Bengaluru-based caregiving-tech startup LegUp, which has presented a stage to bridge the gaps between modern families and trusted caregivers, has secured pre-seed subsidizing of Rs 2 crore ($250K) from Bluebridge Capital Private Limited.

LegUp’s first official fundraising round since its inception in May 2024 is marked by this.

The company plans to utilize the capital to improve its innovation and operational capabilities whereas fostering growth and development. Furthermore, a critical portion of the stores will be allocated toward the advancement and dispatch of two upcoming mobile apps.

LegUp offers a extend of high-quality caregiving and companion administrations catering to both baby care and senior care portions, counting japa nanny services, babysitting, and elderly homecare attendants, among others. Over 10,000 skilled caregivers have already been onboarded by the stage.

LegUp is growing rapidly, with a 40% month-over-month revenue increase. The company has set up a solid presence in Bengaluru, coming to an MRR of Rs 22 lakh and pointing for a yearly income of Rs 15 crore in the following fiscal year.

The childcare services sector in India is anticipated to produce over $25,892 million in income by 2030, developing at a CAGR of 5%. Meanwhile, the Indian elderly care market, currently esteemed at $7 billion, is expected to reach an amazing $50 billion by 2030.