About InstaMed
InstaMed is a Healthcare company based in Mumbai (India) founded in 2021 by Shikhar Agrawal and Anmol Sharma. Medicines are delivered through an online e-commerce platform. It operates on a Direct-to-Consumer (D2C) and On-Demand Services model. InstaMed has raised $198.99 thousand across 2 funding rounds from investors including We Founder Circle. The company has 36 employees. Its website instamed.in draws about 17 thousand monthly visits. Its Indian entity Anahad Pharma Private Limited reported revenue of ₹10.41 Cr. InstaMed offers products and services including Medicine Delivery, Personal Care Products, and Ayurvedic Products. Its focus areas include Online Pharmacy and Medicine Delivery. Its competitors include Farmako, Plazza and BharatMed; 2 of its 3 listed competitors have raised funding.
Company details
InstaMed is established as Indias leading online pharmacy, focusing on rapid medicine delivery within 30 minutes. Services are extended to various healthcare categories including personal care, ayurvedic products, diabetic care, vitamins, supplements, and super speciality health products. Operations are centered on providing affordable and accessible healthcare solutions across India.
- Headquarters Mumbai, India
- Employees 36
- Founders Shikhar Agrawal, Anmol Sharma
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website instamed.in
- Social LinkedIn Instagram
- Legal Name Anahad Pharma Private Limited
- Date of Incorporation 03 Jan, 2022
- Jurisdiction Delhi, India
- Annual Revenue₹10.41 Cr
FY 2023
- Net Loss-₹39.7 Lakh
FY 2023 · -4% margin
- EBITDA-₹10.8 Lakh
FY 2023 · -1% margin
- Total Equity Funding$198.99K (USD)
in 2 rounds
- Investors
- Employee Count36
Associated legal entities of InstaMed
InstaMed operates through Anahad Pharma Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Anahad Pharma Private Limited CIN U85100DL2022PTC391934 | Active | 03 Jan 2022 | Delhi, Delhi | ₹10.4 Cr | 36 | 3 | View details |
Products & Services of InstaMed
InstaMed offers a comprehensive portfolio of products and services, including Medicine Delivery, Personal Care Products, and Ayurvedic Products.
Medicines are delivered quickly across India within minutes.
Personal care items are offered for daily needs.
Ayurvedic solutions are provided for natural health care.
Funding Insights of InstaMed
InstaMed has successfully raised a total of $198.99K across 2 strategic funding rounds. 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 $198,994
- Total Rounds 2
- Investors Count 1
All 2 funding rounds of InstaMed 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 |
|---|---|---|---|---|---|
| May 2022 | Seed | – | – | ||
| Apr 2022 | $198,994 | Seed | – | We Founder Circle | – |
1 investors in total: 1 institutional.
Investors in InstaMed
InstaMed has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include We Founder Circle.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in early-stage startups and global community support. | 2020 | wefoundercircle.com | Mumbai, India |
Investor details for InstaMed
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 Anahad Pharma Private Limited (InstaMed)
Anahad Pharma Private Limited is the primary company behind InstaMed. The board of Anahad Pharma Private Limited currently have 3 directors; the longest-serving is Shikhar Agrawal, appointed in 2022. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shikhar Agrawal DIN 08340834 | Director | 03 Jan 2022 | 4 yrs 9 mo | Anahad Pharma Private Limited |
| Pranjal Trivedi DIN 08687059 | Director | 27 Nov 2023 | 2 yrs 11 mo | Anahad Pharma Private Limited |
| Prashansa Agrawal DIN 10379402 | Director | 28 Oct 2025 | 1 yr | Anahad Pharma Private Limited |
People of InstaMed
2 people are tracked at InstaMed (2 in leadership); the tracked headcount is 36.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Anmol Sharma | Co-Founder | Leadership |
Complete people profiles for InstaMed
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- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of InstaMed
Figures of Anahad Pharma Private Limited, the primary company behind InstaMed, for FY 2023. Revenue was ₹10.41 Cr. Net loss was -₹39.7 Lakh (-4% margin). EBITDA was -₹10.8 Lakh (-1% margin).
- ₹10.41 CrRevenue · FY 2023
- -₹39.7 LakhNet loss · -4% margin
- -₹10.8 LakhEBITDA · -1% margin
- ₹9.8 LakhPaid-up capital
- 36Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Anahad Pharma Private Limited are on its company page.
Detailed financial statements for InstaMed
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of InstaMed
3 dated milestones of InstaMed across 1 years, from founding to its latest funding, stage changes and deals.
- Founded InstaMed is founded.
- Funding First funding round.
- Funding Latest funding round, Seed,.
Competitors of InstaMed
InstaMed has 3 listed competitors in our database, 2 of them funded. They include Farmako, Plazza and BharatMed.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| farmako.in | 2019 | Roorkee, India | $3.1M | 63 | Ultra-fast medicine delivery and health services are provided by Farmako. | |
| plazza.in | 2024 | Bengaluru, India | $1.24M | Medications and supplements are delivered ultra-fast via an online platform. | ||
| bharatmed.ai | 2023 | Pune, India | Online platform for medicine ordering with free home delivery services. |
Detailed competitors of InstaMed
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 InstaMed
The website of InstaMed (instamed.in) receives about 17.2K visits a month.
- Monthly visits17.2K
▲ 49.6% vs previous month
Websites whose visitors overlap most with InstaMed. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| imedicart.com | 100% | #328,294 | View details | ||
drugcarts.com | drugcarts.com | 99% | #769,253 | – | |
| medicoexpress.com | 97% | 1K | #15,273,848 | View details | |
| adyahpharmaceuticals.org | 96% | #6,064,181 | View details | ||
| easymedicines.in | 94% | #6,733,818 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for InstaMed
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- 12 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Digital Health & Telemedicine
3 companies that operate in the same segment as InstaMed (Digital Health & Telemedicine) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of an online pharmacy with doctor listing and teleconsultation services | 2015 | Delhi, Delhi, India | USD 199.65 M | USD 328.97 M | 5,212 | |
Online platform offering multiple healthcare services | 2013 | Bengaluru, Karnataka, India | USD 199.22 M | USD 62.4 M | 52 | |
An online marketplace for healthcare products is operated. | 2011 | Kolkata, West Bengal, India | USD 38.26 M |
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Frequently Asked Questions about InstaMed
InstaMed was founded in 2021 and raised its 1st funding round 1 year after it was founded.
InstaMed is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
InstaMed is a funded company, having raised a total of $198.99K across 2 funding rounds to date. The company's 1st funding round was a Seed of $198.99K, raised on Apr 2022.
InstaMed has 36 employees.
The primary company behind InstaMed, Anahad Pharma Private Limited, reported revenue of ₹10.41 Cr for FY 2023.
InstaMed is established as Indias leading online pharmacy, focusing on rapid medicine delivery within 30 minutes. Services are extended to various healthcare categories including personal care, ayurvedic products, diabetic care, vitamins, supplements, and super speciality health products. Operations are centered on providing affordable and accessible healthcare solutions across India.
InstaMed offers Medicine Delivery, Personal Care Products, and Ayurvedic Products.
InstaMed has 1 investor. Key investors include We Founder Circle.
InstaMed operates through Anahad Pharma Private Limited.
The legal entities of InstaMed currently have 3 directors, including Shikhar Agrawal, Prashansa Agrawal, Pranjal Trivedi.