About Medbikri
Medbikri is a Healthcare company based in Bengaluru (India) founded in 2021 by Mahesh Chand. Inventory and sales management solutions for pharmacies are provided. Medbikri has raised $1.3 million across 2 funding rounds from investors including Wellfound, 3one4 Capital and Sanjeev Barnwal. The company has 76 employees. Medbikri was last valued at $2.67 million in November 2021. Its focus areas include HealthTech, Pharmacy IT, Supply Chain Management and Inventory Management. Its legal entity in India is Medbikri Technologies Private Limited (U72900KA2021PTC143126). Its competitors include Redbook and Instinct Innovations; 1 of its 2 listed competitors has raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Employees 76
- Founders Mahesh Chand
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Website medbikri.com
- Social LinkedIn X
- Legal Name Medbikri Technologies Private Limited
- Date of Incorporation 14 Jan, 2021
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹14,335
FY 2022
- Net Loss-₹53.2 Lakh
FY 2022 · -37098% margin
- EBITDA-₹71 Lakh
FY 2022 · -49562% margin
- Total Equity Funding$1.3M (USD)
in 2 rounds
- Latest Funding Round$650K (USD), Seed
Jan 2023
- InvestorsWellfound
& 22 more
- Employee Count76
Associated legal entities of Medbikri
Medbikri operates through Medbikri Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Medbikri Technologies Private Limited CIN U72900KA2021PTC143126 | Active | 14 Jan 2021 | Bengaluru, Karnataka | ₹0.0 Cr | 76 | 2 | View details |
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 $1.3M
- Total Rounds 2
- Last Round Seed — $650,000
- First Round $646,998
(Nov 2021)
- Investors Count 23
All 2 funding rounds of Medbikri 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 2023 | $650,000 | Seed | – | 3one4 Capital | |
| Nov 2021 | $646,998 | Seed | $2.67M | 3one4 Capital |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2021 | $2.67M | •••••••• |
Last known valuation $2.67M (Nov 2021). 23 investors in total: 3 institutional and 20 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology sectors like SaaS and Fintech in India. | 2016 | 3one4capital.com | Bengaluru, India | |
Startup jobs are connected to individuals via a dedicated platform. | 2013 | wellfound.com | New York, United States | |
Startup jobs are connected to seekers via an online platform. | angel.co | San Francisco, United States | ||
SB Sanjeev Barnwal | Founder & CTO of Meesho, active angel investor in Indian startups | unknown_b4aabf1ad3754d058 | ||
AD Amit Damani | Co-founder of Vistaar Finance, active angel investor in Indian startups | unknown_7cbc1442605c4e9ba | ||
MJ Manish Jethani | Angel investor and tech entrepreneur, co-founder of Flock, active in Indian startups | unknown_2b8b78ade2d3431bb | ||
VP Viren Prasad Shetty | unknown_dccce88fedf64dd08 | |||
RS Rahul Sharma | unknown_6c12acebac2145acb | |||
PB Palak Bansal | unknown_b279d7da8ad74a8c9 | |||
MK Mahesh Kumar Damani | unknown_ca06f7d199484915b |
Investor details for Medbikri
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 Medbikri Technologies Private Limited (Medbikri)
Medbikri Technologies Private Limited is the primary company behind Medbikri. The board of Medbikri Technologies Private Limited currently have 2 directors; the longest-serving is Mahesh Chand, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mahesh Chand DIN 09029966 | Director | 14 Jan 2021 | 5 yrs 9 mo | Medbikri Technologies Private Limited |
| Chushul Suri DIN 09029965 | Director | 14 Jan 2021 | 5 yrs 9 mo | Medbikri Technologies Private Limited |
People of Medbikri
1 people are tracked at Medbikri (1 in leadership); the tracked headcount is 76.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Medbikri
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Medbikri
Figures of Medbikri Technologies Private Limited, the primary company behind Medbikri, for FY 2022. Revenue was ₹14,335. Net loss was -₹53.2 Lakh (-37098% margin). EBITDA was -₹71 Lakh (-49562% margin).
- ₹14,335Revenue · FY 2022
- -₹53.2 LakhNet loss · -37098% margin
- -₹71 LakhEBITDA · -49562% margin
- ₹1 LakhPaid-up capital
- 76Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Medbikri Technologies Private Limited are on its company page.
Detailed financial statements for Medbikri
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 Medbikri
4 dated milestones of Medbikri across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Medbikri is founded.
- Funding First funding round of $647K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $650K.
Competitors of Medbikri
Medbikri has 2 listed competitors in our database, 1 of them funded. They include Redbook and Instinct Innovations.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| redbook.co.in | 2015 | Mumbai, India | $321,701 | 351 | GST-enabled software for pharmacy retail and distribution management is provided. | |
| instinctinnovations.com | 2015 | Mumbai, India | 53 | SaaS solutions are offered for healthcare, advertising, and business intelligence. |
Detailed competitors of Medbikri
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.
Top companies in Pharmacy & Healthcare Retail Systems
2 companies that operate in the same segment as Medbikri (Pharmacy & Healthcare Retail Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers a B2B managed marketplace for pharmacies | 2019 | Bengaluru, Karnataka, India | USD 20.02 M | USD 20.23 M | 218 | |
Digital healthcare tools are offered for pharmacies and clinics management. | 2012 | Mumbai, Maharashtra, India | USD 1.19 B | USD 805.55 M | 215 |
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
Related news about Medbikri
Complete news archive for Medbikri
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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. The company's 1st funding round was a Seed of $647K, raised on Nov 2021.
Medbikri has 76 employees.
The primary company behind Medbikri, Medbikri Technologies Private Limited, reported revenue of ₹14,335 for FY 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 Redbook and Instinct Innovations.
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.
Medbikri operates through Medbikri Technologies Private Limited.
The legal entities of Medbikri currently have 2 directors, including Mahesh Chand, Chushul Suri.