About Buysm
Buysm is a Consumer company based in Mumbai (India) founded in 2018. Online pharmacy selling specialty medicines with fast delivery services. It operates on a B2C and D2C model. The company has 8 employees. Its Indian entity Spemed Techno Private Limited reported revenue of ₹86 Lakh. Buysm offers products and services including Specialty Medicines Platform, Anti-Cancer Medicines, and Anti-Viral Medicines. Its focus areas include Ecommerce, Health and Wellness and Online Pharmacy. Similar companies include Tata 1mg, Netmeds and Truemeds; 3 of its 3 listed similar companies have raised funding.
Company details
BuySM operates as an online platform for purchasing specialty medicines, including anti-cancer and anti-viral drugs. It ensures genuine products through transparent sourcing and provides secure payments, fast delivery across India, and customer support. Based in Mumbai, the company serves individuals needing treatments for chronic diseases like cancer and kidney disorders, focusing on reliable access and competitive pricing.
- Headquarters Mumbai, India
- Employees 8
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website buysm.com
- Social X Facebook Instagram
- Legal Name Spemed Techno Private Limited
- Date of Incorporation 16 Jan, 2018
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹86 Lakh
FY 2024 · +153% YoY
- Net Profit₹60,116
FY 2024 · 1% margin
- EBITDA₹83,286
FY 2024 · 1% margin
- Employee Count8
Associated legal entities of Buysm
Buysm operates through Spemed Techno Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Spemed Techno Private Limited CIN U52609GJ2018PTC100565 | Active | 16 Jan 2018 | Ahmedabad, Gujarat | ₹0.9 Cr | 8 | 2 | View details |
Products & Services of Buysm
Buysm offers a comprehensive portfolio of products and services, including Specialty Medicines Platform, Anti-Cancer Medicines, and Anti-Viral Medicines.
Online service for buying specialty medicines like anti-cancer drugs
Medicines for cancer treatment with fast and secure delivery
Treatments for viral diseases via online ordering
Board of directors of Spemed Techno Private Limited (Buysm)
Spemed Techno Private Limited is the primary company behind Buysm. The board of Spemed Techno Private Limited currently have 2 directors; the longest-serving is Parthkumar Babulal Goyani, appointed in 2018. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Parthkumar Babulal Goyani DIN 07885789 | Director | 16 Jan 2018 | 8 yrs 9 mo | Spemed Techno Private Limited |
| Sumit Babubhai Goyani DIN 07885780 | Director | 25 Sep 2021 | 5 yrs | Spemed Techno Private Limited |
Financials of Buysm
Figures of Spemed Techno Private Limited, the primary company behind Buysm, for FY 2024. Revenue was ₹86 Lakh (+153% year on year). Net profit was ₹60,116 (1% margin). EBITDA was ₹83,286 (1% margin). Revenue has grown at a compounded annual rate of -47% over three years and -37% over five years.
- ₹86 LakhRevenue · FY 2024 · +153% YoY
- ₹60,116Net profit · 1% margin
- ₹83,286EBITDA · 1% margin
- ₹1 LakhPaid-up capital
- 8Employees (provident fund records)
- -47%Revenue CAGR, 3 years
- -37%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Spemed Techno Private Limited are on its company page.
Detailed financial statements for Buysm
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.
Similar companies to Buysm
Buysm has 3 listed similar companies in our database, 3 of them funded. They include Tata 1mg, Netmeds and Truemeds.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 1mg.com | 2015 | Delhi, India | $230.8M | 4,419 | Provider of an online pharmacy with doctor listing and teleconsultation services | |
| netmeds.com | 2015 | Chennai, India | $109M | 988 | Provider of an online store for medicines and healthcare products | |
| truemeds.in | 2019 | Mumbai, India | $112.97M | 345 | Provider of an online pharmacy and telehealth platform |
Detailed similar companies of Buysm
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 Buysm
The website of Buysm (buysm.com) receives about 2.1K visits a month.
- Monthly visits2.1K
▼ 27% vs previous month
Top companies in Beauty & Personal Care Products
3 companies that operate in the same segment as Buysm (Beauty & Personal Care Products) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering a wide range of baby, kids, and maternity products | 2010 | Pune, Maharashtra, India | USD 513.39 M | USD 911.07 M | 3,752 | |
Online brand offering mens grooming products | 2015 | Gurugram, Haryana, India | USD 52.66 M | |||
Retailer of perfumes, cosmetics, skincare, and related gift set items | 2012 | Gurugram, Haryana, India | USD 58.54 M |
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
Frequently Asked Questions about Buysm
Buysm was founded in 2018.
Buysm is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Buysm has 8 employees.
The primary company behind Buysm, Spemed Techno Private Limited, reported revenue of ₹86 Lakh for FY 2024, up 153% year on year.
BuySM operates as an online platform for purchasing specialty medicines, including anti-cancer and anti-viral drugs. It ensures genuine products through transparent sourcing and provides secure payments, fast delivery across India, and customer support. Based in Mumbai, the company serves individuals needing treatments for chronic diseases like cancer and kidney disorders, focusing on reliable access and competitive pricing.
Buysm offers Specialty Medicines Platform, Anti-Cancer Medicines, and Anti-Viral Medicines.
Buysm operates through Spemed Techno Private Limited.
The legal entities of Buysm currently have 2 directors, including Sumit Babubhai Goyani, Parthkumar Babulal Goyani.