About Medfin
Medfin is a company based in Bengaluru (India) founded in 2017 by Sidharth Gurjar and Arjun Kumar. It operates as a Professional Services, and Brokerage / Intermediation. Medfin has raised $21.02 million across 5 funding rounds from investors including Angel List, Kotak Mahindra Bank and Apollo Hospitals. The company has 248 employees as of April 01, 2024. Medfin offers products and services including Day-Care Surgeries and Medical Financing. Medfin operates in a competitive market with competitors including DigiQure, HealthKo, Doctor Dhundho, Param Care and Dr Noble Zachariah, among others.
- Headquarter Bengaluru, India
- Employees 248 as on 01 Apr, 2024
- Founders Sidharth Gurjar, Arjun Kumar
- 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 Medops Technology Pvt Ltd
- Date of Incorporation 02 Mar, 2017
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.22 M (USD)122.53as on Mar 31, 2023
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Net Profit
$-5.6 M (USD)-140.76as on Mar 31, 2023
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EBITDA
$-5.59 M (USD)-143.35as on Mar 31, 2023
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Total Equity Funding
$21.02 M (USD)
in 5 rounds
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Latest Funding Round
$754.33 K (USD), Series B
May 05, 2025
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Investors
Angel List
& 34 more
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Employee Count
248
as on Apr 01, 2024
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Products & Services of Medfin
Medfin offers a comprehensive portfolio of products and services, including Day-Care Surgeries and Medical Financing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Day-care surgeries are provided for quick recovery outcomes.
Medical financing options are offered for surgery expenses.
Unlock access to complete
Funding Insights of Medfin
Medfin has successfully raised a total of $21.02M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $754.33 thousand completed in May 2025. 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 5
- Last Round Series B — $754,326
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First Round
First Round
(25 Mar 2019)
- Investors Count 35
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series B - Medfin | Valuation | Rahul Nair | |
| Nov, 2024 | Amount | Series B - Medfin | Valuation | Blume Venture , HealthXCapital | |
| Mar, 2022 | Amount | Series B - Medfin | Valuation | Axilor Ventures |
| 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 Medfin
Medfin has secured backing from 35 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Kotak Mahindra Bank and Apollo Hospitals. 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 firm investing in early-stage startups in technology sectors.
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Founded Year | Domain | Location | |
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Seed and early-stage investments are made across sectors in India.
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Founded Year | Domain | Location | |
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Healthcare startups are funded by HealthXCapital venture capital firm.
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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 Medfin
| 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 - Medfin
| 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 |
Medfin Comparisons
Competitors of Medfin
Medfin 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 DigiQure, HealthKo, Doctor Dhundho, Param Care and Dr Noble Zachariah, 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 |
Telemedicine platform and clinic management software are provided for healthcare.
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| domain | founded_year | HQ Location |
Offers an online platform for doctor appointments and teleconsultation services.
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| domain | founded_year | HQ Location |
A mobile app for searching and booking doctor appointments online.
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| domain | founded_year | HQ Location |
Offers an online platform for easy appointment booking and consultations for patients.
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| domain | founded_year | HQ Location |
A mobile app offering remote and in-person doctor consultations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Medfin
Frequently Asked Questions about Medfin
When was Medfin founded?
Medfin was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Medfin located?
Medfin is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Medfin?
Arjun Kumar is the current CEO of Medfin. They have also founded this company.
Is Medfin a funded company?
Medfin is a funded company, having raised a total of $21.02M across 5 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Mar 25, 2019.
How many employees does Medfin have?
As of Apr 01, 2024, the latest employee count at Medfin is 248.
What is the annual revenue of Medfin?
Annual revenue of Medfin is $1.22M as on Mar 31, 2023.
What does Medfin do?
Medfin is established as a leading provider of day-care surgeries across multiple specialties in India. Services are offered in fields such as urology, orthopaedics, neurology, bariatric surgery, and gynaecology. Innovative and minimally invasive procedures are utilized to ensure faster recovery and better outcomes. Additionally, medical financing and insurance support are provided to make healthcare accessible and affordable. Operations are conducted in various cities with a focus on advanced technology and expert surgeons.
Who are the top competitors of Medfin?
Medfin's top competitors include DigiQure, HealthKo and Param Care.
What products or services does Medfin offer?
Medfin offers Day-Care Surgeries and Medical Financing.
Who are Medfin's investors?
Medfin has 35 investors. Key investors include Angel List, Kotak Mahindra Bank, Apollo Hospitals, Timesgroup, and Capri Loans.
What is Medfin's valuation?
The valuation of Medfin is $45.43M as of Mar 2022.