About Aayu
Aayu is a Healthcare company based in Kota (India) founded in 2016 by Saida Dhanavath, Nikhil Baheti, and Shreyans Mehta. Virtual healthcare consultations and home services are provided. It operates on a On-Demand Services, Two-Sided Marketplace, and HealthTech model. Aayu has raised $5.28 million across 4 funding rounds from investors including Info Edge, Astarc Ventures and Rajasthan Venture Capital Fund. The company has 15 employees. Aayu was last valued at $15.48 million in December 2021. Its Indian entity Medcords Healthcare Solutions Private Limited reported revenue of ₹92 Lakh. Aayu offers products and services including Aayu App, Medicine Delivery, Doctor Consultation, Lab Tests, and Digital Health Records. Its focus areas include Digital Health and Telemedicine. Its competitors include MediBuddy, Practo and API Holdings; 3 of its 3 listed competitors have raised funding.
Company details
Healthcare needs are addressed by Aayu through a mobile app platform. Services including medicine delivery, doctor consultations, lab test bookings, and digital health record management are offered. The platform connects users with over 40,000 chemist stores and 5,000 specialist doctors across India. Solutions are provided in the digital health and telemedicine sectors, ensuring quick access to medical care and wellness products from the comfort of home.
- Headquarters Kota, India
- Employees 15
- Founders Saida Dhanavath, Nikhil Baheti, Shreyans Mehta
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website aayu.app
- Social LinkedIn X Facebook Instagram
- Legal Name Medcords Healthcare Solutions Pvt. Ltd.
- Date of Incorporation 15 Sep, 2016
- Jurisdiction Kota, Rajasthan, India
- Annual Revenue₹92 Lakh
FY 2025 · -67% YoY
- Net Loss-₹65,346
FY 2025 · -1% margin
- EBITDA₹13.2 Lakh
FY 2025 · 14% margin
- Total Equity Funding$5.28M (USD)
in 4 rounds
- Latest Funding Round$1.48M (USD), Series A
Dec 2021
- InvestorsInfo Edge
& 22 more
- Employee Count15
Associated legal entities of Aayu
Aayu operates through Medcords Healthcare Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Medcords Healthcare Solutions Private Limited CIN U74999RJ2016PTC055981 | Active | 15 Sep 2016 | Kota, Rajasthan | ₹0.9 Cr | 15 | 2 | View details |
Products & Services of Aayu
Aayu offers a comprehensive portfolio of products and services, including Aayu App, Medicine Delivery, Doctor Consultation, Lab Tests, and Digital Health Records.
Healthcare services are accessed through this mobile application.
Medicines are delivered quickly to the user's doorstep.
Online consultations with doctors are facilitated within minutes.
Lab tests are booked easily via the app.
Health records are saved digitally for easy access.
Apps and channels of Aayu
Aayu publishes 1 mobile app with over 1M+ downloads.
Funding Insights of Aayu
Aayu has successfully raised a total of $5.28M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.48 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5.28M
- Total Rounds 4
- Last Round Series A — $1.48M
- First Round $76,398
(Mar 2017)
- Investors Count 23
All 4 funding rounds of Aayu with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2021 | $1.48M | Series A | $15.48M | Village Global | |
| Mar 2020 | $2.78M | Series A | $13.77M | Info Edge, Rajasthan Venture Capital Fund | |
| Feb 2018 | $939,852 | Seed | $••••• | Info Edge, WaterBridge | |
| Mar 2017 | $76,398 | Angel Round | $••••• | Neha Parakh |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2021 | $15.48M | •••••••• |
| Mar 2020 | $13.77M | •••••••• |
| Feb 2018 | $••••• | •••••••• |
Full valuation and stage history of Aayu
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $15.48M (Dec 2021). 23 investors in total: 9 institutional and 14 angel.
