Mahesh Narayanan (LegUp)
Overview
Mahesh Narayanan is a prominent figure in the tech entrepreneurship scene, particularly known as one of the co-founders of LegUp, a caregiving-tech startup based in Bengaluru, India. Founded in May 2024, the company aims to bridge the gap between modern families and trusted caregivers by offering a variety of caregiving services for both baby and elder care. Mahesh Narayanan is instrumental in driving the company’s mission to transform the caregiving sector with technology-driven solutions that ensure efficient and reliable services. The startup has quickly gained momentum within the healthcare industry, marked by rapid monthly revenue growth and favorable investor interest.
Recent Developments
In recent developments concerning Mahesh Narayanan and LegUp:
- February 2025: LegUp successfully secured Rs 2 crore (about $250,000) in pre-seed funding from Bluebridge Capital Private Limited. This marks the first official investment round for the startup since its inception in May 2024. Previously, the company had operated as a bootstrapped entity.
- The funds are dedicated to enhancing platform capabilities and expanding reach within India. Specific plans include developing two new mobile applications aimed at improving user experience and caregiver operations.
- Expansion to major cities like Mumbai, Hyderabad, Pune, and Delhi by year-end is slated as a key milestone.
- This startup demonstrates incredible performance with a 40% month-over-month growth in revenue, with a strategic focus on AI-driven technology for efficient caregiver matching and service delivery.
- January 2025: Narayanan and the LegUp team announced strategic geographical expansion plans and product refinement initiatives aimed at solidifying their market position within India’s burgeoning caregiving industry.
- December 2024: The company reported promising monthly recurring revenue (MRR) figures totaling Rs 22 lakh, setting a target for annual revenue of Rs 15 crore in the upcoming fiscal year.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Mahesh Narayanan MS |
| Born | N/A |
| Nationality | Indian |
| Occupation | Entrepreneur |
| Known For | Co-founder of LegUp |
| Net Worth | Not publicly disclosed |
| Education | N/A |
Early Life and Education
Details on Mahesh Narayanan's early life and education are not fully publicized in available sources. It is evident from his role in LegUp that Narayanan possesses significant expertise and a passion for innovative approaches within the caregiving and entrepreneurship realms. His role in co-founding a tech-driven platform reveals an orientation towards technology and business, likely supported by educational and professional background experiences that precede his entrepreneurial ventures.
Career and Notable Achievements
Mahesh Narayanan’s professional journey is marked by his significant contributions as a co-founder of LegUp:
- 2024: Together with co-founders Jerin Mathew and Ananthu V, Narayanan launched LegUp in Bengaluru. The company set out to provide crucial caregiving services by leveraging technology, primarily focusing on japa nanny services, babysitting, and elderly homecare.
- Laurels and Recognitions:
- Successfully facilitated a major pre-seed funding round.
- Rapid scaling to over 10,000 skilled caregivers onboarded onto the platform.
- Achieved substantial month-over-month revenue growth.
- Laurels and Recognitions:
Current Work and Impact
Currently, Mahesh Narayanan focuses on steering LegUp towards becoming a leader in the caregiving-tech sector within India. Active project goals include:
- Launch and enhancement of mobile applications to facilitate service bookings and caregiver opportunities.
- Extensive scaling of operations to cater to prominent Indian metropolises.
- Solidifying market presence while fostering innovative AI-driven recruitment and caregiving match technologies.
- Continuous pursuit of additional funding to bolster LegUp's expansive growth programs.
Conclusion
Mahesh Narayanan, through his role in LegUp, is playing a transformative role within the caregiving sector in India. By addressing critical needs for structured and tech-enabled caregiving solutions, Mahesh and his colleagues at LegUp are poised to deliver significant advancements in how caregiving services are provided across urban and adjacent regions in India. With the company’s sights set on scaling operations and leveraging cutting-edge technology, Narayanan is ensuring that LegUp remains a pivotal player in the caregiving economy, promising lasting societal impacts through innovation and empathy.