LifCare Revenue and Competitors

Location

$17M

Total Funding

Pharma

Industry

Estimated Revenue & Valuation

  • LifCare's estimated annual revenue is currently $19.5M per year.(i)
  • LifCare received $11.0M in venture funding in July 2018.
  • LifCare's estimated revenue per employee is $125,625
  • LifCare's total funding is $17M.

Employee Data

  • LifCare has 155 Employees.(i)
  • LifCare grew their employee count by 1% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$56.6M56321%N/AN/A
#2
$15.6M15528%N/AN/A
#3
$17M169-11%N/AN/A
#4
$13.2M1318%N/AN/A
#5
$19.6M19510%N/AN/A
#6
$23.5M2347%N/AN/A
#7
$5.3M530%N/AN/A
#8
$13M129-25%N/AN/A
#9
$20.5M20411%N/AN/A
#10
$11.7M1166%N/AN/A
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What Is LifCare?

LifCare is India's largest Subscription pharmacy for chronic patients and is making chronic health management affordable and convenient for everyone. India has ~25% of its population suffering from chronic diseases and about 1/3 rd of this population does not adhere to its maintenance medicine - leading to hospitalization and sky-rocketing healthcare costs. We lost ~300,000 lives to Diabetes alone in 2015 due to non-adherence. We, at LifCare, believe we can save these lives. We are redefining chronic disease management and the medicine supply chain using intelligent technology and data science that includes refills management, prescription digitization, offline to online shift, medicine reminders, intelligent warehouse stocking and smart logistics. Founded in late 2015 by a team consisting of IIT/IIM alumni having several years of industry experience in companies like BCG, Bain Capital, J&J, Cipla, Grofers, Caremark, Runnr and SAP Labs. LifCare aims to enhance the whole pharmacy experience for patients by providing a relationship-oriented, technology-driven and convenient environment. From proactive monthly refills to updating dosages to making sure adherence improves, we at LifCare take care of everything. We are an ideal healthcare centre for patients on long duration medicines for Diabetes, Heart, Hypertension, Thyroid, Kidney disorders, etc. We are proud to be in an industry that can make a real difference to millions of lives! Write to us at care@lifcare.in or visit us at www.lifcare.in to know more.

keywords:N/A

$17M

Total Funding

155

Number of Employees

$19.5M

Revenue (est)

1%

Employee Growth %

N/A

Valuation

N/A

Accelerator

LifCare News

2018-08-21 - LifCare Raises $11M in Series B Funding

Corner Store Technologies, an Indian first subscription pharmacy that operates under the brand “LifCare“, raised $11M in Series B funding. Backers included SAIF Partners, Nexus Ventures and IL&FS. The funds will be used expand LifCare’s geographical presence and further invest in technology. ...

2018-07-24 - India: Pharmacy startup LifCare raises $11m Series B round from SAIF, Nexus, IL&FS

Premium Corner Store Technologies, that operates subscription pharmacy brand LifCare, on Tuesday said it has raised $11 million in a Series B round of funding from private equity and venture capital firm SAIF Partners, Nexus Ventures and IL&FS. Continue reading this story with a subscription t ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$24.7M15585%N/A
#2
$12M155-4%N/A
#3
$14.2M1567%N/A
#4
$23.2M15616%N/A
#5
$23.3M1578%N/A

LifCare Funding

DateAmountRoundLead InvestorsReference
2018-07-25$11.0MUndisclosedSaif PartnersArticle