Bengaluru-based caregiving-tech startup LegUp has raised Rs 2 crore ($250K) in pre-seed funding from Bluebridge Capital Private Limited to strengthen its technology and operational capabilities.
This marks LegUp’s first official fundraising round since its inception in May 2024. The company plans to leverage the capital to enhance its platform, fuel expansion, and launch two upcoming mobile apps designed to improve accessibility and user experience.
LegUp provides a range of high-quality caregiving and companion services, catering to both baby care and elder care. Its offerings include japa nanny services, babysitting, and elderly homecare attendants. The platform has already onboarded over 10,000 skilled caregivers to meet the growing demand for trusted at-home support.
The startup is witnessing rapid growth, boasting a 40% month-over-month revenue increase. Currently, it has an MRR (Monthly Recurring Revenue) of Rs 22 lakh and is targeting an annual revenue of Rs 15 crore in the next fiscal year.
The Indian childcare services market is poised to surpass $25.8 billion in revenue by 2030, growing at a CAGR of 5%. Meanwhile, the elderly care market, valued at $7 billion, is projected to hit $50 billion by 2030, indicating massive growth opportunities for LegUp.
With its strong market traction and tech-driven approach, LegUp aims to redefine modern caregiving solutions, ensuring trusted and efficient support for families across India.
