Digi-Prex

Hyderabad, India Founded: 2019 • Age: 7 yrs
Prescriptions are uploaded online for medicine delivery and reordering.
Annual revenue $18.7M Latest available
Total funding $5.5M 1 rounds
Employees 7 Tracked headcount
Investors 9 Known backers
Products 2 Services tracked
Competitors 4 Brand Intelligence

About Digi-Prex

Digi-Prex is a company based in Hyderabad (India) founded in 2019. Digi-Prex has raised $5.5 million across 1 funding round from investors including Khosla Ventures, Soma Capital and Justin Mateen. The company has 7 employees as of March 27, 2024. Digi-Prex offers products and services including Medication Delivery Service and Reordering Platform. Digi-Prex operates in a competitive market with competitors including MetroMedi, Pharmallama and Apkamedical, among others.

  • Headquarter Hyderabad, India
  • Employees 7 as on 27 Mar, 2024
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ricaria Support Services Private Limited
  • Date of Incorporation 28 May, 2018
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $18.74 M (USD)
    496.9
    as on Mar 31, 2023
  • Net Profit
    $75.99 K (USD)
    134.37
    as on Mar 31, 2023
  • EBITDA
    $15.75 K (USD)
    105.65
    as on Mar 31, 2023
  • Total Equity Funding
    $5.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5.5 M (USD), Seed

    Sep 23, 2019

  • Investors
  • Employee Count
    7

    as on Mar 27, 2024

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Products & Services of Digi-Prex

Digi-Prex offers a comprehensive portfolio of products and services, including Medication Delivery Service and Reordering Platform.

Product name locked
Category locked
Primary

Delivers monthly medication supplies with free home delivery and reordering.

Product name locked
Category locked
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Enables automatic reordering and reminders for regular medications.

People of Digi-Prex

Headcount 200-500
Employee Profiles 3
Employee Profiles
People
Samarth Sindhi
Founder (Y Combinator S'19)
People
Niraj Gupta
Chief Technology Officer
People
M.Edwin Moses
Business Development Manager

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Funding Insights of Digi-Prex

Digi-Prex has successfully raised a total of $5.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $5.5 million completed in September 2019. 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.

Investors in Digi-Prex

Digi-Prex has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Khosla Ventures, Soma Capital and Justin Mateen.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Early-stage investments are provided by Soma Capital to startups.
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Investments in multiple sectors are made by Pioneer Fund.
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Venture capital fund focused on seed-stage investment in multiple sectors
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Investor details for Digi-Prex

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Investments & Acquisitions by Digi-Prex

Investments
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Investment portfolio details for Digi-Prex

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Financial Statements - Digi-Prex

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Detailed financials for Digi-Prex

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Digi-Prex Comparisons

Digi-Prex Primary company
Description
Prescriptions are uploaded online for medicine delivery and ...
Location
Hyderabad, India
Founded Year
2019
Annual Revenue
$18.74 M (USD)
Net Profit
$75.99 K (USD)
EBITDA
$15.75 K (USD)
Employees
7
As of 2024
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Peer comparison for Digi-Prex

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Competitors of Digi-Prex

Digi-Prex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MetroMedi, Pharmallama and Apkamedical, among others.

Company Name Domain Founded year HQ Location Description
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Online drug store products for healthcare and nutrition are provided.
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Online platform for the purchase of medicines
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Operates a digital marketplace for online medicine purchases.
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Detailed competitors of Digi-Prex

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Latest news on Digi-Prex

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Complete news archive for Digi-Prex

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Frequently Asked Questions about Digi-Prex

Digi-Prex was founded in 2019.

Digi-Prex is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Digi-Prex is a funded company, having raised a total of $5.5M across 1 funding round to date.

As of Mar 27, 2024, the latest employee count at Digi-Prex is 7.

Annual revenue of Digi-Prex is $18.74M as on Mar 31, 2023.

Digi-Prex was founded in 2019 in Hyderabad, India, as an online pharmacy platform in the healthcare sector. Prescriptions are uploaded by users, after which medicines are delivered to specified addresses. Reordering is facilitated through a dedicated option, while reminders are provided for medication planning and refill purchases. Rewards are offered for refills and friend referrals, supporting user engagement in the service.

Digi-Prex's top competitors include MetroMedi, Pharmallama and Apkamedical.

Digi-Prex offers Medication Delivery Service and Reordering Platform.

Digi-Prex has 9 investors. Key investors include Khosla Ventures, Soma Capital, Justin Mateen, Pioneer Fund, and Liquid 2 Ventures.

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