About MedCords
MedCords is a company based in Kota (India) founded in 2017 by Pranav Mehta, Manisha Mehta, and Nikhil Baheti. MedCords has raised $5.35 million across 6 funding rounds from investors including Info Edge, WhatsApp and Invest India. The company has 15 employees as of April 08, 2024. MedCords operates in a competitive market with competitors including MediBuddy, Practo, API Holdings, Mfine and CureBay, among others.
- Headquarter Kota, India
- Employees 15 as on 08 Apr, 2024
- Founders Pranav Mehta, Manisha Mehta, Nikhil Baheti
- Stage Minicorn
-
Sectors
Healthcare
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Medcords Healthcare Solutions Private Limited
- Date of Incorporation 15 Sep, 2016
- Jurisdiction Kota, Rajasthan, India
-
Annual Revenue
$651.12 K (USD)527.58as on Mar 31, 2023
-
Net Profit
-$1.28 M (USD)-20.17as on Mar 31, 2023
-
EBITDA
-$1.24 M (USD)-16.85as on Mar 31, 2023
-
Total Equity Funding
$5.35 M (USD)
in 6 rounds
-
Latest Funding Round
$1.5 M (USD), Series A
Oct 07, 2021
-
Investors
Info Edge
& 26 more
-
Employee Count
15
as on Apr 08, 2024
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
Funding Insights of MedCords
MedCords has successfully raised a total of $5.35M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $1.5 million completed in October 2021. 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 MedCords
MedCords has secured backing from 27 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Info Edge, WhatsApp and Invest India.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investments in technology sectors are made by Earlsfield Capital.
|
Locked | Locked | Locked | |
|
Early-stage venture capital investing, network building, and founder support services.
|
Locked | Locked | Locked | |
|
Private equity firm focused on multiple sectors
|
Locked | Locked | Locked |
Investor details for MedCords
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by MedCords
Investment portfolio details for MedCords
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - MedCords
Detailed financials for MedCords
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Medcords Comparisons
Peer comparison for MedCords
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of MedCords
MedCords 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 MediBuddy, Practo, API Holdings, Mfine and CureBay, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Online platform offering multiple healthcare services
|
|
| Locked | Locked | Locked |
Doctor appointments are booked and healthcare professionals are consulted online.
|
|
| Locked | Locked | Locked |
Digital healthcare tools are offered for pharmacies and clinics management.
|
|
| Locked | Locked | Locked |
Provider of online doctor consultations, at-home lab tests, and health packages
|
|
| Locked | Locked | Locked |
Healthcare services are delivered via an online platform.
|
|
| Locked | Locked | Locked |
Integrated at-home healthcare services, including tele-consultation and diagnostics, are provided.
|
Detailed competitors of MedCords
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Medcords
Complete news archive for MedCords
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 MedCords
MedCords was founded in 2017.
MedCords is headquartered in Kota, India. It is registered at Kota, Rajasthan, India.
MedCords is a funded company, having raised a total of $5.35M across 6 funding rounds to date.
As of Apr 08, 2024, the latest employee count at MedCords is 15.
Annual revenue of MedCords is $651.12K as on Mar 31, 2023.
MedCords was founded in 2017 in Kota, India, within the telemedicine sector. A mobile application is utilized to facilitate online consultations with doctors across various medical specialties. Appointments are booked and scheduled by patients, medical guidance is offered for health concerns, and prescribed medications are ordered directly through the platform for delivery. Operations focus on accessible healthcare services in the region.
MedCords has 27 investors. Key investors include Info Edge, WhatsApp, Invest India, Rajasthan Venture Capital Fund, and Alder Capital.
The valuation of MedCords is $16.36M as of Oct 2021.