InstaMed

Mumbai, India Founded: 2021 • Age: 5 yrs
Medicines are delivered through an online e-commerce platform.
Annual revenue $1.3M Latest available
Total funding - 2 rounds
Employees 36 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 5 Brand Intelligence

About InstaMed

InstaMed is a company based in Mumbai (India) founded in 2021 by Shikhar Agrawal and Anmol Sharma. It operates as a Direct-to-Consumer (D2C) and On-Demand Services. The company has 36 employees as of April 09, 2024. InstaMed offers products and services including Medicine Delivery, Personal Care Products, and Ayurvedic Products. InstaMed operates in a competitive market with competitors including Farmako, Plazza, BharatMed, FORMIS and Medzo Online Pharmacy, among others.

  • Headquarter Mumbai, India
  • Employees 36 as on 09 Apr, 2024
  • Founders Shikhar Agrawal, Anmol Sharma
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Anahad Pharma Private Limited
  • Date of Incorporation 03 Jan, 2022
  • Jurisdiction Delhi, Delhi, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.25 M (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    -$47.69 K (USD)
    0
    as on Mar 31, 2023
  • EBITDA
    -$495.87 K (USD)
    0
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    36

    as on Apr 09, 2024

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Products & Services of InstaMed

InstaMed offers a comprehensive portfolio of products and services, including Medicine Delivery, Personal Care Products, and Ayurvedic Products.

Product name locked
Category locked
Primary

Medicines are delivered quickly across India within minutes.

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Personal care items are offered for daily needs.

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Ayurvedic solutions are provided for natural health care.

Funding Insights of InstaMed

Investors in InstaMed

InstaMed has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include We Founder Circle.

All
Venture Fund
Investor Description Founded Year Domain Location
Investment in early-stage startups and global community support.
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Investor details for InstaMed

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by InstaMed

Investments
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Investment portfolio details for InstaMed

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Financial Statements - InstaMed

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Detailed financials for InstaMed

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  • Historical revenue
  • Profit trends
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Instamed Comparisons

InstaMed Primary company
Description
Medicines are delivered through an online e-commerce platfor...
Location
Mumbai, India
Founded Year
2021
Annual Revenue
$1.25 M (USD)
Net Profit
-$47.69 K (USD)
EBITDA
-$495.87 K (USD)
Employees
36
As of 2024
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Peer comparison for InstaMed

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of InstaMed

InstaMed 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 Farmako, Plazza, BharatMed, FORMIS and Medzo Online Pharmacy, among others.

Company Name Domain Founded year HQ Location Description
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Ultra-fast medicine delivery and health services are provided by Farmako.
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Medications and supplements are delivered ultra-fast via an online platform.
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Online platform for medicine ordering with free home delivery services.
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Delivers comprehensive solutions for healthcare delivery and operations.
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Medzo provides an app for ordering medicines with fast doorstep delivery services.
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Detailed competitors of InstaMed

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Latest news on Instamed

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Complete news archive for InstaMed

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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.

As of Apr 09, 2024, the latest employee count at InstaMed is 36.

Annual revenue of InstaMed is $1.25M as on Mar 31, 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's top competitors include Farmako, Plazza and BharatMed.

InstaMed offers Medicine Delivery, Personal Care Products, and Ayurvedic Products.

InstaMed has 1 investor. Key investors include We Founder Circle.

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