Medimny

Thane, India Founded: 2019 • Age: 7 yrs
B2B marketplace platform for pharmaceutical products is operated.
Annual revenue $271,396 Latest available
Total funding $206,729 1 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Medimny

Medimny is a company based in Thane (India) founded in 2019 by Nisha Keshari and Vijay Ranjan. Medimny has raised $206.73 thousand across 1 funding round from investors including Vinay Singh, Ashish Kumar and Saurabh Sharma. Medimny operates in a competitive market with competitors including Saveo, MEDdelivery, Retailio, Jetpat and PharmaPe, among others.

  • Headquarter Thane, India
  • Founders Nisha Keshari, Vijay Ranjan
  • Stage Minicorn
  • Sectors
    Healthcare
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Felicitas Digitech Private Limited
  • Date of Incorporation 09 Oct, 2019
  • Jurisdiction Thane, 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
    $271.4 K (USD)
    77.07
    as on Mar 31, 2023
  • Net Profit
    -$71.96 K (USD)
    33.42
    as on Mar 31, 2023
  • EBITDA
    -$27.14 K (USD)
    61
    as on Mar 31, 2023
  • Total Equity Funding
    $206.73 K (USD)

    in 1 rounds

  • Latest Funding Round
    $206.73 K (USD), Seed

    Feb 23, 2021

  • Investors

    & 6 more

  • Employee Count
    Not available
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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.

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.

All
Angel
Investor Description Founded Year Domain Location

Vinay Singh

Angel investor, Partner at Fireside Ventures, focused on consumer brands
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Ashish Kumar

Co-founder of OfBusiness, active angel investor in Indian startups
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Saurabh Sharma

Angel investor, ex-entrepreneur, focused on early-stage Indian startups
Locked Locked Locked
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Investor details for Medimny

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Investments & Acquisitions by Medimny

Investments
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Investment portfolio details for Medimny

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Financial Statements - Medimny

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Detailed financials for Medimny

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Medimny Comparisons

Medimny Primary company
Description
B2B marketplace platform for pharmaceutical products is oper...
Location
Thane, India
Founded Year
2019
Annual Revenue
$271.4 K (USD)
Net Profit
-$71.96 K (USD)
EBITDA
-$27.14 K (USD)
Employees
Not available
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Peer comparison for Medimny

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Competitors of Medimny

Medimny 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 Saveo, MEDdelivery, Retailio, Jetpat and PharmaPe, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Offers a B2B managed marketplace for pharmacies
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Retail pharma procurement is enabled via hyperlocal e-commerce platform.
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Pharmacies, distributors, and manufacturers are connected via a B2B platform.
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Provides a mobile marketplace for medicines with B2B options to facilitate efficient distribution.
Locked Locked Locked
Provides a B2B online marketplace for purchasing pharmaceuticals.
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Detailed competitors of Medimny

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Latest news on Medimny

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Complete news archive for 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.

Annual revenue of Medimny is $271.4K as on Mar 31, 2023.

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.

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