection, point of care testing, CGM, and more.
Phone Number
+91 **********
Registered Address
10/1, KSSIDC Industrial Estate, Mahadevapura, Mahadevapura, Bangalore, Bangalore North, Karnataka, India, 560048
Key Metrics
Founded Year
2021
Location
Bengaluru, India
Stage
Seed
Total Funding
$456K in 1 round
Latest Funding Round
Post Money Valuation
***** as on Jul 02, 2021
Investors
Ranked
Annual Revenue
₹7.11Cr as on Mar 31, 2025
Employee Count
51 - 200 as on Jul 01, 2024
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Promiso Health's funding and investors

Promiso Health has raised a total funding of $456K over 1 round. Its latest funding round was a Angel round on Jul 02, 2021 for $*****. 7 investors participated in its latest round. Promiso Health has 1 institutional investor and 7 angel investors.

Here is the list of recent funding rounds of Promiso Health:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 02, 2021
8680090
Angel
5353454
2232991
9294041
6534921
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Promiso Health's founders and board of directors

Founder? Claim Profile
The founders of Promiso Health are Vikas Gupta and Sumit Bajaj. Vikas Gupta is the CEO of Promiso Health.
Here are the details of Promiso Health's key team members:

Promiso Health's Board of Directors

Promiso Health's board has 2 active members. Vikas Gupta and Jothi Prakasam Srinivasa Vivek are independent board members.
Here is the list of Promiso Health's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
4y 11m
hnkueep
Independent board member
-
Current
8y 5m

Promiso Health's employee count trend

Promiso Health has 51 - 200 employees as of Jul 24. Here is Promiso Health's employee count trend over the years:
Employee count trend for Promiso Health
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Promiso Health's Competitors and alternates

Top competitors of Promiso Health include Faks, Workpath and Rupa. Here is the list of Top 10 competitors of Promiso Health, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Faks
Faks
2020, Paris (France), Series A
Provider of communication software for laboratories and pharmacies
$11.4M
53/100
2nd
Logo for Workpath
Workpath
2015, Richmond (United States), Acquired
On-demand platform connecting laboratories, physicians, and phlebotomists
$21.8M
45/100
3rd
Logo for Rupa
Rupa
2018, San Francisco (United States), Series A
Provider of telehealth solution for functional labs
$44.7M
44/100
4th
Logo for Rx Redefined
Rx Redefined
2017, Oakland (United States), Series B
Provider of supply chain distribution and billing management platform for healthcare providers
$35.7M
42/100
5th
Logo for Hospicelink
Hospicelink
2011, Birmingham (United States), Series A
DME management solutions provider offering software platform, provider network, and industry experts
$5.59M
42/100
6th
Logo for PPD
PPD
Philippines, Unfunded
Provider of e prescription and information app for doctors
-
-
38/100
7th
Logo for Evexia Diagnostics
Evexia Diagnostics
2007, Washington (United States), Unfunded
Provider of a suite of diagnostic laboratory solutions for healthcare professionals
-
-
36/100
8th
Logo for Promiso Health
Promiso Health
2021, Bengaluru (India), Seed
Provider of digitally enabled at-home diagnostics and care delivery
$456K
36/100
9th
Logo for Precal
Precal
2019, Shibuya (Japan), Funding Raised
Provider of online prescription management software
-
33/100
10th
Logo for EasyRx
EasyRx
2018, Atlanta (United States), Seed
Provider of platform to manage e-prescriptions for dental practitioners
$1M
-
32/100
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Promiso Health's Latest cap tables and shareholding

Founders own 23.22%, Angels own 32.70% and Other People (largest shareholder) own 44.08%. The net worth of Promiso Health's founders is INR 2.41Cr as of Jul 02, 2021.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
23.22%
2.41Cr
7848942
6048088
3781674
5715164
1851750
4573417
2458454
5195369
9926476
6211998
Angel
32.70%
3.4Cr
4369860
9679160
1618307
6931538
2764788
9816481
6631183
5009594
1848158
7148956
501
249
544
178
106
739
Other People
44.08%
4.58Cr
7394009
6925917
4291558
5513834
Total
100.00%
10.4Cr
2949628
9464372
6448314
5555505
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Promiso Health's Shareholding

Promiso Health's Investments and acquisitions

Promiso Health has made no investments or acquisitions yet.

Reports related to Promiso Health

Here is the latest report on Promiso Health's sector:

FAQs about Promiso Health

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