Medikabazaar

Mumbai, India Founded: 2014 • Age: 12 yrs
Online marketplace for medical supplies, equipment, and devices catering to healthcare providers
Annual revenue $193.7M Latest available
Total funding $184.9M 9 rounds
Employees 603 Tracked headcount
Investors 26 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Medikabazaar

Medikabazaar is a company based in Mumbai (India) founded in 2014 by Rupam Tiwari, Ketan Malkan, and Vivek Tiwari. Medikabazaar has raised $184.89 million across 9 funding rounds from investors including SMFG, Toppan and KOIS. The company has 603 employees as of March 31, 2025. Medikabazaar operates in a competitive market with competitors including Prodigo Solutions, Bttn, Medpricer, GreenLight Medical and Impilo, among others.

  • Headquarter Mumbai, India
  • Employees 603 as on 31 Mar, 2025
  • Founders Rupam Tiwari, Ketan Malkan, Vivek Tiwari
  • Stage Minicorn
  • Sectors
    Healthcare
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Boston Ivy Healthcare Solutions Private Limited
  • Date of Incorporation 02 Jul, 2013
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $193.67 M (USD)
    0
    as on Mar 31, 2022
  • Net Profit
    -$2.52 M (USD)
    0
    as on Mar 31, 2022
  • EBITDA
    -$7.05 M (USD)
    0
    as on Mar 31, 2022
  • Total Equity Funding
    $184.89 M (USD)

    in 9 rounds

  • Latest Funding Round
    Not available
  • Investors
    SMFG

    & 25 more

  • Employee Count
    603

    as on Mar 31, 2025

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People of Medikabazaar

Headcount 500-1000
Employee Profiles 10
Employee Profiles
People
Chandrashekhar Sarang
General Manager Operations
People
Ritu Raj
Software Development Engineer 1
People
Vivek Tiwari
Founder & Chief Executive Officer
People
Vinod Mishra
General Manager (ivf/gyn) Revenue P&l

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Funding Insights of Medikabazaar

Medikabazaar has successfully raised a total of $184.89M across 9 strategic funding rounds. 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 Medikabazaar

Medikabazaar has secured backing from 26 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SMFG, Toppan and KOIS.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Healthcare investment fund focused on innovation and social impact in India.
Locked Locked Locked
Private equity firm focused on acquisitions
Locked Locked Locked
Financial schemes and rights management under Creaegis.
Locked Locked Locked
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Investor details for Medikabazaar

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Investments & Acquisitions by Medikabazaar

Investments
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Investment portfolio details for Medikabazaar

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Financial Statements - Medikabazaar

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Detailed financials for Medikabazaar

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Medikabazaar Comparisons

Medikabazaar Primary company
Description
Online marketplace for medical supplies, equipment, and devi...
Location
Mumbai, India
Founded Year
2014
Annual Revenue
$193.67 M (USD)
Net Profit
-$2.52 M (USD)
EBITDA
-$7.05 M (USD)
Employees
603
As of 2025
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Peer comparison for Medikabazaar

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Competitors of Medikabazaar

Medikabazaar 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 Prodigo Solutions, Bttn, Medpricer, GreenLight Medical and Impilo, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Digital supply chain management solutions are provided for healthcare providers.
Locked Locked Locked
Digital procurement platform is utilized by healthcare professionals and buyers.
Locked Locked Locked
Electronic platform for hospital-supplier contract negotiations is facilitated.
Locked Locked Locked
End-to-end cloud solution designed to streamline the introduction and evaluation of new medical technology for hospitals and physicians. https://medium.com/@GreenLightMedical …
Locked Locked Locked
Integrated logistics and data solutions for digital health are provided.
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Detailed competitors of Medikabazaar

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Latest news on Medikabazaar

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Complete news archive for Medikabazaar

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  • Older coverage
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Frequently Asked Questions about Medikabazaar

Medikabazaar was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Medikabazaar is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Vivek Tiwari is the current CEO of Medikabazaar. They have also founded this company.

Medikabazaar is a funded company, having raised a total of $184.89M across 9 funding rounds to date.

As of Mar 31, 2025, the latest employee count at Medikabazaar is 603.

Annual revenue of Medikabazaar is $193.67M as on Mar 31, 2022.

Medikabazaar was founded in 2014 and is headquartered in Mumbai, India. An online platform is operated for the procurement of medical consumables, equipment, diagnostics, and pharmaceuticals by healthcare facilities. Value-added services, including inventory analytics, asset management, financing, and procurement tools, are provided to optimize processes. The focus is placed on streamlining medical supply chains within the healthcare sector.

Medikabazaar's top competitors include Impilo, GreenLight Medical and Aknamed.

Medikabazaar has 26 investors. Key investors include SMFG, Toppan, KOIS, HealthQuad, and Ackermans & van Haaren.

The valuation of Medikabazaar is $640.55M as of Apr 2022.

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