About Alpha MD
Alpha MD is a Healthcare company based in Mumbai (India) founded in 2015 by Vijayalakshmi Balakrishnan, Jiggs Barasara, and Debu Purkayastha. Alpha MD is engaged in providing innovative healthcare products and services. It operates on a HealthTech and Professional Services model. Alpha MD has raised $5.31 million across 7 funding rounds from investors including Ashish Parthasarthy. The company has 37 employees. Alpha MD was last valued at $5.89 million in June 2021. Its chief executive is Jiggs Barasara. Its Indian entity Alpha Md Private Limited reported revenue of ₹5.82 Cr. Alpha MD offers products and services including AMDHA, ARHA, Liberate Pro, Coggi, and Consultancy. Its focus areas include Medical Technology and HealthTech Solutions. Its competitors include WuXi AppTec, Eurofins Scientific, Ipsen, ANI Pharmaceuticals and Red Nucleus and 4 more; 2 of its 9 listed competitors have raised funding.
Company details
Alpha MD is focused on delivering innovative healthcare products and services aimed at empowering patients and enabling clinicians. The company operates in the healthcare sector, offering solutions like AMDHA, ARHA, Liberate Pro, and Coggi to improve health outcomes. Services such as consultancy are provided to support industry compliance and efficiency in clinical trials. The mission is centered on ensuring access to affordable healthcare for all, whether in remote or urban areas, while simplifying administrative processes for clinicians.
- Headquarters Mumbai, India
- Employees 37
- Founders Vijayalakshmi Balakrishnan, Jiggs Barasara, Debu Purkayastha
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website alphamd.com
- Social LinkedIn X Instagram
- Legal Name Alpha Md Private Limited
- Date of Incorporation 25 Jul, 2014
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹5.82 Cr
FY 2025 · +240% YoY
- Net Loss-₹2.79 Cr
FY 2025 · -48% margin
- EBITDA-₹76.9 Lakh
FY 2025 · -13% margin
- Total Equity Funding$5.31M (USD)
in 7 rounds
- Latest Funding Round$102.46K (USD), Angel Round
Jun 2021
- Employee Count37
Associated legal entities of Alpha MD
Alpha MD operates through Alpha Md 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 |
|---|---|---|---|---|---|---|---|
| Alpha Md Private Limited CIN U74999MH2014PTC256560 | Active | 25 Jul 2014 | Mumbai, Maharashtra | ₹5.8 Cr | 37 | 2 | View details |
Products & Services of Alpha MD
Alpha MD offers a comprehensive portfolio of products and services, including AMDHA, ARHA, Liberate Pro, Coggi, and Consultancy.
Healthcare product designed to empower patients and clinicians.
Product aimed at improving patient and clinician experience.
Solution created to support healthcare delivery for users.
Tool developed to enhance healthcare access and efficiency.
Service provided to support healthcare industry compliance needs.
Funding Insights of Alpha MD
Alpha MD has successfully raised a total of $5.31M across 7 strategic funding rounds. The most recent funding activity was a Angel Round of $102.46 thousand completed in June 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 $5.31M
- Total Rounds 7
- Last Round Angel Round — $102,457
- First Round $1.52M
(Dec 2015)
- Investors Count 1
All 7 funding rounds of Alpha MD 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 |
|---|---|---|---|---|---|
| Jun 2021 | $102,457 | Angel Round | $5.89M | – | – |
| Jun 2020 | $587,707 | Angel Round | $5.6M | – | – |
| May 2019 | $434,314 | Angel Round | $••••• | – | – |
| May 2018 | $1.65M | Angel Round | – | Ashish Parthasarthy | – |
| Apr 2017 | $477,156 | Angel Round | $••••• | – | – |
| May 2016 | $545,696 | Angel Round | $••••• | – | – |
| Dec 2015 | $1.52M | Angel Round | $••••• | Ashish Parthasarthy | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2021 | $5.89M | •••••••• |
| Jun 2020 | $5.6M | •••••••• |
| May 2019 | $••••• | •••••••• |
| Apr 2017 | $••••• | •••••••• |
| May 2016 | $••••• | •••••••• |
| Dec 2015 | $••••• | •••••••• |
Full valuation and stage history of Alpha MD
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $5.89M (Jun 2021). 1 investors in total: 0 institutional and 1 angel.
Investors in Alpha MD
Alpha MD has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Ashish Parthasarthy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AP Ashish Parthasarthy | - | – | unknown_05aaf2ba833e45f88 | - |
Investor details for Alpha MD
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Alpha Md Private Limited (Alpha MD)
Alpha Md Private Limited is the primary company behind Alpha MD. The board of Alpha Md Private Limited currently have 2 directors; the longest-serving is Jignesh Duleray Barasara, appointed in 2014. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jignesh Duleray Barasara DIN 06520534 | Director | 25 Jul 2014 | 12 yrs 2 mo | Alpha Md Private Limited |
| Vijayalakshmi Maniyamparambil Balkrishnan DIN 09133954 | Director | 05 Apr 2021 | 5 yrs 6 mo | Alpha Md Private Limited |
People of Alpha MD
7 people are tracked at Alpha MD (6 in leadership, 1 in team); the tracked headcount is 37.
| Name | Role | Group |
|---|---|---|
Vijayalakshmi Balakrishnan | Co-Founder | Leadership |
Jiggs Barasara | Co-Founder & CEO | Leadership |
Debu Purkayastha | Co-Founder & CSO | Leadership |
Balvvant Singh Bisht | Chief Technology Officer | Leadership |
| CEO | Leadership | |
Douglas Barrett | Head Of Business Development | Leadership |
Kumkum Chauhan | Technical Lead At Alphamd | Team |
Complete people profiles for Alpha MD
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Alpha MD
Figures of Alpha Md Private Limited, the primary company behind Alpha MD, for FY 2025. Revenue was ₹5.82 Cr (+240% year on year). Net loss was -₹2.79 Cr (-48% margin). EBITDA was -₹76.9 Lakh (-13% margin). Revenue has grown at a compounded annual rate of +51% over three years and +45% over five years.
