About MedGrocer
MedGrocer is a company based in Pasig (Philippines) founded in 2016.. MedGrocer offers products and services including Order Medicines, Corporate Healthcare Solutions, and Clinic Management Services. MedGrocer operates in a competitive market with competitors including St. Joseph Drug, Mediclick, Southstar Drug, Muramed and VPharma, among others.
- Headquarter Pasig, Philippines
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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 Mg Health Solutions, Inc.
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Annual Revenue
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Net Profit
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of MedGrocer
MedGrocer offers a comprehensive portfolio of products and services, including Order Medicines, Corporate Healthcare Solutions, and Clinic Management Services. 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.
Platform for ordering and delivering medicines with prescription verification.
Services enabling companies to manage employee medicines and health programs.
Tools for clinics to handle patient support and medicine distribution.
Funding Insights of MedGrocer
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2017 | Amount | Seed - MedGrocer | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 MedGrocer
MedGrocer has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include AC Health. 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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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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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 MedGrocer
| 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 - MedGrocer
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Medgrocer Comparisons
Competitors of MedGrocer
MedGrocer 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 St. Joseph Drug, Mediclick, Southstar Drug, Muramed and VPharma, 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 |
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| domain | founded_year | HQ Location |
Online store for the purchase of healthcare and personal care products
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| domain | founded_year | HQ Location |
Health and wellness products are offered via an online pharmacy.
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| domain | founded_year | HQ Location |
Operates an online pharmacy providing convenient access to various medications.
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| domain | founded_year | HQ Location |
Operates an online pharmacy providing prescription and over-the-counter drugs.
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| domain | founded_year | HQ Location |
Offers health supplements, vitamins, masks, and air purifiers for consumer wellness.
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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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Frequently Asked Questions about MedGrocer
When was MedGrocer founded?
MedGrocer was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is MedGrocer located?
MedGrocer is headquartered in Pasig, Philippines. It is registered at Pasig, National Capital Region, Philippines.
What does MedGrocer do?
MedGrocer is an online prescription drug ordering platform. The platform allows users to order drugs after uploading their prescription. The companys pharmacist calls and confirms for the order and then the company sends the drugs. The transaction takes place offline.
Who are the top competitors of MedGrocer?
MedGrocer's top competitors include Mediclick, St. Joseph Drug and Southstar Drug.
What products or services does MedGrocer offer?
MedGrocer offers Order Medicines, Corporate Healthcare Solutions, and Clinic Management Services.
Who are MedGrocer's investors?
MedGrocer has 1 investor. Key investors include AC Health.