Funding profile · Teledermatology and online pharmacy
Clinikally
An India-incorporated telemedicine and e-pharmacy company with two independently reported rounds totalling $3.1 million and no SEC filings, since it operates and raises entirely within India. Here is what the corporate registry and filed financials show, and where a funding database’s numbers do not check out.
Data as of September 25, 2026. Company-reported figures are labeled.
Rounds at a glance
| When | Round | Amount | Investors | Source |
|---|---|---|---|---|
| Jul 2022 | Pre-seed | $500,000 | Jon Oringer’s Parento Holdings, Sumant Sinha, others | Independent |
| Sep 2023 | Venture round | $2,600,000 | Y Combinator, Tribe Capital, Goodwater Capital, Sequoia Scout Fund, Rebel Fund; angels Arash Ferdowsi, Kunal Shah, Austen Allred, Qasar Younis, Alagu Periyannan, Tanay Tandon, Deepika Bodapati, James Beshara | Independent |
| Undated | Two additional rounds claimed by an aggregator, including a $3M “Seed” and a second $500K “Pre Seed” | $3.5M combined, per that source | Comcast Ventures, Foundation Capital, Javelin Venture Partners and others named only in that source | Unverified |
What the record shows
Clinikally Digital Health Private Limited is incorporated in India, registered with the Registrar of Companies, Delhi, under CIN U52602HR2021PTC096454, and has not filed a Form D or appeared in any other SEC record found in this research. That is expected: it is an Indian operating company raising from a mix of Indian and international investors directly, with no sign of a US or Delaware holding structure. What exists instead of SEC filings is India’s own corporate registry and the financial statements Clinikally has filed with it.
Those filings show authorized share capital of Rs 15 lakh and paid up capital of Rs 7.3 lakh as of the most recent filing, figures that describe the company’s nominal share base rather than the cash it has actually raised from investors, which is reported separately by the press. For the year ending March 31, 2025, Clinikally reported revenue of Rs 31.1 crore, up 84.4 percent from Rs 16.8 crore the year before, a net loss of Rs 89.1 lakh that had narrowed 71 percent from the prior year, an estimated EBITDA of negative Rs 43.1 lakh, and total assets of Rs 14.4 crore, up 46 percent year on year.
Reading the record
- Two rounds are solid, a third is not.Entrackr and MobiHealthNews, both outlets Clinikally does not pay, independently reported the same $500,000 pre-seed in July 2022 and the same $2.6 million round in September 2023, with matching investor names. A funding database’s claim of $6.6 million across four rounds adds a $3 million round and a duplicate $500,000 round with investor names, including several German language angel names and US funds like Comcast Ventures, that appear nowhere else in connection with this company.
- The loss is shrinking as revenue scales.Revenue nearly doubled from Rs 16.8 crore to Rs 31.1 crore between FY24 and FY25, while the net loss fell to Rs 89.1 lakh, a net margin of about negative 3 percent. That is a business getting closer to breakeven, not one burning faster as it grows.
- The founder kept most of the company through 2023.Entrackr reported that as of the September 2023 round, founder and CEO Arjun Soin held more than 90 percent of Clinikally, which means the $3.1 million in disclosed outside funding bought a relatively small minority stake, consistent with the company’s small paid up capital base on record.
- The company’s capital base is nominal, not a funding record.Clinikally’s authorized capital of Rs 15 lakh and paid up capital of Rs 7.3 lakh reflect the par value of shares issued, not the premium investors actually paid. Reported funding of $3.1 million would sit almost entirely in share premium and reserves, which are not broken out in the summary data available for this research.
Commercial signals
| Signal | Detail | Source type |
|---|---|---|
| Scale | Over 1,000,000 users claimed at 2022 Y Combinator launch; 1.5 million customers claimed by Entrackr, December 2024. | Company-stated |
| Revenue growth | Rs 16.8 crore FY24 to Rs 31.1 crore FY25, an 84.4% increase, per filed financial data. | Public record |
| Profitability | Net loss narrowed to Rs 89.1 lakh in FY25 from a larger loss the year before. | Public record |
| Product expansion | Clara AI assistant launched in 2025, covering facial and hair analysis, prescription explanation and product recommendation. | Company-stated |
| US or SEC presence | No Form D, no EDGAR record, no evidence of a US holding entity. | Not found |
What to watch
- A named, independently reported third funding round that would corroborate the $6.6 million aggregator total.
- FY26 filed financials, for the year ending March 2026, to see whether the narrowing loss reaches breakeven.
- Any move to a US or offshore holding structure, which would put future rounds into SEC Form D territory.
- Disclosure of the drug or pharmacy license the online pharmacy operates under, not found in this research.
The Clinikally story on Healthcare DiscoveryHealthcare Discovery
Related companies
Sources
- Public recordClinikally Digital Health Private Limited company record, CIN U52602HR2021PTC096454
- Public recordClinikally Digital Health Private Limited director and DIN detail
- Public recordClinikally Digital Health Private Limited company and director summary
- Public recordClinikally financial breakdown, FY25 revenue and profit and loss
- IndependentClinikally raises $2.6 Mn from Y Combinator, Tribe Capital and others
- IndependentClinikally amasses 1.5 Mn customers within three year of launch
- IndependentDerma startup Clinikally bags $2.6M to go omnichannel
- AggregatorClinikally: Funding, Team & Investors, including the unverified $6.6M total
Compiled from India’s Ministry of Corporate Affairs company registry, independent press reporting and aggregated filed financial data as of September 25, 2026. Clinikally is incorporated in India and has not filed with the US SEC. Healthcare Venture Capital Fund holds no position in Clinikally. This page is not an offer to sell or a recommendation to buy any security.
