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. MedCords operates in a competitive market with competitors including MediBuddy, Practo, API Holdings, Mfine and CureBay, among others.
- Headquarter Kota, India
- Employees 15
- Founders Pranav Mehta, Manisha Mehta, Nikhil Baheti
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website medcords.com
- Social LinkedIn X Facebook
- Legal Name Medcords Healthcare Solutions Private Limited
- Date of Incorporation 15 Sep, 2016
- Jurisdiction Kota, Rajasthan, India
- Annual Revenue₹92 Lakh
FY 2025 · -67% YoY
- Net Loss-₹65,346
FY 2025 · -1% margin
- EBITDA₹13.2 Lakh
FY 2025 · 14% margin
- Total Equity Funding$5.35M (USD)
in 6 rounds
- Latest Funding Round$1.5M (USD), Series A
Oct 2021
- InvestorsInfo Edge
& 26 more
- Employee Count15
Associated legal entities of MedCords
MedCords operates through Medcords Healthcare Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Medcords Healthcare Solutions Private Limited CIN U74999RJ2016PTC055981 | Active | 15 Sep 2016 | Kota, Rajasthan | ₹0.9 Cr | 15 | 2 | View details |
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.
- Total Funding $5.35M
- Total Rounds 6
- Last Round Series A — $1.5M
- First Round $76,398
(Mar 2017)
- Investors Count 27
All 6 funding rounds of MedCords 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 |
|---|---|---|---|---|---|
| Oct 2021 | $1.5M | Series A | $16.36M | Earlsfield Capital, Alder Capital | |
| Sep 2020 | $953,830 | Series A | $14.4M | Rajasthan Venture Capital Fund | – |
| Mar 2020 | $1.84M | Series A | $••••• | Info Edge Ventures, Info Edge | |
| Jun 2019 | $50,199 | Seed | – | – | |
| Apr 2018 | $935,972 | Seed | $••••• | WaterBridge, Info Edge Ventures | |
| Mar 2017 | $76,398 | Angel Round | $••••• | Neha Parakh |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2021 | $16.36M | •••••••• |
| Sep 2020 | $14.4M | •••••••• |
| Mar 2020 | $••••• | •••••••• |
| Apr 2018 | $••••• | •••••••• |
Full valuation and stage history of MedCords
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $16.36M (Oct 2021). 27 investors in total: 13 institutional and 14 angel.
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. | – | earlsfieldcapital.com | London, United Kingdom | |
Early-stage venture capital investing, network building, and founder support services. | – | villageglobal.vc | - | |
Private equity firm focused on multiple sectors | – | spinnexindia.tcc.mode | Mumbai, India | |
Venture capital fund investing in multiple sectors | 2002 | rvcf.org | Jaipur, India | |
Early-stage tech investments are focused on by WaterBridge in India. | – | waterbridge.vc | Delhi, India | |
Venture capital fund focused on early-stage startups | – | growthseedregent.tcc.mode | Mumbai, India | |
Venture capital firm backed by Info Edge and Temasek | – | infoedgeventures.in | Noida, India | |
Early-stage tech startups are supported via venture capital and acceleration. | – | iimaventures.com | Ahmedabad, India | |
Investment management firm serving high-net-worth individuals and families in India. | 2015 | aldercapital.in | Mumbai, India | |
A multi-group online classifieds company operating across diversified sectors | 1995 | infoedge.in | Delhi, India |
Investor details for MedCords
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Medcords Healthcare Solutions Private Limited (MedCords)
Medcords Healthcare Solutions Private Limited is the primary company behind MedCords. The board of Medcords Healthcare Solutions Private Limited currently have 2 directors; the longest-serving is Shreyans Mehta, appointed in 2016. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shreyans Mehta DIN 07496505 | Director | 15 Sep 2016 | 10 yrs | Medcords Healthcare Solutions Private Limited |
| Roshita Jain DIN 10357450 | Director | 01 Aug 2025 | 1 yr 2 mo | Medcords Healthcare Solutions Private Limited |
People of MedCords
3 people are tracked at MedCords (3 in leadership); the tracked headcount is 15.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder & CPO | Leadership |
Complete people profiles for MedCords
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of MedCords
Figures of Medcords Healthcare Solutions Private Limited, the primary company behind MedCords, for FY 2025. Revenue was ₹92 Lakh (-67% year on year). Net loss was -₹65,346 (-1% margin). EBITDA was ₹13.2 Lakh (14% margin). Revenue has grown at a compounded annual rate of +2% over three years and +17% over five years.
