About MediAngels
MediAngels is a company based in Mumbai (India) founded in 2009 was acquired by Tata 1mg in December 2016.. MediAngels has raised $2.18 million across 6 funding rounds from investors including Tata 1mg, HDFC and Ventureast. MediAngels operates in a competitive market with competitors including Visit Health, Mosaic Wellness, MyHealthcare, Bajaj Finserv Health and DocsApp, among others.
- Headquarter Mumbai, India
- Stage Minicorn
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Angels Health Private Limited
- Date of Incorporation 15 Mar, 2010
- Jurisdiction Navi Mumbai, Maharashtra, India
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Annual Revenue
$36.35 K (USD)838as on Mar 31, 2015
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Net Profit
$-230.17 K (USD)-94as on Mar 31, 2015
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EBITDA
$-160.49 K (USD)-28as on Mar 31, 2015
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Total Equity Funding
$2.18 M (USD)
in 6 rounds
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Latest Funding Round
$380.75 K (USD), Seed
Mar 16, 2015
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Investors
Tata 1mg
& 14 more
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Employee Count
Employee Count
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Acquired by
Tata 1mg
(Dec 14, 2016)
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Funding Insights of MediAngels
MediAngels has successfully raised a total of $2.18M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $380.75 thousand completed in March 2015. 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 6
- Last Round Seed — $380,753
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First Round
First Round
(22 Nov 2010)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Seed - MediAngels | Valuation | Saurabh Kumar Mittal | |
| Oct, 2014 | Amount | Seed - MediAngels | Valuation | Ventureast , Technology Development Board |
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| Jun, 2014 | Amount | Grant - MediAngels | Valuation |
investors |
| 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 MediAngels
MediAngels has secured backing from 15 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Tata 1mg, HDFC and Ventureast. 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 investments in technology, healthcare, and clean environment sectors since 1997.
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Founded Year | Domain | Location | |
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Financial assistance and support for technology development and commercialization in various sectors.
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Founded Year | Domain | Location | |
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Science and technology promotion is managed by this department.
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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 MediAngels
| 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 - MediAngels
| 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 |
Mediangels Comparisons
Competitors of MediAngels
MediAngels 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 Visit Health, Mosaic Wellness, MyHealthcare, Bajaj Finserv Health and DocsApp, 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 |
Operator of a platform providing wellness and outpatient healthcare benefit solutions
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| domain | founded_year | HQ Location |
Provider of digital health coaching platforms for men, women, and parents
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| domain | founded_year | HQ Location |
Provider of comprehensive digital healthcare ecosystem
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| domain | founded_year | HQ Location |
Provides online doctor consultations, lab bookings, and medicine ordering services.
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| domain | founded_year | HQ Location |
Chat-based mobile app for doctor teleconsultations is provided to patients.
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| domain | founded_year | HQ Location |
Personalized wellness solutions are delivered via a digital healthcare platform.
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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 Mediangels
Frequently Asked Questions about MediAngels
When was MediAngels founded?
MediAngels was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is MediAngels located?
MediAngels is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is MediAngels a funded company?
MediAngels is a funded company, having raised a total of $2.18M across 6 funding rounds to date. The company's 1st funding round was a Grant of $647.13K, raised on Nov 22, 2010.
What is the annual revenue of MediAngels?
Annual revenue of MediAngels is $36.35K as on Mar 31, 2015.
What does MediAngels do?
Online telemedicine platform for specialist consultation and second opinion. The portal also enables users to exchange information with doctors by sending them medical reports through live chat. The company also allows users to request for blood and other diagnostic tests at home itself where they can make an appointment on the portal and the lab personnel from a nearby location will collect samples from patients residence. It has also tied up with the insurance providers for giving the second opinion to their customers.
Who are the top competitors of MediAngels?
MediAngels's top competitors include Mosaic Wellness, Visit Health and DocsApp.
Who are MediAngels's investors?
MediAngels has 15 investors. Key investors include Tata 1mg, HDFC, Ventureast, Technology Development Board, and Emmessar Biotech & Nutrition.
What is MediAngels's valuation?
The valuation of MediAngels is $1.44M as of Mar 2015.
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