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
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Sectors
HealthcareRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Boston Ivy Healthcare Solutions Private Limited
- Date of Incorporation 02 Jul, 2013
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$193.67 M (USD)0as on Mar 31, 2022
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Net Profit
$-2.52 M (USD)0as on Mar 31, 2022
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EBITDA
$-7.05 M (USD)0as on Mar 31, 2022
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Total Equity Funding
$184.89 M (USD)
in 9 rounds
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Latest Funding Round
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Investors
SMFG
& 25 more
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Employee Count
603
as on Mar 31, 2025
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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.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Last Round
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First Round
First Round
(17 Apr 2017)
- Investors Count 26
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Series E - Medikabazaar | Valuation |
investors |
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| Apr, 2022 | Amount | Series D - Medikabazaar | Valuation | Lighthouse | |
| Sep, 2021 | Amount | Series C - Medikabazaar | Valuation | Creaegis , CBC |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 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. 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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Healthcare investment fund focused on innovation and social impact in India.
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Founded Year | Domain | Location | |
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Private equity firm focused on acquisitions
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Founded Year | Domain | Location | |
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Financial schemes and rights management under Creaegis.
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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 Medikabazaar
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Medikabazaar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Medikabazaar Comparisons
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. 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital supply chain management solutions are provided for healthcare providers.
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| domain | founded_year | HQ Location |
Digital procurement platform is utilized by healthcare professionals and buyers.
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| domain | founded_year | HQ Location |
Electronic platform for hospital-supplier contract negotiations is facilitated.
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| domain | founded_year | HQ Location |
End-to-end cloud solution designed to streamline the introduction and evaluation of new medical technology for hospitals and physicians.
https://medium.com/@GreenLightMedical …
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| domain | founded_year | HQ Location |
Integrated logistics and data solutions for digital health are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Medikabazaar
Frequently Asked Questions about Medikabazaar
When was Medikabazaar founded?
Medikabazaar was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Medikabazaar located?
Medikabazaar is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Medikabazaar?
Vivek Tiwari is the current CEO of Medikabazaar. They have also founded this company.
Is Medikabazaar a funded company?
Medikabazaar is a funded company, having raised a total of $184.89M across 9 funding rounds to date. The company's 1st funding round was a Series C of $65.9M, raised on Apr 17, 2017.
How many employees does Medikabazaar have?
As of Mar 31, 2025, the latest employee count at Medikabazaar is 603.
What is the annual revenue of Medikabazaar?
Annual revenue of Medikabazaar is $193.67M as on Mar 31, 2022.
What does Medikabazaar do?
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.
Who are the top competitors of Medikabazaar?
Medikabazaar's top competitors include Impilo, GreenLight Medical and Aknamed.
Who are Medikabazaar's investors?
Medikabazaar has 26 investors. Key investors include SMFG, Toppan, KOIS, HealthQuad, and Ackermans & van Haaren.
What is Medikabazaar's valuation?
The valuation of Medikabazaar is $640.55M as of Apr 2022.
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