About Magnus Medi
Magnus Medi is a Healthcare company based in Mumbai (India) founded in 2009 by Mihir Vora. Medical tourism services are facilitated through hospital and doctor networks. Magnus Medi has raised $114.3 thousand across 3 funding rounds from investors including Kapasi Investment and Trading and Neeta Jitendra Shah. Magnus Medi was last valued at $1.68 million in August 2019. Its chief executive, as recorded, is Mihir Vora. Its Indian entity Magnus Meditourism Private Limited reported revenue of ₹6.72 Cr. Magnus Medi offers products and services including Medical Tourism Services and Treatment and Travel Coordination. Its focus areas include Medical Tourism.
Company details
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.
- Headquarters Mumbai, India
- Founders Mihir Vora
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website magnusmedi.com
- Social LinkedIn X Facebook
- Legal Name Magnus Meditourism Private Limited
- Date of Incorporation 11 Jan, 2016
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹6.72 Cr
FY 2025 · +1% YoY
- Net Loss-₹37 Lakh
FY 2025 · -6% margin
- EBITDA-₹1,113
FY 2025 · 0% margin
- Total Equity Funding$114.3K (USD)
in 3 rounds
- Latest Funding Round$80.5K (USD), Seed
Aug 2019
Associated legal entities of Magnus Medi
Magnus Medi operates through Magnus Meditourism Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Magnus Meditourism Private Limited CIN U74999MH2016PTC271913 | Active | 11 Jan 2016 | Mumbai, Maharashtra | ₹6.7 Cr | 2 | View details |
Products & Services of Magnus Medi
Magnus Medi offers a comprehensive portfolio of products and services, including Medical Tourism Services and Treatment and Travel Coordination.
Medical tourism services are arranged for international patients seeking treatments in India.
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.
- Total Funding $114,300
- Total Rounds 3
- Last Round Seed — $80,500
- First Round $33,800
(Mar 2017)
- Investors Count 2
All 3 funding rounds of Magnus Medi 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 |
|---|---|---|---|---|---|
| Aug 2019 | $80,500 | Seed | $1.68M | – | – |
| Jun 2017 | Angel Round | – | – | – | |
| Mar 2017 | $33,800 | Seed | $169,158 | Kapasi Investment and Trading |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2019 | $1.68M | •••••••• |
Last known valuation $1.68M (Aug 2019). 2 investors in total: 1 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
NJ Neeta Jitendra Shah | unknown_d6a8eea9a8e946349 |
Investor details for Magnus Medi
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 Magnus Meditourism Private Limited (Magnus Medi)
Magnus Meditourism Private Limited is the primary company behind Magnus Medi. The board of Magnus Meditourism Private Limited currently have 2 directors; the longest-serving is Bhavya Mihir Vora, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhavya Mihir Vora DIN 07373645 | Director | 11 Jan 2016 | 10 yrs 10 mo | Magnus Meditourism Private Limited |
| Mihir Rajesh Vora DIN 07373659 | Director | 11 Jan 2016 | 10 yrs 10 mo | Magnus Meditourism Private Limited |
People of Magnus Medi
1 people are tracked at Magnus Medi (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Magnus Medi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Magnus Medi
Figures of Magnus Meditourism Private Limited, the primary company behind Magnus Medi, for FY 2025. Revenue was ₹6.72 Cr (+1% year on year). Net loss was -₹37 Lakh (-6% margin). EBITDA was -₹1,113 (0% margin). Revenue has grown at a compounded annual rate of +54% over three years and +69% over five years.
- ₹6.72 CrRevenue · FY 2025 · +1% YoY
- -₹37 LakhNet loss · -6% margin
- -₹1,113EBITDA · 0% margin
- ₹13.1 LakhPaid-up capital
- +54%Revenue CAGR, 3 years
- +69%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Magnus Meditourism Private Limited are on its company page.
Detailed financial statements for Magnus Medi
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Magnus Medi
4 dated milestones of Magnus Medi across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Magnus Medi is founded.
- Funding First funding round of $34K.
- Funding Latest funding round, Seed, of $80K.
- Milestone Reaches Minicorn status.
Top companies in Medical Tourism & International Care
3 companies that operate in the same segment as Magnus Medi (Medical Tourism & International Care) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of medical tourism services | 2009 | Gurugram, Haryana, India | USD 3 M | USD 3.73 M | 30 | |
Provides global career pathways in accounting, business, healthcare, and technology. | 2011 | Mumbai, Maharashtra, India | USD 21.96 M | 303 | ||
Pharmaceutical manufacturing and healthcare products focused on nutrition and exports in India. | 1982 | Mumbai, Maharashtra, India | USD 114.97 M | 1,660 |
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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 CEO of Magnus Medi, as recorded in our data. 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. The company's 1st funding round was a Seed of $33.8K, raised on Mar 2017.
The primary company behind Magnus Medi, Magnus Meditourism Private Limited, reported revenue of ₹6.72 Cr for FY 2025, up 1% year on year.
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.
Magnus Medi operates through Magnus Meditourism Private Limited.
The legal entities of Magnus Medi currently have 2 directors, including Bhavya Mihir Vora, Mihir Rajesh Vora.