About Med2house
Med2house is a company based in Ernakulam (India) founded in 2016. Med2house was last valued at $149.83 thousand in January 2017. Its Indian entity Med2house Services Private Limited reported revenue of ₹21.2 Lakh. Its competitors include Tata 1mg, Netmeds and Truemeds; 3 of its 3 listed competitors have raised funding.
- Headquarters Ernakulam, India
- Website med2house.com
- Social Facebook
- Legal Name Med2house Services Private Limited
- Date of Incorporation 16 Mar, 2016
- Jurisdiction Thiruvananthapuram, Kerala, India
- Annual Revenue₹21.2 Lakh
FY 2017
- Net Loss-₹7 Lakh
FY 2017 · -33% margin
- EBITDA-₹6.4 Lakh
FY 2017 · -30% margin
- InvestorsFasterCapital
& 1 more
Associated legal entities of Med2house
Med2house operates through Med2house Services Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Med2house Services Private Limited CIN U52310KL2016PTC040380 | Strike Off | 16 Mar 2016 | Thiruvananthapuram, Kerala | ₹0.2 Cr | 3 | View details |
Funding Insights of Med2house
- Total Rounds 1
- Investors Count 2
All 1 funding rounds of Med2house 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 |
|---|---|---|---|---|---|
| Jan 2017 | Seed | $149,828 | FasterCapital, Babu S Nair | – |
Last known valuation $149,828 (Jan 2017). 2 investors in total: 1 institutional and 1 angel.
Investors in Med2house
Med2house has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include FasterCapital and Babu S Nair.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture building, startup incubation, and funding services are provided by FasterCapital. | fastercapital.com | |||
BS Babu S Nair | unknown_5e7a81e7d19344d89 |
Investor details for Med2house
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 Med2house Services Private Limited (Med2house)
Med2house Services Private Limited is the primary company behind Med2house. The board of Med2house Services Private Limited currently have 3 directors; the longest-serving is Anilkumar Gangadharannair, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anilkumar Gangadharannair DIN 07116478 | Director | 16 Mar 2016 | 10 yrs 7 mo | Med2house Services Private Limited |
| Kizhakkeveetil Abdul Ubaidulla DIN 02802725 | Director | 16 Mar 2016 | 10 yrs 7 mo | Med2house Services Private Limited |
| Nithin Paul Cherian DIN 06586507 | Director | 07 Dec 2017 | 8 yrs 10 mo | Med2house Services Private Limited |
Financials of Med2house
Figures of Med2house Services Private Limited, the primary company behind Med2house, for FY 2017. Revenue was ₹21.2 Lakh. Net loss was -₹7 Lakh (-33% margin). EBITDA was -₹6.4 Lakh (-30% margin).
- ₹21.2 LakhRevenue · FY 2017
- -₹7 LakhNet loss · -33% margin
- -₹6.4 LakhEBITDA · -30% margin
- ₹7 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Med2house Services Private Limited are on its company page.
Detailed financial statements for Med2house
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 Med2house
2 dated milestones of Med2house across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Med2house is founded.
- Funding First funding round.
Competitors of Med2house
Med2house has 3 listed competitors in our database, 3 of them funded. They include Tata 1mg, Netmeds and Truemeds.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 1mg.com | 2015 | Delhi, India | $230.8M | 4,419 | Provider of an online pharmacy with doctor listing and teleconsultation services | |
| netmeds.com | 2015 | Chennai, India | $109M | 988 | Provider of an online store for medicines and healthcare products | |
| truemeds.in | 2019 | Mumbai, India | $112.97M | 345 | Provider of an online pharmacy and telehealth platform |
Detailed competitors of Med2house
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Med2house
Med2house was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Med2house is headquartered in Ernakulam, India. It is registered at Ernakulam, Kerala, India.
The primary company behind Med2house, Med2house Services Private Limited, reported revenue of ₹21.2 Lakh for FY 2017.
Med2house has 2 investors. Key investors include FasterCapital, and Babu S Nair.
The valuation of Med2house is $149.83K as of Jan 2017.
Med2house operates through Med2house Services Private Limited.
The legal entities of Med2house currently have 3 directors, including Nithin Paul Cherian, Anilkumar Gangadharannair, Kizhakkeveetil Abdul Ubaidulla.