Magnus Medi

Mumbai, India Founded: 2009 • Age: 17 yrs
Medical tourism services are facilitated through hospital and doctor networks.
Annual revenue $530,364 Latest available
Total funding $114,300 3 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Magnus Medi

Magnus Medi is a company based in Mumbai (India) founded in 2009 by Mihir Vora. Magnus Medi has raised $114.3 thousand across 3 funding rounds from investors including Kapasi Investment and Trading and Neeta Jitendra Shah. Magnus Medi offers products and services including Medical Tourism Services and Treatment and Travel Coordination.

  • Headquarter Mumbai, India
  • Founders Mihir Vora
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name Magnus Meditourism Private Limited
  • Date of Incorporation 11 Jan, 2016
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $530.36 K (USD)
    137.69
    as on Mar 31, 2023
  • Net Profit
    $33.67 K (USD)
    214.93
    as on Mar 31, 2023
  • EBITDA
    $43.37 K (USD)
    30.41
    as on Mar 31, 2023
  • Total Equity Funding
    $114.3 K (USD)

    in 3 rounds

  • Latest Funding Round
    $80.5 K (USD), Seed

    Aug 24, 2019

  • Investors
  • Employee Count
    Not available
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Products & Services of Magnus Medi

Magnus Medi offers a comprehensive portfolio of products and services, including Medical Tourism Services and Treatment and Travel Coordination.

Product name locked
Category locked
Primary

Medical tourism services are arranged for international patients seeking treatments in India.

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Coordination of treatments, accommodations, and travel is handled for patients involved in medical tourism.

Funding Insights of Magnus Medi

Magnus Medi has successfully raised a total of $114.3K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $80.5 thousand completed in August 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 Magnus Medi

Magnus Medi has secured backing from 2 investors, including institutional and angel investors. Prominent investors backing the company include Kapasi Investment and Trading and Neeta Jitendra Shah.

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Institutional
Angel
Investor Description Founded Year Domain Location
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Neeta Jitendra Shah

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Investor details for Magnus Medi

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Investments & Acquisitions by Magnus Medi

Investments
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Investment portfolio details for Magnus Medi

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Financial Statements - Magnus Medi

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Detailed financials for Magnus Medi

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Magnus Medi Comparisons

Magnus Medi Primary company
Description
Medical tourism services are facilitated through hospital an...
Location
Mumbai, India
Founded Year
2009
Annual Revenue
$530.36 K (USD)
Net Profit
$33.67 K (USD)
EBITDA
$43.37 K (USD)
Employees
Not available
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Peer comparison for Magnus Medi

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Competitors of Magnus Medi

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Latest news on Magnus Medi

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Frequently Asked Questions about Magnus Medi

Magnus Medi was founded in 2009 and raised its 1st funding round 8 years after it was founded.

Magnus Medi is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Mihir Vora is the current CEO of Magnus Medi. They have also founded this company.

Magnus Medi is a funded company, having raised a total of $114.3K across 3 funding rounds to date.

Annual revenue of Magnus Medi is $530.36K as on Mar 31, 2023.

Magnus Medi was founded in 2009 and is based in Mumbai, India. Operations focus on the medical tourism sector, where support services are provided to partners for patient connections. Affordable treatment options are arranged via a network of hospitals and doctors, ensuring tailored access to healthcare solutions across international boundaries. The company functions as a service brand for various esteemed partners.

Magnus Medi offers Medical Tourism Services and Treatment and Travel Coordination.

Magnus Medi has 2 investors. Key investors include Kapasi Investment and Trading, and Neeta Jitendra Shah.

The valuation of Magnus Medi is $1.68M as of Aug 2019.

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