About Medimny
Medimny is a Healthcare company based in Thane (India) founded in 2019 by Nisha Keshari and Vijay Ranjan. B2B marketplace platform for pharmaceutical products is operated. It operates in the Healthcare and Retail sectors. Medimny has raised $206.73 thousand across 1 funding round from investors including Vinay Singh, Ashish Kumar and Saurabh Sharma. Medimny was last valued at $3.53 million in February 2021. Its website medimny.com draws about 16 thousand monthly visits. Its Indian entity Felicitas Digitech Private Limited reported revenue of ₹3.97 Cr. Its focus areas include HealthTech, Pharmacy IT, B2B E-Commerce and Marketplace. Its competitors include Saveo, MEDdelivery and Retailio; 2 of its 3 listed competitors have raised funding.
Company details
Medimny was established in 2019 in Thane, India, as a B2B platform focused on the pharmaceutical sector. Pharmaceutical products, including antibiotics, analgesics, antifungals, antidiabetics, general medicines, vitamins, supplements, and injections, are traded through this marketplace. Connections between buyers and sellers are facilitated across various categories, supporting operations in the Indian pharmaceutical industry.
- Headquarters Thane, India
- Founders Nisha Keshari, Vijay Ranjan
- Stage Minicorn
- SectorsHealthcareRetail
- Email••••••••
- Phone•••• ••••
- Website medimny.com
- Social LinkedIn
- Legal Name Felicitas Digitech Private Limited
- Date of Incorporation 09 Oct, 2019
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹3.97 Cr
FY 2024 · +76% YoY
- Net Loss-₹39.7 Lakh
FY 2024 · -10% margin
- EBITDA-₹32.2 Lakh
FY 2024 · -8% margin
- Total Equity Funding$206.73K (USD)
in 1 rounds
- Latest Funding Round$206.73K (USD), Seed
Feb 2021
Associated legal entities of Medimny
Medimny operates through Felicitas Digitech 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 |
|---|---|---|---|---|---|---|---|
| Felicitas Digitech Private Limited CIN U52100MH2019PTC331462 | Active | 09 Oct 2019 | Thane, Maharashtra | ₹4.0 Cr | 10 | 2 | View details |
Funding Insights of Medimny
Medimny has successfully raised a total of $206.73K through 1 strategic funding round. The most recent funding activity was a Seed round of $206.73 thousand completed in February 2021. 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 $206,729
- Total Rounds 1
- Last Round Seed — $206,729
- First Round $206,729
(Feb 2021)
- Investors Count 7
All 1 funding rounds of Medimny with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2021 | $206,729 | Seed | $3.53M | Vinay Singh |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2021 | $3.53M | •••••••• |
Last known valuation $3.53M (Feb 2021). 7 investors in total: 0 institutional and 7 angel.
Investors in Medimny
Medimny has secured backing from 7 investors, including angel investors. Prominent investors backing the company include Vinay Singh, Ashish Kumar and Saurabh Sharma.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VS Vinay Singh | Angel investor, Partner at Fireside Ventures, focused on consumer brands | unknown_e161f1bdee844a39b | ||
AK Ashish Kumar | Co-founder of OfBusiness, active angel investor in Indian startups | unknown_308616386fa4410cb | ||
SS Saurabh Sharma | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_7984b773e67f404ea | ||
RJ Rajesh Jhunjhunwala | unknown_f8c277dffb14462cb | |||
SJ Sarika Jain | unknown_52a5937601b54ef39 | |||
KN Kumari Nevedita | unknown_b6ceebdb7b7346f4b | |||
AK Abishek Kesari | unknown_5bf928f47f334a7e8 |
Investor details for Medimny
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Board of directors of Felicitas Digitech Private Limited (Medimny)
Felicitas Digitech Private Limited is the primary company behind Medimny. The board of Felicitas Digitech Private Limited currently have 2 directors; the longest-serving is Nisha Keshari, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nisha Keshari DIN 08582586 | Director | 09 Oct 2019 | 7 yrs | Felicitas Digitech Private Limited |
| Vijay Ranjan DIN 07823117 | Director | 12 Feb 2022 | 4 yrs 8 mo | Felicitas Digitech Private Limited |
People of Medimny
2 people are tracked at Medimny (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership | |
| Co-Founder & Director | Leadership |
Complete people profiles for Medimny
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Medimny
Figures of Felicitas Digitech Private Limited, the primary company behind Medimny, for FY 2024. Revenue was ₹3.97 Cr (+76% year on year). Net loss was -₹39.7 Lakh (-10% margin). EBITDA was -₹32.2 Lakh (-8% margin). Revenue has grown at a compounded annual rate of +117% over three years.
