About Medlife
Medlife is a company based in Bengaluru (India) founded in 2014 by Tushar Kumar and Ananth Narayanan was acquired by PharmEasy in May 2021. Medlife has completed 9 acquisitions, including Badea Medica Clinic, CLINICA SOLOMED and Eclinic247. Medlife offers products and services including Medicine Delivery, Lab Tests, and Doctor Consult. Medlife operates in a competitive market with competitors including Tata 1mg, Truemeds, PharmEasy, MedPlus and SastaSundar, among others.
- Headquarter Bengaluru, India
- Founders Tushar Kumar, Ananth Narayanan
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$668.35 K (USD), Debt – Conventional
Jul 03, 2020
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Investors
PharmEasy
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Badea Medica Clinic
& 8 more
- Acquired by
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Products & Services of Medlife
Medlife offers a comprehensive portfolio of products and services, including Medicine Delivery, Lab Tests, and Doctor Consult.
Platform for ordering and delivering prescription medicines
Service for booking and home collection of lab tests
Virtual consultations with healthcare professionals
Funding Insights of Medlife
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $668,350
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First Round
First Round
(17 Dec 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Debt – Conventional - Medlife | Valuation |
investors |
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| Dec, 2019 | Amount | Debt – Conventional - Medlife | Valuation |
investors |
Investors in Medlife
Medlife has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include PharmEasy, API Holdings and Samena Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment group focusing on private equity and co-investments in the SAMENA region.
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Founded Year | Domain | Location | |
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Provider of financial services
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Founded Year | Domain | Location | |
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Provider of an online pharmacy and healthcare platforms
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Founded Year | Domain | Location |
Investments & Acquisitions by Medlife
Medlife has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Badea Medica Clinic, CLINICA SOLOMED and Eclinic247.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Doctors and patients are connected via an online healthcare platform.
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2015 | ||||
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Diagnostic tests are booked online with home collection options offered.
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2015 | ||||
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Photo sharing apps are developed by MetaRain mobile studio.
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2014 |
Financial Statements - Medlife
Medlife Comparisons
Competitors of Medlife
Medlife 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 Tata 1mg, Truemeds, PharmEasy, MedPlus and SastaSundar, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of an online pharmacy with doctor listing and teleconsultation services
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| domain | founded_year | HQ Location |
Provider of an online pharmacy and telehealth platform
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| domain | founded_year | HQ Location |
Provider of an online pharmacy and healthcare platforms
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| domain | founded_year | HQ Location |
Medicines and health products are retailed through pharmacy outlets.
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| domain | founded_year | HQ Location |
An online marketplace for healthcare products is operated.
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Frequently Asked Questions about Medlife
Medlife was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Medlife is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ananth Narayanan is the current CEO of Medlife. They have also founded this company.
Medlife is a provider of an online pharmacy for medications. It offers an app for purchasing medicines. It allows users to buy medication and various healthcare products such as family care products, skincare, baby care, and others. Users can also book an appointment for a lab test, online doctor consultation, and many more.
Medlife's top competitors include Tata 1mg, SastaSundar and PharmEasy.
Medlife offers Medicine Delivery, Lab Tests, and Doctor Consult.
Medlife has made 9 acquisitions, including Badea Medica Clinic, CLINICA SOLOMED, and Eclinic247.
Medlife has 4 investors. Key investors include PharmEasy, API Holdings, Samena Capital, and Wilson Financial Serv.