- ₹92 LakhRevenue · FY 2025 · -67% YoY
- -₹65,346Net loss · -1% margin
- ₹13.2 LakhEBITDA · 14% margin
- ₹23.4 LakhPaid-up capital
- 15Employees (provident fund records)
- +2%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Medcords Healthcare Solutions Private Limited are on its company page.
Detailed financial statements for MedCords
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of MedCords
4 dated milestones of MedCords across 4 years, from founding to its latest funding, stage changes and deals.
- Founded MedCords is founded.
- Funding First funding round of $76K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $1.5M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| medibuddy.in | 2013 | Bengaluru, India | $193.12M | 1,192 | Online platform offering multiple healthcare services | |
| practo.com | 2008 | Bengaluru, India | $227.88M | – | Doctor appointments are booked and healthcare professionals are consulted online. | |
| apiholdings.in | 2012 | Mumbai, India | $929.11M | 221 | Digital healthcare tools are offered for pharmacies and clinics management. | |
| mfine.co | 2017 | Bengaluru, India | $87.66M | 258 | Provider of online doctor consultations, at-home lab tests, and health packages | |
| curebay.com | 2020 | Bhubaneswar, India | $35.37M | 90 | Healthcare services are delivered via an online platform. | |
| callhealth.com | 2013 | Hyderabad, India | $81.93M | 232 | Integrated at-home healthcare services, including tele-consultation and diagnostics, are provided. | |
| ucare.co.in | 2018 | Mumbai, India | $465,216 | – | An online platform for employee healthcare management is provided. |
Detailed competitors of MedCords
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.
Web traffic of MedCords
The website of MedCords (medcords.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 66.5% vs previous month
Latest news on Medcords
Complete news archive for MedCords
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to MedCords
10 companies that operate in the same segment as MedCords (Digital Health & Telemedicine), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of an online pharmacy with doctor listing and teleconsultation services | 2015 | Delhi, Delhi, India | USD 194 M | – | – | |
Online platform offering multiple healthcare services | 2013 | Bengaluru, Karnataka, India | USD 199.22 M | USD 62.4 M | 52 | |
An application is provided for comparing prescription drug prices nationwide. | 2011 | Santa Monica, California, United States | USD 22.21 M | USD 796.85 M | 738 | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 233 | |
An online marketplace for healthcare products is operated. | 2011 | Kolkata, West Bengal, India | USD 38.26 M | – | – | |
Alto Pharmacy is focused on providing convenient prescription delivery services. | 2015 | San Francisco, California, United States | USD 591.64 M | – | – | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – | |
Telehealth solutions are provided for doctors and patients' consultations. | 2006 | Boston, Massachusetts, United States | USD 887.35 M | USD 115.54 M | 742 | |
Digital health services for men's wellness are offered by Ro. | 2017 | New York, New York, United States | USD 1.03 B | – | 703 | |
Provider of genetic test solutions to study ancestry, genealogy, and inherited traits | 2006 | Sunnyvale, California, United States | USD 943.53 M | USD 189.9 M | 265 |
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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. The company's 1st funding round was a Angel Round of $76.4K, raised on Mar 2017.
MedCords has 15 employees.
The primary company behind MedCords, Medcords Healthcare Solutions Private Limited, reported revenue of ₹92 Lakh for FY 2025, down 67% year on year.
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.
MedCords operates through Medcords Healthcare Solutions Private Limited.
The legal entities of MedCords currently have 2 directors, including Roshita Jain, Shreyans Mehta.