About LaunchMyDrug
LaunchMyDrug is a company based in Mumbai (India). It operates as a B2B. LaunchMyDrug operates in a competitive market with competitors including IndiaMART, Moglix, Udaan, Solv and ProcMart, among others.
- Headquarter Mumbai, India
- SectorsHealthcare
- Website launchmydrug.com
- Legal Name Launchmydrug Technologies Private Limited
- Date of Incorporation 16 Feb, 2017
- Jurisdiction Sewree, Mumbai, Maharashtra, India
- Net Loss-₹9,167
FY 2023 · 0% margin
- EBITDA-₹9,167
FY 2023 · 0% margin
Associated legal entities of LaunchMyDrug
LaunchMyDrug operates through Launchmydrug Technologies Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Launchmydrug Technologies Private Limited CIN U72900MH2017PTC291283 | Strike Off | 16 Feb 2017 | Mumbai, Maharashtra | – | – | 4 | View details |
Board of directors of Launchmydrug Technologies Private Limited (LaunchMyDrug)
Launchmydrug Technologies Private Limited is the primary company behind LaunchMyDrug. The board of Launchmydrug Technologies Private Limited currently have 4 directors; the longest-serving is Kaushal Ketan Shah, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kaushal Ketan Shah DIN 06947926 | Director | 16 Feb 2017 | 9 yrs 7 mo | Launchmydrug Technologies Private Limited |
| Pooja Kaushal Shah DIN 07016852 | Director | 16 Feb 2017 | 9 yrs 7 mo | Launchmydrug Technologies Private Limited |
| Abhijit Govindrao Kale DIN 03398414 | Director | 27 Feb 2018 | 8 yrs 7 mo | Launchmydrug Technologies Private Limited |
| Salim Sadiq Shaikh DIN 03398407 | Director | 27 Feb 2018 | 8 yrs 7 mo | Launchmydrug Technologies Private Limited |
Financials of LaunchMyDrug
Figures of Launchmydrug Technologies Private Limited, the primary company behind LaunchMyDrug, for FY 2023. Net loss was -₹9,167 (0% margin). EBITDA was -₹9,167 (0% margin). Revenue has grown at a compounded annual rate of -100% over three years.
- -₹9,167Net loss · 0% margin
- -₹9,167EBITDA · 0% margin
- ₹27 LakhPaid-up capital
- -100%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Launchmydrug Technologies Private Limited are on its company page.
Detailed financial statements for LaunchMyDrug
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Competitors of LaunchMyDrug
LaunchMyDrug 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 IndiaMART, Moglix, Udaan, Solv and ProcMart, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| indiamart.com | 1999 | Noida, India | $37.24M | 3,623 | Online B2B marketplace connecting buyers and suppliers of diverse industrial products | |
| moglix.com | 2015 | Singapore | $470.85M | 4,166 | Multi-category products are supplied via a B2B marketplace platform. | |
| udaan.com | 2016 | Bengaluru, India | $1.87B | 1,791 | Online marketplace offering multi-category products | |
| solvezy.com | 2019 | Bengaluru, India | $40M | 412 | A B2B e-commerce platform is operated for MSMEs in India. | |
| procmart.com | 2015 | Noida, India | $40.25M | 423 | Online platform offering procurement and supply chain solutions | |
| tradeindia.com | 1996 | Noida, India | – | 1,213 | Multi-category products are facilitated via a B2B marketplace platform. | |
| wcubeindia.com | 2019 | Gurugram, India | $856,800 | 55 | B2B procurement marketplace is operated for mid-sized enterprises. | |
| anar.biz | 2019 | Mumbai, India | $6.46M | 15 | Provider of B2B marketplace platform offering products |
Detailed competitors of LaunchMyDrug
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- Full competitor set
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Similar companies to LaunchMyDrug
10 companies that operate in the same segment as LaunchMyDrug (Pharmaceuticals & Distribution), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Pharmaceutical products are manufactured and marketed worldwide. | 1891 | Kenilworth, Warwickshire, United Kingdom | – | USD 64.93 B | 781 | |
Therapeutics for neurology, oncology, rare, and endocrinology diseases are developed. | 2014 | New York, New York, United States | USD 1.3 B | USD 8.26 M | 750 | |
Developer of pharmaceutical products for treating multiple diseases | 1980 | Thousand Oaks, California, United States | – | USD 33.23 B | 28,000 | |
Biopharmaceutical research and drug development are conducted globally by AbbVie. | 2012 | Chicago, Illinois, United States | – | USD 61.16 B | 55,000 | |
Traditional pharmaceutical medicines are developed for multiple health fields. | 1876 | United States | – | USD 65.18 B | 47,000 | |
Developer of medicines to treat HIV/AIDS, liver diseases, cancer & others | 1987 | Foster City, California, United States | – | USD 29.45 B | 17,600 | |
Novel therapeutics are discovered using an AI-enabled drug platform. | 2013 | New York, New York, United States | USD 456.66 M | USD 74.68 M | – | |
Treatments for anemia and fibrosis by exploiting connective tissue growth factor (CTGF) and hypoxia-inducible factor (HIF) biology. | 1993 | San Francisco, California, United States | USD 215.5 M | USD 29.62 M | 225 | |
Developer of medical devices, generic pharmaceuticals, and nutrition products | 1888 | Libertyville, Illinois, United States | – | USD 44.33 B | 3,710 | |
Medicines and health products are retailed through pharmacy outlets. | 2006 | Hyderabad, Telangana, India | USD 268.78 M | USD 734.57 M | 25,010 |
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Frequently Asked Questions about LaunchMyDrug
LaunchMyDrug is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
LaunchMyDrug launchmydrug is an online platform for listing and connecting drug research partners through providing healthcare solutions, producing pharmaceutical products, research platforms, and drug development. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
LaunchMyDrug operates through Launchmydrug Technologies Private Limited.
The legal entities of LaunchMyDrug currently have 4 directors, including Abhijit Govindrao Kale, Salim Sadiq Shaikh, Kaushal Ketan Shah and others.