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
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Medbikri Technologies Private Limited
- Date of Incorporation 14 Jan, 2021
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$173.42 (USD)0as on Mar 31, 2022
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Net Profit
$-64.34 K (USD)0as on Mar 31, 2022
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EBITDA
$-85.52 K (USD)0as on Mar 31, 2022
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Total Equity Funding
$1.3 M (USD)
in 2 rounds
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Latest Funding Round
$650 K (USD), Seed
Jan 09, 2023
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Investors
Wellfound
& 22 more
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $650,000
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First Round
First Round
(18 Nov 2021)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Seed - Medbikri | Valuation | 3one4 Capital | |
| Nov, 2021 | Amount | Seed - Medbikri | Valuation | 3one4 Capital |
| 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 |
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. 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 |
|---|---|---|---|---|
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Venture capital investments in technology sectors like SaaS and Fintech in India.
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Founded Year | Domain | Location | |
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Startup jobs are connected to individuals via a dedicated platform.
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Founded Year | Domain | Location | |
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Startup jobs are connected to seekers via an online platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Medbikri
| 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 - Medbikri
| 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 |
Medbikri Comparisons
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. 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 |
Provider of supply chain management and formulary management for pharmacies and healthcare organizations
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| domain | founded_year | HQ Location |
Automation tools for pharmacy dispensing and management are offered.
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| domain | founded_year | HQ Location |
Supply chain and inventory management software is provided for pharmacies.
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| domain | founded_year | HQ Location |
Provider of an online platform for pharmacists to manage drug shortages and supply chain management
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| domain | founded_year | HQ Location |
GST-enabled software for pharmacy retail and distribution management is provided.
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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 Medbikri
When was Medbikri founded?
Medbikri was founded in 2021.
Where is Medbikri located?
Medbikri is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Medbikri a funded company?
Medbikri is a funded company, having raised a total of $1.3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $647K, raised on Nov 18, 2021.
How many employees does Medbikri have?
As of Apr 08, 2024, the latest employee count at Medbikri is 76.
What is the annual revenue of Medbikri?
Annual revenue of Medbikri is $173.42 as on Mar 31, 2022.
What does Medbikri do?
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.
Who are the top competitors of Medbikri?
Who are Medbikri's investors?
Medbikri has 23 investors. Key investors include Wellfound, 3one4 Capital, Sanjeev Barnwal, Amit Damani, and Manish Jethani.
What is Medbikri's valuation?
The valuation of Medbikri is $2.67M as of Nov 2021.