Investors in Aayu
Aayu has secured backing from 23 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Info Edge, Astarc Ventures and Rajasthan Venture Capital Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital investing, network building, and founder support services. | villageglobal.vc | |||
Investments in technology sectors are made by Earlsfield Capital. | earlsfieldcapital.com | London, United Kingdom | ||
Private equity firm focused on multiple sectors | Mumbai, India | |||
Early-stage tech investments are focused on by WaterBridge in India. | waterbridge.vc | Delhi, India | ||
Venture capital fund investing in multiple sectors | 2002 | rvcf.org | Jaipur, India | |
Seed-stage tech-focused VC firm investing in geographies such as Asia | 2015 | astarcventures.com | Mumbai, India | |
Early-stage tech startups are supported via venture capital and acceleration. | iimaventures.com | Ahmedabad, India | ||
Investment management firm serving high-net-worth individuals and families in India. | 2015 | aldercapital.in | Mumbai, India | |
A multi-group online classifieds company operating across diversified sectors | 1995 | infoedge.in | Delhi, India | |
UK Utkarsh Kalani | unknown_bb96941f739f48be8 |
Investor details for Aayu
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Medcords Healthcare Solutions Private Limited (Aayu)
Medcords Healthcare Solutions Private Limited is the primary company behind Aayu. The board of Medcords Healthcare Solutions Private Limited currently have 2 directors; the longest-serving is Shreyans Mehta, appointed in 2016. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shreyans Mehta DIN 07496505 | Director | 15 Sep 2016 | 10 yrs 1 mo | Medcords Healthcare Solutions Private Limited |
| Roshita Jain DIN 10357450 | Director | 01 Aug 2025 | 1 yr 3 mo | Medcords Healthcare Solutions Private Limited |
People of Aayu
5 people are tracked at Aayu (4 in leadership, 1 in team); the tracked headcount is 15.
| Name | Role | Group |
|---|---|---|
Saida Dhanavath | Co-Founder | Leadership |
Nikhil Baheti | Co-Founder | Leadership |
| Co-Founder | Leadership | |
Shreyans M | Founder | Leadership |
Shriya Jain | Growth And Marketing Specialist | Team |
Complete people profiles for Aayu
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Aayu
Figures of Medcords Healthcare Solutions Private Limited, the primary company behind Aayu, for FY 2025. Revenue was ₹92 Lakh (-67% year on year). Net loss was -₹65,346 (-1% margin). EBITDA was ₹13.2 Lakh (14% margin). Revenue has grown at a compounded annual rate of +2% over three years and +17% over five years.
- ₹92 LakhRevenue · FY 2025 · -67% YoY
- -₹65,346Net loss · -1% margin
- ₹13.2 LakhEBITDA · 14% margin
- ₹23.4 LakhPaid-up capital
- 15Employees (provident fund records)
- +2%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Medcords Healthcare Solutions Private Limited are on its company page.
Detailed financial statements for Aayu
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Aayu
4 dated milestones of Aayu across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Aayu is founded.
- Funding First funding round of $76K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $1.5M.
Competitors of Aayu
Aayu has 3 listed competitors in our database, 3 of them funded. They include MediBuddy, Practo and API Holdings.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| medibuddy.in | 2013 | Bengaluru, India | $193.12M | 1,192 | Online platform offering multiple healthcare services | |
| practo.com | 2008 | Bengaluru, India | $227.88M | Doctor appointments are booked and healthcare professionals are consulted online. | ||
| apiholdings.in | 2012 | Mumbai, India | $1.19B | 221 | Digital healthcare tools are offered for pharmacies and clinics management. |
Detailed competitors of Aayu
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Verified entity values are shown only after access is granted.
Web traffic of Aayu
The website of Aayu (aayu.app) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 28.2% vs previous month
Top companies in Health Monitoring & Wearables
3 companies that operate in the same segment as Aayu (Health Monitoring & Wearables) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Smartphone-enabled glucometers and diabetes management apps are provided. | 2015 | Delhi, Delhi, India | USD 50.83 M | USD 2.74 M | 142 | |
AI-powered EMR, EHR, and patient engagement solutions are provided. | 2020 | Bengaluru, Karnataka, India | USD 19.5 M | USD 3.36 M | 117 |
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Frequently Asked Questions about Aayu
Aayu was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Aayu is headquartered in Kota, India. It is registered at Kota, Rajasthan, India.
Aayu is a funded company, having raised a total of $5.28M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $76.4K, raised on Mar 2017.
Aayu has 15 employees.
The primary company behind Aayu, Medcords Healthcare Solutions Private Limited, reported revenue of ₹92 Lakh for FY 2025, down 67% year on year.
Healthcare needs are addressed by Aayu through a mobile app platform. Services including medicine delivery, doctor consultations, lab test bookings, and digital health record management are offered. The platform connects users with over 40,000 chemist stores and 5,000 specialist doctors across India. Solutions are provided in the digital health and telemedicine sectors, ensuring quick access to medical care and wellness products from the comfort of home.
Aayu's top competitors include MediBuddy, Practo and API Holdings.
Aayu offers Aayu App, Medicine Delivery, Doctor Consultation, Lab Tests, and Digital Health Records.
Aayu has 23 investors. Key investors include Info Edge, Astarc Ventures, Rajasthan Venture Capital Fund, Alder Capital, and Village Global.
The valuation of Aayu is $15.48M as of Dec 2021.
Aayu operates through Medcords Healthcare Solutions Private Limited.
The legal entities of Aayu currently have 2 directors, including Roshita Jain, Shreyans Mehta.