Medbikri

Bengaluru, India Founded: 2021 • Age: 5 yrs
Inventory and sales management solutions for pharmacies are provided.
Annual revenue $173 Latest available
Total funding $1.3M 2 rounds
Employees 76 Tracked headcount
Investors 23 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Medbikri

Medbikri is a company based in Bengaluru (India) founded in 2021 by Mahesh Chand. Medbikri has raised $1.3 million across 2 funding rounds from investors including Wellfound, 3one4 Capital and Sanjeev Barnwal. The company has 76 employees as of April 08, 2024. Medbikri operates in a competitive market with competitors including Lumere, JVM, Maisha Meds, OrbitalRX and Redbook, among others.

  • Headquarter Bengaluru, India
  • Employees 76 as on 08 Apr, 2024
  • Founders Mahesh Chand
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
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  • Website
    Locked
  • Social
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  • Legal Name Medbikri Technologies Private Limited
  • Date of Incorporation 14 Jan, 2021
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $173.42 (USD)
    0
    as on Mar 31, 2022
  • Net Profit
    -$64.34 K (USD)
    0
    as on Mar 31, 2022
  • EBITDA
    -$85.52 K (USD)
    0
    as on Mar 31, 2022
  • Total Equity Funding
    $1.3 M (USD)

    in 2 rounds

  • Latest Funding Round
    $650 K (USD), Seed

    Jan 09, 2023

  • Investors
    Wellfound

    & 22 more

  • Employee Count
    76

    as on Apr 08, 2024

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Funding Insights of Medbikri

Medbikri has successfully raised a total of $1.3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $650 thousand completed in January 2023. 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 Medbikri

Medbikri has secured backing from 23 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Wellfound, 3one4 Capital and Sanjeev Barnwal.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments in technology sectors like SaaS and Fintech in India.
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Startup jobs are connected to individuals via a dedicated platform.
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Startup jobs are connected to seekers via an online platform.
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Investor details for Medbikri

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Investments & Acquisitions by Medbikri

Investments
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Investment portfolio details for Medbikri

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Financial Statements - Medbikri

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Detailed financials for Medbikri

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Medbikri Comparisons

Medbikri Primary company
Description
Inventory and sales management solutions for pharmacies are ...
Location
Bengaluru, India
Founded Year
2021
Annual Revenue
$173.42 (USD)
Net Profit
-$64.34 K (USD)
EBITDA
-$85.52 K (USD)
Employees
76
As of 2024
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Peer comparison for Medbikri

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Competitors of Medbikri

Medbikri 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 Lumere, JVM, Maisha Meds, OrbitalRX and Redbook, among others.

Company Name Domain Founded year HQ Location Description
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Provider of supply chain management and formulary management for pharmacies and healthcare organizations
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Automation tools for pharmacy dispensing and management are offered.
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Supply chain and inventory management software is provided for pharmacies.
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Provider of an online platform for pharmacists to manage drug shortages and supply chain management
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GST-enabled software for pharmacy retail and distribution management is provided.
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Detailed competitors of Medbikri

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Latest news on Medbikri

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Complete news archive for Medbikri

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Frequently Asked Questions about Medbikri

Medbikri was founded in 2021.

Medbikri is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Medbikri is a funded company, having raised a total of $1.3M across 2 funding rounds to date.

As of Apr 08, 2024, the latest employee count at Medbikri is 76.

Annual revenue of Medbikri is $173.42 as on Mar 31, 2022.

Medbikri was established in 2021 in Bengaluru, India, within the healthcare software sector. Inventory management and sales management tools tailored for pharmacies are offered by the company. Services encompass pharma billing, medical billing, and a dedicated pharmacy software application designed to optimize daily operations. Refill reminders and medication alerts for customers are also supplied to support pharmacy workflows.

Medbikri's top competitors include Lumere, JVM and Redbook.

Medbikri has 23 investors. Key investors include Wellfound, 3one4 Capital, Sanjeev Barnwal, Amit Damani, and Manish Jethani.

The valuation of Medbikri is $2.67M as of Nov 2021.

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