- ₹5.82 CrRevenue · FY 2025 · +240% YoY
- -₹2.79 CrNet loss · -48% margin
- -₹76.9 LakhEBITDA · -13% margin
- ₹1.9 LakhPaid-up capital
- 37Employees (provident fund records)
- +51%Revenue CAGR, 3 years
- +45%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Alpha Md Private Limited are on its company page.
Detailed financial statements for Alpha MD
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Alpha MD
4 dated milestones of Alpha MD across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Alpha MD is founded.
- Funding First funding round of $1.5M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $102K.
Competitors of Alpha MD
Alpha MD has 9 listed competitors in our database, 2 of them funded. They include WuXi AppTec, Eurofins Scientific, Ipsen, ANI Pharmaceuticals and Red Nucleus, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wuxiapptec.com | 2000 | Shanghai, China | $40M | 1,681 | Provider of CRO and CDMO services | |
| eurofins.com | 1987 | Luxembourg | – | – | Laboratory testing and contract research services are provided globally. | |
| ipsen.com | 1929 | – | – | 505 | Biopharmaceutical company focused on developing and commercializing innovative treatments in oncology, rare disease, and neuroscience to improve patient health outcomes | |
| anipharmaceuticals.com | 1996 | Baudette, United States | – | 600 | Branded and generic prescription drugs are developed, manufactured, and marketed. | |
| rednucleus.com | 2014 | Yardley, United States | – | 176 | Advisory, scientific, and medical communications provided for pharmaceutical industry. | |
| aptar.com | 1992 | Crystal Lake, United States | – | 232 | Regulatory support, brand differentiation, and prototyping services are provided. | |
| cheplapharm.com | 1998 | Mesekenhagen, Germany | – | 840 | Branded pharmaceutical products are developed, marketed, and distributed globally. | |
| aliadatx.com | 2021 | Boston, United States | $33M | – | Provider of drug research & development services for multiple therapeutic areas | |
| cms.net.cn | 1992 | Shenzhen, China | – | – | Generic formulations including tablets, capsules, liquids, and injectables are manufactured. |
Detailed competitors of Alpha MD
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Alpha MD
The website of Alpha MD (alphamd.com) receives about 2.9K visits a month.
- Monthly visits2.9K
▼ 5% vs previous month
Websites whose visitors overlap most with Alpha MD. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| orchahealth.com | 100% | 16.1K | #1,548,202 | View details |
Top companies in Biopharma Outsourcing & Drug Delivery
10 companies that operate in the same segment as Alpha MD (Biopharma Outsourcing & Drug Delivery), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of integrated contract research development and manufacturing services | 2007 | Bengaluru, Karnataka, India | USD 35.74 M | USD 226.38 M | 1,820 | |
Drug discovery and development services are provided to biopharma sector. | 1993 | Hamburg, Hamburg, Germany | USD 25 M | USD 926.33 M | 4,830 | |
Drug discovery and development services for small molecules are provided. | 2003 | Beijing, China | USD 320 M | – | 476 | |
Suite solutions are provided for payers and healthcare providers. | 1998 | Princeton, New Jersey, United States | USD 220 M | USD 374.1 M | 4,490 | |
Wearable insulin infusion systems are developed for diabetes patients. | 2000 | Boston, Massachusetts, United States | USD 120.4 M | USD 2.71 B | 3,900 | |
Developer of small-molecule drugs | 1991 | Los Angeles, California, United States | USD 50 M | USD 348.97 M | 407 | |
Pharmaceutical and biotechnology company | 2005 | Hyderabad, Telangana, India | USD 229.73 M | USD 726.15 M | 12,470 | |
Pharmaceutical products for treating multiple diseases are provided. | 1849 | New York, New York, United States | USD 8 M | USD 266.99 M | 1,770 | |
Provider of laboratory tests for physicians | 1969 | Burlington, Vermont, United States | – | USD 13.95 B | 70,000 | |
India's leading healthcare products distribution platform | 2018 | Mumbai, Maharashtra, India | USD 59.67 M | USD 702.49 M | 4,260 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Alpha Md
Complete news archive for Alpha MD
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Alpha MD
Alpha MD was founded in 2015.
Alpha MD is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Jiggs Barasara is the current CEO of Alpha MD. They have also founded this company.
Alpha MD is a funded company, having raised a total of $5.31M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $1.52M, raised on Dec 2015.
Alpha MD has 37 employees.
The primary company behind Alpha MD, Alpha Md Private Limited, reported revenue of ₹5.82 Cr for FY 2025, up 240% year on year.
Alpha MD is focused on delivering innovative healthcare products and services aimed at empowering patients and enabling clinicians. The company operates in the healthcare sector, offering solutions like AMDHA, ARHA, Liberate Pro, and Coggi to improve health outcomes. Services such as consultancy are provided to support industry compliance and efficiency in clinical trials. The mission is centered on ensuring access to affordable healthcare for all, whether in remote or urban areas, while simplifying administrative processes for clinicians.
Alpha MD's top competitors include WuXi AppTec, ANI Pharmaceuticals and Aptar.
Alpha MD offers AMDHA, ARHA, Liberate Pro, Coggi, and Consultancy.
Alpha MD has 1 investor. Key investors include Ashish Parthasarthy.
The valuation of Alpha MD is $5.89M as of Jun 2021.
Alpha MD operates through Alpha Md Private Limited.