iMedilane

Delhi, India Founded: 2016 • Age: 10 yrs
Online site for placing lottery bets and winning prizes securely.

About iMedilane

iMedilane was a Consumer company based in Delhi (India) founded in 2016. Online site for placing lottery bets and winning prizes securely. It operates on a B2C and D2C model. iMedilane has raised $40 thousand across 1 funding round from investors including Nilender Chauhan, Mahendra Patel and Surya Patel. iMedilane was last valued at $266.66 thousand in April 2016. Its Indian entity 9 Networks Technology & Consulting Private Limited reported revenue of β‚Ή4.5 Lakh. The company is recorded as dissolved. iMedilane offers products and services including Toto Angka Jitu Platform and Promotions and Games. Its focus areas include Ecommerce Integration, Digital Services, Betting Platforms and Entertainment. Its competitors include Tata 1mg, Netmeds and Truemeds; 3 of its 3 listed competitors have raised funding.

Company details

JMTOTO operates as an online platform where users can place bets on lottery numbers and participate in games like Toto Angka Jitu. It facilitates transactions through a user-friendly interface, offering promotions and secure payouts for winnings. Based in Southeast Asia, it serves individual members with a focus on reliable payment of prizes and innovative features for daily engagement, ensuring a straightforward betting experience.

Key Metrics
  • Annual Revenue
    ₹4.5 Lakh

    FY 2017

  • Net Loss
    -₹12.8 Lakh

    FY 2017 · -282% margin

  • EBITDA
    -₹12.1 Lakh

    FY 2017 · -267% margin

  • Total Equity Funding
    $40K (USD)

    in 1 rounds

  • Latest Funding Round
    $40K (USD), Angel Round

    Apr 2016

Products & Services of iMedilane

iMedilane offers a comprehensive portfolio of products and services, including Toto Angka Jitu Platform and Promotions and Games.

Toto Angka Jitu Platform
Betting Service

Online tool for lottery number betting and prize claims.

Promotions and Games
Digital Entertainment

Features for daily lottery games and user rewards.

Funding Insights of iMedilane

iMedilane has successfully raised a total of $40K through 1 strategic funding round. The most recent funding activity was a Angel Round of $40 thousand completed in April 2016. 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 $40,000
  • Total Rounds 1
  • Last Round Angel Round β€” $40,000
  • First Round $40,000

    (Apr 2016)

  • Investors Count 3

All 1 funding rounds of iMedilane with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2016$40,000Angel Round$266,656Nilender Chauhan
Valuation history

Last known valuation $266,656 (Apr 2016). 3 investors in total: 0 institutional and 3 angel.

Investors in iMedilane

iMedilane has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Nilender Chauhan, Mahendra Patel and Surya Patel.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Nilender Chauhan

unknown_8db9785ac45a403f8

Mahendra Patel

unknown_5b1807414ad1488f9

Surya Patel

unknown_6cee2ca92c6e4f179
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Investor details for iMedilane

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

Board of directors of 9 Networks Technology & Consulting Private Limited (iMedilane)

9 Networks Technology & Consulting Private Limited is the primary company behind iMedilane. The board of 9 Networks Technology & Consulting Private Limited currently have 2 directors; the longest-serving is Khushboo Anand, appointed in 2015. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Khushboo Anand
DIN 07186384
Director18 May 201511 yrs 5 mo9 Networks Technology & Consulting Private Limited
Sunita Anand
DIN 08991275
Director11 Dec 20205 yrs 10 mo9 Networks Technology & Consulting Private Limited

Financials of iMedilane

Figures of 9 Networks Technology & Consulting Private Limited, the primary company behind iMedilane, for FY 2017. Revenue was ₹4.5 Lakh. Net loss was -₹12.8 Lakh (-282% margin). EBITDA was -₹12.1 Lakh (-267% margin).

  • ₹4.5 LakhRevenue · FY 2017
  • -₹12.8 LakhNet loss · -282% margin
  • -₹12.1 LakhEBITDA · -267% margin
  • ₹10 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of 9 Networks Technology & Consulting Private Limited are on its company page.

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Detailed financial statements for iMedilane

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of iMedilane

2 dated milestones of iMedilane, from founding to its latest funding, stage changes and deals.

  1. Founded iMedilane is founded.
  2. Funding First funding round of $40K.

Competitors of iMedilane

iMedilane has 3 listed competitors in our database, 3 of them funded. They include Tata 1mg, Netmeds and Truemeds.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
1mg.com2015Delhi, India$230.8M4,419
Provider of an online pharmacy with doctor listing and teleconsultation services
netmeds.com2015Chennai, India$109M988
Provider of an online store for medicines and healthcare products
truemeds.in2019Mumbai, India$112.97M345
Provider of an online pharmacy and telehealth platform
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Detailed competitors of iMedilane

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Verified entity values are shown only after access is granted.

Top companies in Gambling & Entertainment Platforms

3 companies that operate in the same segment as iMedilane (Gambling & Entertainment Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online skill-based games are developed across platforms and genres.
2010Delhi, Delhi, IndiaUSD 1.79 MUSD 166.95 M699
An online platform for skill-based gaming competitions is provided.
2019Gurugram, Haryana, IndiaUSD 25.96 MUSD 11.28 M39
Provider of online skill-based gaming platforms
2005Hyderabad, Telangana, IndiaUSD 81.87 MUSD 128.91 M529
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Related news about Imedilane

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Frequently Asked Questions about iMedilane

iMedilane was founded in 2016.

iMedilane is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

iMedilane is a funded company, having raised a total of $40K across 1 funding round to date. The company's 1st funding round was a Angel Round of $40K, raised on Apr 2016.

The primary company behind iMedilane, 9 Networks Technology & Consulting Private Limited, reported revenue of β‚Ή4.5 Lakh for FY 2017.

JMTOTO operates as an online platform where users can place bets on lottery numbers and participate in games like Toto Angka Jitu. It facilitates transactions through a user-friendly interface, offering promotions and secure payouts for winnings. Based in Southeast Asia, it serves individual members with a focus on reliable payment of prizes and innovative features for daily engagement, ensuring a straightforward betting experience.

iMedilane's top competitors include Tata 1mg, Truemeds and Netmeds.

iMedilane offers Toto Angka Jitu Platform and Promotions and Games.

iMedilane has 3 investors. Key investors include Nilender Chauhan, Mahendra Patel, and Surya Patel.

The valuation of iMedilane is $266.66K as of Apr 2016.

iMedilane operates through 9 Networks Technology & Consulting Private Limited.

The legal entities of iMedilane currently have 2 directors, including Sunita Anand, Khushboo Anand.

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