Caregiving-tech Startup LegUp Raises Rs 2 Cr Maiden Funding

LegUp, a platform to bridge the gaps between modern families and trusted caregivers, has secured pre-seed funding of Rs 2 crore ($250K) in its pre-seed funding round from Bluebridge Capital Private Limited.

This is LegUp's first official fundraising round since its inception.

The company plans to use the funds to improve its technology and operations while supporting growth and expansion. A large part of the funds will also go towards developing and launching two new mobile apps.

Read also- Fintech Firm Perfios Acquires Fraud Detection Platform CustomerXPs

About LegUp 

Founded in May 2024 by Ananthu V, Mahesh Narayanan and Jerin Mathew, the Bengaluru-based LegUp offers a variety of caregiving and companion services for both baby and elder care, including japa nanny services, babysitting, and elderly homecare attendants. The platform has already added over 10,000 skilled caregivers.

LegUp is growing quickly, with a 40% increase in revenue each month. The company has built a strong presence in Bengaluru, reaching an MRR of Rs 22 lakh and aiming for annual revenue of Rs 15 crore in the next fiscal year.

Startup Funding News: Your Gateway to Every Funding Update.

Latest Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup Stories: Discover inspiring tales of startups overcoming challenges and achieving success.