About MedAce
MedAce is a company based in Bengaluru (India) founded in 2021. It operates as a B2C. The company has 366 employees as of March 31, 2023. MedAce operates in a competitive market with competitors including Xylem Learning, Genius Teacher, BoardVitals, ZinEdu and SmarTeach, among others.
- Headquarter Bengaluru, India
- Employees 366 as on 31 Mar, 2023
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Sectors
Education
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Phone
*********
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Website
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- Legal Name Manipal Global Education Services Private Limited
- Date of Incorporation 22 Oct, 2001
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$79 M (USD)-5.37as on Mar 31, 2023
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Net Profit
$1.18 M (USD)-80.36as on Mar 31, 2023
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EBITDA
$21.61 M (USD)5.17as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
366
as on Mar 31, 2023
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Funding Insights of MedAce
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by MedAce
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MedAce
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Medace Comparisons
Competitors of MedAce
MedAce 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 Xylem Learning, Genius Teacher, BoardVitals, ZinEdu and SmarTeach, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Personalized online tutoring for entrance exams is offered.
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| domain | founded_year | HQ Location |
Exam preparation resources are delivered via a mobile platform.
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| domain | founded_year | HQ Location |
Physicians are prepared for certification exams via online tools.
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| domain | founded_year | HQ Location |
Offers comprehensive educational programs for undergraduate exam preparation.
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| domain | founded_year | HQ Location |
An e-learning platform focused on medical education
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| domain | founded_year | HQ Location |
Entrance exam preparation solutions are delivered via a mobile platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about MedAce
When was MedAce founded?
MedAce was founded in 2021.
Where is MedAce located?
MedAce is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
How many employees does MedAce have?
As of Mar 31, 2023, the latest employee count at MedAce is 366.
What is the annual revenue of MedAce?
Annual revenue of MedAce is $79M as on Mar 31, 2023.
What does MedAce do?
MedAce a digital platform for learning and assessment for medical students, focusing on involved in educational services, e-learning, medical education, and digital platforms. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of MedAce?
MedAce's top competitors include ZinEdu, Xylem Learning and BoardVitals.