About Medi News Pharma
Medi News Pharma is a Healthcare company based in Erode (India). It manufactures and sells pharmaceutical drugs and health supplements online. It operates on a D2C and B2B model. Its Indian entity Medinews Pharma India Private Limited reported revenue of ₹55.2 Lakh. Medi News Pharma offers products and services including Pharmaceutical Products and Other Supplements. Its focus areas include Pharmaceuticals, Drug Manufacturing, Generic and Branded Medicines and Supplements. Similar companies include Tata 1mg, Netmeds and Truemeds; 3 of its 3 listed similar companies have raised funding.
Company details
Medinews Pharma India Private Limited, founded in 2011, operates as a pharmaceutical company in Erode, Tamilnadu, India. It produces and distributes a wide range of medicines and supplements, focusing on quality and innovation for domestic and export markets. The company emphasizes customer care, team collaboration, and global expansion through online sales and registrations, serving consumers and healthcare needs.
- Headquarters Erode, India
- SectorsHealthcare
- Email••••••••
- Website medinewspharma.in
- Social X Instagram
- Legal Name Medinews Pharma India Private Limited
- Date of Incorporation 22 Sep, 2011
- Jurisdiction Erode, Tamil Nadu, India
- Annual Revenue₹55.2 Lakh
FY 2024 · -12% YoY
- Net Profit₹2.3 Lakh
FY 2024 · 4% margin
- EBITDA₹3.9 Lakh
FY 2024 · 7% margin
Associated legal entities of Medi News Pharma
Medi News Pharma operates through Medinews Pharma India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Medinews Pharma India Private Limited CIN U24230TZ2011PTC017444 | Active | 22 Sep 2011 | Erode, Tamil Nadu | ₹0.6 Cr | 12 | View details |
Products & Services of Medi News Pharma
Medi News Pharma offers a comprehensive portfolio of products and services, including Pharmaceutical Products and Other Supplements.
Essential drugs for treating various health conditions.
Nutritional aids to support daily wellness needs.
Board of directors of Medinews Pharma India Private Limited (Medi News Pharma)
Medinews Pharma India Private Limited is the primary company behind Medi News Pharma. The board of Medinews Pharma India Private Limited currently have 12 directors; the longest-serving is Chinnaraj Mailerravindran, appointed in 2011. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chinnaraj Mailerravindran DIN 03598701 | Director | 22 Sep 2011 | 15 yrs 1 mo | Medinews Pharma India Private Limited |
| Subramaniam Ganesan DIN 03587081 | Director | 22 Sep 2011 | 15 yrs 1 mo | Medinews Pharma India Private Limited |
| Kirubakaran Kondaiyampalayam Ranganathan DIN 03587105 | Director | 22 Sep 2011 | 15 yrs 1 mo | Medinews Pharma India Private Limited |
| Prakash Jayanthkumar DIN 03587070 | Director | 22 Sep 2011 | 15 yrs 1 mo | Medinews Pharma India Private Limited |
| Namasivayam Veerasivam DIN 03587114 | Director | 22 Sep 2011 | 15 yrs 1 mo | Medinews Pharma India Private Limited |
| Kodikalpalayam Abulhasan Mohammedyusuf DIN 03010641 | Director | 22 Sep 2011 | 15 yrs 1 mo | Medinews Pharma India Private Limited |
| Gopalsamy Ravindran DIN 03576307 | Director | 22 Sep 2011 | 15 yrs 1 mo | Medinews Pharma India Private Limited |
| Palaniappan Sellappagounder Marappan DIN 03565833 | Director | 22 Sep 2011 | 15 yrs 1 mo | Medinews Pharma India Private Limited |
| Duraisamy Gounder Kandaswami DIN 00404413 | Director | 22 Sep 2011 | 15 yrs 1 mo | Medinews Pharma India Private Limited |
| Velusamy Senthilkumar DIN 05109151 | Director | 21 Feb 2012 | 14 yrs 8 mo | Medinews Pharma India Private Limited |
| Sembagounder Kaligoundan DIN 00096378 | Director | 28 Mar 2013 | 13 yrs 7 mo | Medinews Pharma India Private Limited |
| Viswanathan Ponnuswamy DIN 02526927 | Director | 28 Mar 2013 | 13 yrs 7 mo | Medinews Pharma India Private Limited |
Financials of Medi News Pharma
Figures of Medinews Pharma India Private Limited, the primary company behind Medi News Pharma, for FY 2024. Revenue was ₹55.2 Lakh (-12% year on year). Net profit was ₹2.3 Lakh (4% margin). EBITDA was ₹3.9 Lakh (7% margin). Revenue has grown at a compounded annual rate of -3% over three years and -10% over five years.
- ₹55.2 LakhRevenue · FY 2024 · -12% YoY
- ₹2.3 LakhNet profit · 4% margin
- ₹3.9 LakhEBITDA · 7% margin
- ₹67.6 LakhPaid-up capital
- -3%Revenue CAGR, 3 years
- -10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Medinews Pharma India Private Limited are on its company page.
Detailed financial statements for Medi News Pharma
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Similar companies to Medi News Pharma
Medi News Pharma has 3 listed similar companies in our database, 3 of them funded. They include Tata 1mg, Netmeds and Truemeds.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 1mg.com | 2015 | Delhi, India | $230.8M | 4,419 | Provider of an online pharmacy with doctor listing and teleconsultation services | |
| netmeds.com | 2015 | Chennai, India | $109M | 988 | Provider of an online store for medicines and healthcare products | |
| truemeds.in | 2019 | Mumbai, India | $112.97M | 345 | Provider of an online pharmacy and telehealth platform |
Detailed similar companies of Medi News Pharma
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Frequently Asked Questions about Medi News Pharma
Medi News Pharma is headquartered in Erode, India. It is registered at Erode, Tamil Nadu, India.
The primary company behind Medi News Pharma, Medinews Pharma India Private Limited, reported revenue of ₹55.2 Lakh for FY 2024, down 12% year on year.
Medinews Pharma India Private Limited, founded in 2011, operates as a pharmaceutical company in Erode, Tamilnadu, India. It produces and distributes a wide range of medicines and supplements, focusing on quality and innovation for domestic and export markets. The company emphasizes customer care, team collaboration, and global expansion through online sales and registrations, serving consumers and healthcare needs.
Medi News Pharma offers Pharmaceutical Products and Other Supplements.
Medi News Pharma operates through Medinews Pharma India Private Limited.
The legal entities of Medi News Pharma currently have 12 directors, including Sembagounder Kaligoundan, Chinnaraj Mailerravindran, Subramaniam Ganesan and others.