MedLabz

Mumbai, India Founded: 2015 • Age: 11 yrs Acquired By Medlife
Diagnostic tests are booked online with home collection options offered.
Annual revenue - Latest available
Total funding $360,311 4 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About MedLabz

MedLabz is a company based in Mumbai (India) founded in 2015 by Nimish Mehta was acquired by Medlife in January 2019. MedLabz has raised $360.31 thousand across 4 funding rounds from investors including Medlife, Anil Tandon and Sajiv Chandra. MedLabz operates in a competitive market with competitors including Healthians, Watch Your Health, Hindustan Wellness, LifeWell and 1mg Labs, among others.

  • Headquarter Mumbai, India
  • Founders Nimish Mehta
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $360.31 K (USD)

    in 4 rounds

  • Latest Funding Round
    $201.77 K (USD), Seed

    Nov 30, 2017

  • Investors
    Medlife

    & 9 more

  • Employee Count
    Not available
  • Acquired by
    Medlife

    (Jan 31, 2019)

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Funding Insights of MedLabz

MedLabz has successfully raised a total of $360.31K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $201.77 thousand completed in November 2017. 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 MedLabz

MedLabz has secured backing from 10 investors, including angel investors. Prominent investors backing the company include Medlife, Anil Tandon and Sajiv Chandra.

All
Angel
Investor Description Founded Year Domain Location

Anil Tandon

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Sajiv Chandra

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Rohit Chadha

Angel investor and entrepreneur, co-founder of Zappfresh, focused on agritech
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Investor details for MedLabz

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Investments & Acquisitions by MedLabz

Investments
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Investment portfolio details for MedLabz

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Financial Statements - MedLabz

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Detailed financials for MedLabz

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Medlabz Comparisons

MedLabz Primary company
Description
Diagnostic tests are booked online with home collection opti...
Location
Mumbai, India
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for MedLabz

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Competitors of MedLabz

MedLabz 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 Healthians, Watch Your Health, Hindustan Wellness, LifeWell and 1mg Labs, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online platform for at home diagnostic tests and health checkups
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Preventive healthcare platform offering diagnostic test and doctor consultation
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Mobile app for booking preventive health checkups and maintaining personal health records
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Provider of an online marketplace for diagnostics labs
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Online platform for booking lab tests, ordering medicines, and consultations.
Locked Locked Locked
Offers annual health check-ups, pre-employment screenings, and corporate wellness programs.
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Detailed competitors of MedLabz

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Latest news on Medlabz

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Complete news archive for MedLabz

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Frequently Asked Questions about MedLabz

MedLabz was founded in 2015 and raised its 1st funding round 1 year after it was founded.

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

Siddharth Bidwan is the current CEO of MedLabz.

MedLabz is a funded company, having raised a total of $360.31K across 4 funding rounds to date.

MedLabz was established in 2015 in Mumbai, India, within the healthcare sector. An online platform is operated to allow users to search and book diagnostic tests, with choices for home sample collection or lab visits. Services are limited to parts of the Mumbai region. The team includes graduates from IIT and Cornell, supported by quality assurance specialists. Key personnel consist of co-founder Nimish Mehta and CEO Siddharth Bidwan.

MedLabz's top competitors include Healthians, Watch Your Health and Hindustan Wellness.

MedLabz has 10 investors. Key investors include Medlife, Anil Tandon, Sajiv Chandra, Rohit Chadha, and Ritu Chadha.

The valuation of MedLabz is $2.94M as of Nov 2017.

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