About mChemist
mChemist is a company based in Delhi (India) founded in 2014 by Rajiv Ranjan and Rajiv Gulati was acquired by Akos in November 2021. mChemist has raised $246.11 thousand across 2 funding rounds from investors including Akos MD, Sangeeta Prasad and Arun Arora. mChemist operates in a competitive market with competitors including Tata 1mg, Netmeds, Truemeds, PharmEasy and MedPlus, among others.
- Headquarter Delhi, India
- Founders Rajiv Ranjan, Rajiv Gulati
- Stage Minicorn
-
Sectors
Healthcare
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Mchemist Global Private Limited
- Date of Incorporation 09 Dec, 2014
- Jurisdiction Okhla, Delhi, India
-
Annual Revenue
$223.73 K (USD)-41.44as on Mar 31, 2021
-
Net Profit
-$31.26 K (USD)68.77as on Mar 31, 2021
-
EBITDA
-$27.52 K (USD)-86.32as on Mar 31, 2021
-
Total Equity Funding
$246.11 K (USD)
in 2 rounds
-
Latest Funding Round
$40.75 K (USD), Angel Round
May 15, 2017
-
Investors
Akos MD
& 14 more
-
Employee Count
Not available
-
Acquired by
Akos
(Nov 25, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of mChemist
mChemist has successfully raised a total of $246.11K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $40.75 thousand completed in May 2017. 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 mChemist
mChemist has secured backing from 15 investors, including angel investors. Prominent investors backing the company include Akos MD, Sangeeta Prasad and Arun Arora.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
SP
Sangeeta Prasad |
-
|
Locked | Locked | Locked |
|
AA
Arun Arora |
-
|
Locked | Locked | Locked |
|
DK
Deepak Kumar Agrawal |
-
|
Locked | Locked | Locked |
Investor details for mChemist
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by mChemist
Investment portfolio details for mChemist
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - mChemist
Detailed financials for mChemist
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Mchemist Comparisons
Peer comparison for mChemist
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of mChemist
mChemist 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 Tata 1mg, Netmeds, Truemeds, PharmEasy and MedPlus, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Provider of an online pharmacy with doctor listing and teleconsultation services
|
|
| Locked | Locked | Locked |
Provider of an online store for medicines and healthcare products
|
|
| Locked | Locked | Locked |
Provider of an online pharmacy and telehealth platform
|
|
| Locked | Locked | Locked |
Provider of an online pharmacy and healthcare platforms
|
|
| Locked | Locked | Locked |
Medicines and health products are retailed through pharmacy outlets.
|
|
| Locked | Locked | Locked |
An online marketplace for healthcare products is operated.
|
Detailed competitors of mChemist
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Mchemist
Complete news archive for mChemist
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about mChemist
mChemist was founded in 2014 and raised its 1st funding round 2 years after it was founded.
mChemist is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Rajiv Ranjan is the current CEO of mChemist. They have also founded this company.
mChemist is a funded company, having raised a total of $246.11K across 2 funding rounds to date.
Annual revenue of mChemist is $223.73K as on Mar 31, 2021.
mChemist was founded in 2014 in Delhi, India, and operates in the online pharmacy sector. Health products, including supplements, ayurvedic medicines, and prescription medicines, are supplied via a website, Android application, or WhatsApp uploads. Users are required to sign up, upload valid prescriptions, and confirm orders before medicines are shipped.
mChemist's top competitors include Tata 1mg, SastaSundar and PharmEasy.
mChemist has 15 investors. Key investors include Akos MD, Sangeeta Prasad, Arun Arora, Deepak Kumar Agrawal, and Dhruv Suri.
The valuation of mChemist is $6.87M as of May 2017.