About medicostores
medicostores is a Healthcare company based in Hyderabad (India) founded in 2020 by Nagendra Yenugula and Umamahesh Kotapati. Facilitates a digital marketplace connecting pharmacy medicine sellers and buyers securely. It operates on a B2C model. Its Indian entity Medicostores.Com Private Limited reported revenue of ₹4.5 Lakh. Its focus areas include Pharmaceuticals, E-commerce and Medicine Marketplace. Its competitors include API Holdings and Biddano; 2 of its 2 listed competitors have raised funding.
Company details
medicostores, established in 2020, excels in providing healthcare solutions, producing pharmaceutical products, operating online marketplaces, and medicine marketplace. Facilitates a digital marketplace connecting pharmacy medicine sellers and buyers securely. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Hyderabad, India
- Employees 1
- Founders Nagendra Yenugula, Umamahesh Kotapati
- SectorsHealthcare
- Website medicostores.com
- Legal Name Medicostores.Com Private Limited
- Date of Incorporation 13 Apr, 2021
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹4.5 Lakh
FY 2024 · +421% YoY
- Net Loss-₹88,583
FY 2024 · -20% margin
- EBITDA-₹56,786
FY 2024 · -13% margin
- Employee Count1
Associated legal entities of medicostores
medicostores operates through Medicostores.Com 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 |
|---|---|---|---|---|---|---|---|
| Medicostores.Com Private Limited CIN U74999TG2021PTC150543 | Active | 13 Apr 2021 | Hyderabad, Telangana | ₹0.0 Cr | 3 | View details |
Board of directors of Medicostores.Com Private Limited (medicostores)
Medicostores.Com Private Limited is the primary company behind medicostores. The board of Medicostores.Com Private Limited currently have 3 directors; the longest-serving is Durgesh Venkata Akhil Sambhani, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Durgesh Venkata Akhil Sambhani DIN 09144337 | Director | 13 Apr 2021 | 5 yrs 7 mo | Medicostores.Com Private Limited |
| Nagendra Kumar Yenugula DIN 09144335 | Director | 13 Apr 2021 | 5 yrs 7 mo | Medicostores.Com Private Limited |
| Uma Maheswar Rao Kotapati DIN 09144336 | Director | 13 Apr 2021 | 5 yrs 7 mo | Medicostores.Com Private Limited |
People of medicostores
2 people are tracked at medicostores (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
Umamahesh Kotapati | Co-Founder | Leadership |
Complete people profiles for medicostores
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of medicostores
Figures of Medicostores.Com Private Limited, the primary company behind medicostores, for FY 2024. Revenue was ₹4.5 Lakh (+421% year on year). Net loss was -₹88,583 (-20% margin). EBITDA was -₹56,786 (-13% margin).
- ₹4.5 LakhRevenue · FY 2024 · +421% YoY
- -₹88,583Net loss · -20% margin
- -₹56,786EBITDA · -13% margin
- ₹1.3 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Medicostores.Com Private Limited are on its company page.
Detailed financial statements for medicostores
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Competitors of medicostores
medicostores has 2 listed competitors in our database, 2 of them funded. They include API Holdings and Biddano.
| 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. |
Detailed competitors of medicostores
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about medicostores
medicostores was founded in 2020.
medicostores is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
medicostores has 1 employees.
The primary company behind medicostores, Medicostores.Com Private Limited, reported revenue of ₹4.5 Lakh for FY 2024, up 421% year on year.
medicostores, established in 2020, excels in providing healthcare solutions, producing pharmaceutical products, operating online marketplaces, and medicine marketplace. Facilitates a digital marketplace connecting pharmacy medicine sellers and buyers securely. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
medicostores's top competitors include API Holdings and Biddano.
medicostores operates through Medicostores.Com Private Limited.
The legal entities of medicostores currently have 3 directors, including Durgesh Venkata Akhil Sambhani, Nagendra Kumar Yenugula, Uma Maheswar Rao Kotapati.