- ₹3.97 CrRevenue · FY 2024 · +76% YoY
- -₹39.7 LakhNet loss · -10% margin
- -₹32.2 LakhEBITDA · -8% margin
- ₹69.1 LakhPaid-up capital
- 10Employees (provident fund records)
- +117%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Felicitas Digitech Private Limited are on its company page.
Detailed financial statements for Medimny
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Medimny
3 dated milestones of Medimny across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Medimny is founded.
- Funding First funding round of $207K.
- Milestone Reaches Minicorn status.
Competitors of Medimny
Medimny has 3 listed competitors in our database, 2 of them funded. They include Saveo, MEDdelivery and Retailio.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| saveo.in | 2019 | Bengaluru, India | $20.02M | 146 | Offers a B2B managed marketplace for pharmacies | |
| meddelivery.in | 2018 | Jaipur, India | $1.66M | 3 | Retail pharma procurement is enabled via hyperlocal e-commerce platform. | |
| retailio.in | 2017 | Pune, India | 231 | Pharmacies, distributors, and manufacturers are connected via a B2B platform. |
Detailed competitors of Medimny
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Medimny
The website of Medimny (medimny.com) receives about 16K visits a month.
- Monthly visits16K
▲ 6.9% vs previous month
Websites whose visitors overlap most with Medimny. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| retailershakti.com | 100% | 188.9K | #204,331 | View details | |
drdistributor.com | drdistributor.com | 90% | #1,007,244 | – |
Top companies in Pharmacy & Healthcare Retail Systems
2 companies that operate in the same segment as Medimny (Pharmacy & Healthcare Retail Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers a B2B managed marketplace for pharmacies | 2019 | Bengaluru, Karnataka, India | USD 20.02 M | USD 20.23 M | 218 | |
Digital healthcare tools are offered for pharmacies and clinics management. | 2012 | Mumbai, Maharashtra, India | USD 1.19 B | USD 805.55 M | 215 |
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Related news about Medimny
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Frequently Asked Questions about Medimny
Medimny was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Medimny is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
Medimny is a funded company, having raised a total of $206.73K across 1 funding round to date. The company's 1st funding round was a Seed of $206.73K, raised on Feb 2021.
The primary company behind Medimny, Felicitas Digitech Private Limited, reported revenue of ₹3.97 Cr for FY 2024, up 76% year on year.
Medimny was established in 2019 in Thane, India, as a B2B platform focused on the pharmaceutical sector. Pharmaceutical products, including antibiotics, analgesics, antifungals, antidiabetics, general medicines, vitamins, supplements, and injections, are traded through this marketplace. Connections between buyers and sellers are facilitated across various categories, supporting operations in the Indian pharmaceutical industry.
Medimny's top competitors include Saveo, Retailio and MEDdelivery.
Medimny has 7 investors. Key investors include Vinay Singh, Ashish Kumar, Saurabh Sharma, Rajesh Jhunjhunwala, and Sarika Jain.
The valuation of Medimny is $3.53M as of Feb 2021.
Medimny operates through Felicitas Digitech Private Limited.
The legal entities of Medimny currently have 2 directors, including Vijay Ranjan, Nisha Keshari.