About Mediimpact
Mediimpact is a company based in Bengaluru (India) founded in 2020 by S Srinivasa Murthy and Bharatheesh P L. It operates as a B2C, and D2C. Mediimpact has raised $33.85 thousand across 1 funding round from investors including Ramaiah-Evolute. The company has 1 employees as of March 31, 2022. Mediimpact offers products and services including MedPass App, Medicine Delivery, Doctor on Call, Home Blood Collection, and Emergency Medical Loans. Mediimpact operates in a competitive market with competitors including Raksha Health, Qonect, MedMitr, SteppHealth and SmartGram, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 31 Mar, 2022
- Founders S Srinivasa Murthy, Bharatheesh P L
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Mediimpact Healthcare Private Limited
- Date of Incorporation 22 Jun, 2020
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$106.3 K (USD)414.71as on Mar 31, 2022
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Net Profit
$-43.45 K (USD)-25.75as on Mar 31, 2022
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EBITDA
$-38.59 K (USD)-12.23as on Mar 31, 2022
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Total Equity Funding
$33.85 K (USD)
in 1 rounds
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Latest Funding Round
$33.85 K (USD), Seed
May 25, 2023
- Investors
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Employee Count
1
as on Mar 31, 2022
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Products & Services of Mediimpact
Mediimpact offers a comprehensive portfolio of products and services, including MedPass App, Medicine Delivery, Doctor on Call, Home Blood Collection, and Emergency Medical Loans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile app for managing healthcare payments and receiving cashback.
Service for instant delivery of authentic medicines to users' homes.
Platform connecting users with doctors for remote medical advice.
Service for collecting blood samples at home for testing.
Quick approval loans for urgent medical expenses through the app.
Funding Insights of Mediimpact
Mediimpact has successfully raised a total of $33.85K through 1 strategic funding round. The most recent funding activity was a Seed round of $33.85 thousand completed in May 2023. 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 1
- Last Round Seed — $33,848
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First Round
First Round
(25 May 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2023 | Amount | Seed - Mediimpact | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Mediimpact
Mediimpact has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ramaiah-Evolute. 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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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 Mediimpact
| 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 - Mediimpact
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Mediimpact Comparisons
Competitors of Mediimpact
Mediimpact 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 Raksha Health, Qonect, MedMitr, SteppHealth and SmartGram, 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 |
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| domain | founded_year | HQ Location |
Membership-based health cards for medical discounts are offered.
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Healthcare financing is provided through an online credit platform.
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| domain | founded_year | HQ Location |
Offers discount cards to provide affordable access to healthcare services.
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| domain | founded_year | HQ Location |
Offers cancer prevention, health checkups, and treatment via subscription plans.
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| domain | founded_year | HQ Location |
Provides smart health cards for various healthcare services and institutions.
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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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Frequently Asked Questions about Mediimpact
When was Mediimpact founded?
Mediimpact was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Mediimpact located?
Mediimpact is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Mediimpact?
Bharatheesh P L is the current CEO of Mediimpact. They have also founded this company.
Is Mediimpact a funded company?
Mediimpact is a funded company, having raised a total of $33.85K across 1 funding round to date. The company's 1st funding round was a Seed of $33.85K, raised on May 25, 2023.
How many employees does Mediimpact have?
As of Mar 31, 2022, the latest employee count at Mediimpact is 1.
What is the annual revenue of Mediimpact?
Annual revenue of Mediimpact is $106.3K as on Mar 31, 2022.
What does Mediimpact do?
MedPass is a Bangalore-based company offering a mobile app that enables users to manage health expenditures through seamless transactions, including instant cashback up to 25 on medical payments. It provides services like medicine delivery, doctor consultations, home blood collection, and emergency loans. The platform focuses on affordable healthcare access via technology, serving consumers across India with user-friendly features and partnerships with medical providers.
Who are the top competitors of Mediimpact?
Mediimpact's top competitors include Raksha Health, Qonect and MedMitr.
What products or services does Mediimpact offer?
Mediimpact offers MedPass App, Medicine Delivery, Doctor on Call, Home Blood Collection, and Emergency Medical Loans.
Who are Mediimpact's investors?
Mediimpact has 1 investor. Key investors include Ramaiah-Evolute.
What is Mediimpact's valuation?
The valuation of Mediimpact is $758.89K as of May 2023.