About Medify
Medify is a company based in Mumbai (India) founded in 2019 by Kairav Shah. It operates as a SaaS (Software-as-a-Service), Managed Services, and HealthTech. Medify has raised $1 million across 1 funding round from investors including Authum Investment & Infrastructure, Global Media Ventures and Bakulesh Shah Private Trust. The company has 1 employees as of April 08, 2024. Medify offers products and services including Hospital Management Software, Clinic Management Software, Pharmacy Management Software, Custom Mobile Applications, and WhatsApp Automation Agents. Medify operates in a competitive market with competitors including Hinge Health, MediBuddy, Practo, Cerner and ekincare, among others.
- Headquarter Mumbai, India
- Employees 1 as on 08 Apr, 2024
- Founders Kairav Shah
- Stage Minicorn
-
Sectors
HealthcareTechnology
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Medify Nexus Private Limited
- Date of Incorporation 18 Mar, 2021
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$1 M (USD)
in 1 rounds
-
Latest Funding Round
$1 M (USD), Seed
Nov 30, 2022
-
Investors
Authum Investment & Infrastructure
& 7 more
-
Employee Count
1
as on Apr 08, 2024
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
Products & Services of Medify
Medify offers a comprehensive portfolio of products and services, including Hospital Management Software, Clinic Management Software, Pharmacy Management Software, Custom Mobile Applications, and WhatsApp Automation Agents.
Software for hospital administration with analytics and integration.
Solution for clinic efficiency with data-driven management tools.
Integrated tool for pharmacy operations and customer retention.
Tailored mobile apps for specific healthcare use-cases.
Automated WhatsApp tools for healthcare engagement and inquiries.
Funding Insights of Medify
Medify has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in November 2022. 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.
Investors in Medify
Medify has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Authum Investment & Infrastructure, Global Media Ventures and Bakulesh Shah Private Trust.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Retail sector investments are managed by Global Media Ventures.
|
Locked | Locked | Locked | |
|
Diversified investments in infrastructure and other sectors are managed.
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked |
Investor details for Medify
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Medify
Investment portfolio details for Medify
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Medify
Detailed financials for Medify
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Medify Comparisons
Peer comparison for Medify
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Medify
Medify 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 Hinge Health, MediBuddy, Practo, Cerner and ekincare, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Virtual physical therapy and digital pain care solutions are provided.
|
|
| Locked | Locked | Locked |
Online platform offering multiple healthcare services
|
|
| Locked | Locked | Locked |
Doctor appointments are booked and healthcare professionals are consulted online.
|
|
| Locked | Locked | Locked |
Online platform for employee health benefits
|
|
| Locked | Locked | Locked |
Employee wellness is managed via a digital health benefits platform.
|
|
| Locked | Locked | Locked |
Digital healthcare tools are offered for pharmacies and clinics management.
|
Detailed competitors of Medify
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Medify
Complete news archive for Medify
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 Medify
Medify was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Medify is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Kairav Shah is the current CEO of Medify. They have also founded this company.
Medify is a funded company, having raised a total of $1M across 1 funding round to date.
As of Apr 08, 2024, the latest employee count at Medify is 1.
Healthcare software and integrated solutions are offered by Medify for hospitals, clinics, and pharmacies. Scalable and customizable products are developed to streamline operations, enhance patient engagement, and provide data-driven insights. Sectors such as hospital management, clinic efficiency, and pharmacy operations are covered with tailored software. Branded solutions including custom mobile apps and e-commerce platforms are also provided. CRM tools and API integrations are included to modernize processes and ensure seamless connectivity across platforms.
Medify's top competitors include MediBuddy, Hinge Health and ekincare.
Medify offers Hospital Management Software, Clinic Management Software, Pharmacy Management Software, Custom Mobile Applications, and WhatsApp Automation Agents.
Medify has 8 investors. Key investors include Authum Investment & Infrastructure, Global Media Ventures, Bakulesh Shah Private Trust, Virendra Vaghela, and Bela Atish Mody.
The valuation of Medify is $9.82M as of Nov 2022.