About Medicea
Medicea is a Healthcare company based in Delhi (India) founded in 2015 by Sanjay Singh. Order management is facilitated for pharmacy supply chains. Medicea has raised $138.5 thousand across 2 funding rounds from investors including NovoJuris, Deepti Mehta and Priyank Kothari. Medicea was last valued at $1.38 million in July 2017. Its Indian entity Medicea Technology Solutions Private Limited reported revenue of ₹24 Lakh. Its focus areas include HealthTech, Pharmacy IT, Supply Chain Management and Procurement. Its competitors include API Holdings, Biddano and MEDdelivery; 3 of its 3 listed competitors have raised funding.
Company details
Medicea was founded in 2015 in Delhi, India, as an order management system within the pharmacy supply chain sector. Access to the platform is enabled via email or phone login for retailers and distributors. Services include viewing drug details such as active ingredients, market prices, expiry dates, and other updates. Over 300,000 medicines are listed, with more than 10,000 users reported as of January 2016.
- Headquarters Delhi, India
- Founders Sanjay Singh
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Website medicea.in
- Social LinkedIn Facebook
- Legal Name Medicea Technology Solutions Private Limited
- Date of Incorporation 05 Oct, 2015
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹24 Lakh
FY 2017 · +15911% YoY
- Net Loss-₹10.3 Lakh
FY 2017 · -43% margin
- EBITDA-₹9 Lakh
FY 2017 · -37% margin
- Total Equity Funding$138.5K (USD)
in 2 rounds
- Latest Funding Round$108.75K (USD), Seed
Jul 2017
- InvestorsNovoJuris
& 21 more
Associated legal entities of Medicea
Medicea operates through Medicea Technology Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Medicea Technology Solutions Private Limited CIN U74999DL2015PTC285991 | Active | 05 Oct 2015 | New Delhi, Delhi | ₹0.2 Cr | 3 | View details |
Funding Insights of Medicea
Medicea has successfully raised a total of $138.5K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $108.75 thousand completed in July 2017. 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 $138,502
- Total Rounds 2
- Last Round Seed — $108,748
- First Round $29,754
(Jan 2016)
- Investors Count 22
All 2 funding rounds of Medicea with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2017 | $108,748 | Seed | $1.38M | Deepti Mehta, Utsav Garg | |
| Jan 2016 | $29,754 | Seed | $265,529 | Suhail Chander, Pradeep Kumar |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2017 | $1.38M | •••••••• |
Last known valuation $1.38M (Jul 2017). 22 investors in total: 1 institutional and 21 angel.
Investors in Medicea
Medicea has secured backing from 22 investors, including angel and institutional investors. Prominent investors backing the company include NovoJuris, Deepti Mehta and Priyank Kothari.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Legal services in venture capital, intellectual property, and mergers for technology and startups. | 2008 | novojuris.com | Bengaluru, India | |
DM Deepti Mehta | unknown_d3eff5588c9640a59 | |||
PK Priyank Kothari | Angel investor and entrepreneur, co-founder of Zostel, active in Indian startup ecosystem | unknown_b37a03bad3d348eaa | ||
AK Arpita Kothari | unknown_1d7bb12e91b443acb | |||
VB Vishal Bansal | Angel investor and entrepreneur, co-founder of Nova Benefits, focused on insurtech | unknown_5e05410818404f4c9 | ||
PS Pritesh Singla | unknown_2f7c5903cdcf4af48 | |||
PP Pameela Pattabiraman | unknown_f363c199dde2466ba | |||
MS Manjit Singh | Angel investor, founder of Rubique, focused on fintech and tech startups | unknown_9cf8eebc2ad742ecb | ||
UG Utsav Garg | unknown_2b11e5457e8c4b8aa | |||
VB Vishal Bansal | Angel investor, co-founder of Nova Benefits, focused on insurtech and startups | unknown_f217e79d54be45dd8 |
Investor details for Medicea
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 Medicea Technology Solutions Private Limited (Medicea)
Medicea Technology Solutions Private Limited is the primary company behind Medicea. The board of Medicea Technology Solutions Private Limited currently have 3 directors; the longest-serving is Sanjay Singh, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjay Singh DIN 07274123 | Director | 05 Oct 2015 | 11 yrs | Medicea Technology Solutions Private Limited |
| Amit Kumar DIN 07277226 | Director | 05 Oct 2015 | 11 yrs | Medicea Technology Solutions Private Limited |
| Ashish Kumar DIN 07030866 | Director | 05 Oct 2015 | 11 yrs | Medicea Technology Solutions Private Limited |
People of Medicea
1 people are tracked at Medicea (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Medicea
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 Medicea
Figures of Medicea Technology Solutions Private Limited, the primary company behind Medicea, for FY 2017. Revenue was ₹24 Lakh (+15911% year on year). Net loss was -₹10.3 Lakh (-43% margin). EBITDA was -₹9 Lakh (-37% margin).
- ₹24 LakhRevenue · FY 2017 · +15911% YoY
- -₹10.3 LakhNet loss · -43% margin
- -₹9 LakhEBITDA · -37% margin
- ₹1.1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Medicea Technology Solutions Private Limited are on its company page.
Detailed financial statements for Medicea
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 Medicea
4 dated milestones of Medicea across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Medicea is founded.
- Funding First funding round of $30K.
- Funding Latest funding round, Seed, of $109K.
- Milestone Reaches Minicorn status.
Competitors of Medicea
Medicea has 3 listed competitors in our database, 3 of them funded. They include API Holdings, Biddano and MEDdelivery.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| apiholdings.in | 2012 | Mumbai, India | $1.19B | 221 | Digital healthcare tools are offered for pharmacies and clinics management. | |
| biddano.com | 2016 | Pune, India | $6.97M | 19 | Cloud-based supply chain management is provided for pharmacies and hospitals. | |
| meddelivery.in | 2018 | Jaipur, India | $1.66M | 3 | Retail pharma procurement is enabled via hyperlocal e-commerce platform. |
Detailed competitors of Medicea
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.
Top companies in Pharmacy & Healthcare Retail Systems
2 companies that operate in the same segment as Medicea (Pharmacy & Healthcare Retail Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers a B2B managed marketplace for pharmacies | 2019 | Bengaluru, Karnataka, India | USD 20.02 M | USD 20.23 M | 218 | |
Digital healthcare tools are offered for pharmacies and clinics management. | 2012 | Mumbai, Maharashtra, India | USD 1.19 B | USD 805.55 M | 215 |
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Frequently Asked Questions about Medicea
Medicea was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Medicea is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Medicea is a funded company, having raised a total of $138.5K across 2 funding rounds to date. The company's 1st funding round was a Seed of $29.75K, raised on Jan 2016.
The primary company behind Medicea, Medicea Technology Solutions Private Limited, reported revenue of ₹24 Lakh for FY 2017, up 15911% year on year.
Medicea was founded in 2015 in Delhi, India, as an order management system within the pharmacy supply chain sector. Access to the platform is enabled via email or phone login for retailers and distributors. Services include viewing drug details such as active ingredients, market prices, expiry dates, and other updates. Over 300,000 medicines are listed, with more than 10,000 users reported as of January 2016.
Medicea's top competitors include API Holdings, Biddano and MEDdelivery.
Medicea has 22 investors. Key investors include NovoJuris, Deepti Mehta, Priyank Kothari, Arpita Kothari, and Vishal Bansal.
The valuation of Medicea is $1.38M as of Jul 2017.
Medicea operates through Medicea Technology Solutions Private Limited.
The legal entities of Medicea currently have 3 directors, including Sanjay Singh, Amit Kumar, Ashish Kumar.