About Medall
Medall is a company based in Chennai (India) founded in 2008.. Medall has raised $55.1 million across 10 funding rounds from investors including Peepul Capital, Captain N Raghavan and Ajay Sakamuri. Medall operates in a competitive market with competitors including Thyrocare, Vijaya Diagnostic Centre, Suraksha Diagnostics, Igenetic and Krsnaa Diagnostics, among others.
- Headquarter Chennai, India
- Stage Minicorn
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$19.78 M (USD)-20as on Mar 31, 2023
-
Net Profit
$-30.74 M (USD)-279as on Mar 31, 2023
-
EBITDA
$-18.64 M (USD)-2916as on Mar 31, 2023
-
Total Equity Funding
$55.1 M (USD)
in 10 rounds
-
Latest Funding Round
-
Investors
Peepul Capital
& 8 more
-
Employee Count
Employee Count
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
Unlock access to complete
Funding Insights of Medall
Medall has successfully raised a total of $55.1M across 10 strategic funding rounds. 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 Total Funding
- Total Rounds 10
- Last Round Last Round
-
First Round
First Round
(07 Nov 2009)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series B - Medall | Valuation |
investors |
|
| Mar, 2022 | Amount | Series B - Medall | Valuation | ASH Investment Partners |
|
| Dec, 2021 | Amount | Angel Round - Medall | Valuation | Sandeep Nadigadda Reddy |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Medall
Medall has secured backing from 9 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Peepul Capital, Captain N Raghavan and Ajay Sakamuri. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private equity firm focused on buyouts
|
Founded Year | Domain | Location | |
|
Private equity firm engaged in growth investments across India.
|
Founded Year | Domain | Location | |
|
Venture capital firm investing in multiple sectors
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Medall
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Medall
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Medall Comparisons
Competitors of Medall
Medall 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 Thyrocare, Vijaya Diagnostic Centre, Suraksha Diagnostics, Igenetic and Krsnaa Diagnostics, 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 |
Diagnostic testing centers for pathology and health screenings are operated.
|
|
| domain | founded_year | HQ Location |
Diagnostic services are offered via a chain of centers.
|
|
| domain | founded_year | HQ Location |
Pathology, molecular diagnostics, and imaging services are provided.
|
|
| domain | founded_year | HQ Location |
Provider molecular diagnostic solutions and services
|
|
| domain | founded_year | HQ Location |
Chain of radiology & pathology laboratory centers
|
|
| domain | founded_year | HQ Location |
Chain of diagnostic centers
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Medall
Frequently Asked Questions about Medall
When was Medall founded?
Medall was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Medall located?
Medall is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Medall?
Preetha Raja is the current CEO of Medall.
Is Medall a funded company?
Medall is a funded company, having raised a total of $55.1M across 10 funding rounds to date. The company's 1st funding round was a Angel Round of $540.88K, raised on Nov 07, 2009.
What is the annual revenue of Medall?
Annual revenue of Medall is $19.78M as on Mar 31, 2023.
What does Medall do?
Medall was founded in 2008 in Chennai, India, as a chain of medical diagnostic service centres. Operations focus on healthcare diagnostics, with lab tests and radiology services including CT and MRI scans, ultrasound, X-rays, ECG, ECHO, TMT, and mammograms offered across facilities. The company serves the diagnostic sector primarily in India, supporting clinical assessments for patients.
Who are the top competitors of Medall?
Medall's top competitors include Thyrocare, Krsnaa Diagnostics and Suraksha Diagnostics.
Who are Medall's investors?
Medall has 9 investors. Key investors include Peepul Capital, Captain N Raghavan, Ajay Sakamuri, Siguler Guff, and Palmyrah Capital.
What is Medall's valuation?
The valuation of Medall is $39.03M as of Mar 2024.