About Medi360
Medi360 is a Healthcare company based in Bengaluru (India) founded in 2014 by Swaraj Sinha and Amit Raj Madnani. Remote telemedicine consultations are provided for healthcare providers and patients. Medi360 has raised $22.04 thousand across 3 funding rounds from investors including IIMCIP, Capria and HITLAB. Medi360 was last valued at $372.98 thousand in January 2017. Its Indian entity Prosperita Medi 360 Private Limited reported revenue of ₹36.3 Lakh. Its focus areas include HealthTech, Healthcare Booking Platforms, Doctors and Telemedicine. Its competitors include Mosaic Wellness, MyHealthcare and Bajaj Finserv Health; 2 of its 3 listed competitors have raised funding.
Company details
Medi360 was founded in 2014 in Bengaluru, India, within the telemedicine sector. Solutions for remote consultations are offered, targeting rural patients through partnerships with medical device and enterprise companies for diagnostics and teleradiology. Services include rural and home consultations, family doctor access, and mobile clinic facilities. An app-based platform is utilized by patients, with features for EHR integration, data management, and consultation oversight.
- Headquarters Bengaluru, India
- Founders Swaraj Sinha, Amit Raj Madnani
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website medi360.in
- Social LinkedIn Facebook
- Legal Name Prosperita Medi 360 Private Limited
- Date of Incorporation 25 Aug, 2014
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹36.3 Lakh
FY 2022 · +11% YoY
- Net Profit₹90,000
FY 2022 · 2% margin
- EBITDA₹3.9 Lakh
FY 2022 · 11% margin
- Total Equity Funding$22.04K (USD)
in 3 rounds
- InvestorsIIMCIP
& 2 more
Associated legal entities of Medi360
Medi360 operates through Prosperita Medi 360 Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Prosperita Medi 360 Private Limited CIN U85100KA2014PTC075995 | Active | 25 Aug 2014 | Bangalore, Karnataka | ₹0.4 Cr | 3 | View details |
Funding Insights of Medi360
Medi360 has successfully raised a total of $22.04K across 3 strategic funding rounds. 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 $22,039
- Total Rounds 3
- First Round $22,039
(Jan 2017)
- Investors Count 3
All 3 funding rounds of Medi360 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
Last known valuation $372,977 (Jan 2017). 3 investors in total: 3 institutional.
Investors in Medi360
Medi360 has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include IIMCIP, Capria and HITLAB.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in applied generative AI | capria.vc | Seattle, United States | ||
Incubation and acceleration services for startups in innovation and regional development. | 2014 | iimcip.org | Kolkata, India | |
Conducts healthcare research, hosts events, and fosters tech innovation. | 1998 | hitlab.org | New York, United States |
Investor details for Medi360
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Prosperita Medi 360 Private Limited (Medi360)
Prosperita Medi 360 Private Limited is the primary company behind Medi360. The board of Prosperita Medi 360 Private Limited currently have 3 directors; the longest-serving is Swaraj Kiran Sinha, appointed in 2014. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Swaraj Kiran Sinha DIN 00212460 | Director | 25 Aug 2014 | 12 yrs 2 mo | Prosperita Medi 360 Private Limited |
| Krishnamurthy Shivakumar DIN 06931400 | Director | 30 May 2017 | 9 yrs 5 mo | Prosperita Medi 360 Private Limited |
| Mitesh Mallick DIN 09057114 | Additional Director | 06 Feb 2021 | 5 yrs 9 mo | Prosperita Medi 360 Private Limited |
People of Medi360
2 people are tracked at Medi360 (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Amit Raj Madnani | Co-Founder | Leadership |
Complete people profiles for Medi360
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Medi360
Figures of Prosperita Medi 360 Private Limited, the primary company behind Medi360, for FY 2022. Revenue was ₹36.3 Lakh (+11% year on year). Net profit was ₹90,000 (2% margin). EBITDA was ₹3.9 Lakh (11% margin). Revenue has grown at a compounded annual rate of +15% over three years and +39% over five years.
- ₹36.3 LakhRevenue · FY 2022 · +11% YoY
- ₹90,000Net profit · 2% margin
- ₹3.9 LakhEBITDA · 11% margin
- ₹2.6 LakhPaid-up capital
- +15%Revenue CAGR, 3 years
- +39%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Prosperita Medi 360 Private Limited are on its company page.
Detailed financial statements for Medi360
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Medi360
3 dated milestones of Medi360 across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Medi360 is founded.
- Funding First funding round of $22K.
- Funding Latest funding round, Grant,.
Competitors of Medi360
Medi360 has 3 listed competitors in our database, 2 of them funded. They include Mosaic Wellness, MyHealthcare and Bajaj Finserv Health.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mosaicwellness.in | 2019 | Mumbai, India | $68M | 445 | Provider of digital health coaching platforms for men, women, and parents | |
| myhealthcare.co | 2017 | Gurugram, India | $12.68M | 128 | Provider of comprehensive digital healthcare ecosystem | |
| bajajfinservhealth.in | 2019 | Pune, India | 813 | Provides online doctor consultations, lab bookings, and medicine ordering services. |
Detailed competitors of Medi360
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.
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
Related news about Medi360
Complete news archive for Medi360
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 Medi360
Medi360 was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Medi360 is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Medi360 is a funded company, having raised a total of $22.04K across 3 funding rounds to date. The company's 1st funding round was a Seed of $22.04K, raised on Jan 2017.
The primary company behind Medi360, Prosperita Medi 360 Private Limited, reported revenue of ₹36.3 Lakh for FY 2022, up 11% year on year.
Medi360 was founded in 2014 in Bengaluru, India, within the telemedicine sector. Solutions for remote consultations are offered, targeting rural patients through partnerships with medical device and enterprise companies for diagnostics and teleradiology. Services include rural and home consultations, family doctor access, and mobile clinic facilities. An app-based platform is utilized by patients, with features for EHR integration, data management, and consultation oversight.
Medi360's top competitors include Mosaic Wellness, MyHealthcare and Bajaj Finserv Health.
The valuation of Medi360 is $372.98K as of Jan 2017.
Medi360 operates through Prosperita Medi 360 Private Limited.
The legal entities of Medi360 currently have 3 directors, including Krishnamurthy Shivakumar, Mitesh Mallick, Swaraj Kiran Sinha.