About MedoPlus
MedoPlus is a company based in Lucknow (India) founded in 2020 by Neeraj Chandra, Prakash Bakshi, and Shekhar Yerramilli. MedoPlus has raised $1.51 million across 5 funding rounds from investors including Shekhar Yeramilli, Neeraj Chandra and Manoj Saxena. The company has 17 employees as of March 27, 2024. MedoPlus operates in a competitive market with competitors including MediBuddy, Practo, API Holdings, Mfine and CureBay, among others.
- Headquarter Lucknow, India
- Employees 17 as on 27 Mar, 2024
- Founders Neeraj Chandra, Prakash Bakshi, Shekhar Yerramilli
- Stage Minicorn
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Sectors
Healthcare
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Phone
Locked
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Website
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Social
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- Legal Name Medoplus Services Private Limited
- Date of Incorporation 06 Oct, 2020
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$128.29 K (USD)397.21as on Mar 31, 2023
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Net Profit
-$672.64 K (USD)-81.18as on Mar 31, 2023
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EBITDA
-$659.35 K (USD)-76.42as on Mar 31, 2023
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Total Equity Funding
$1.51 M (USD)
in 5 rounds
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Latest Funding Round
$313.67 K (USD), Angel Round
Aug 12, 2023
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Investors
unknown
& 39 more
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Employee Count
17
as on Mar 27, 2024
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Funding Insights of MedoPlus
MedoPlus has successfully raised a total of $1.51M across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $313.67 thousand completed in August 2023. 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 MedoPlus
MedoPlus has secured backing from 40 investors, including angel and institutional investors. Prominent investors backing the company include Shekhar Yeramilli, Neeraj Chandra and Manoj Saxena.
| Investor | Description | Founded Year | Domain | Location |
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Shekhar Yeramilli |
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Neeraj Chandra |
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Investor details for MedoPlus
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Investments & Acquisitions by MedoPlus
Investment portfolio details for MedoPlus
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Financial Statements - MedoPlus
Detailed financials for MedoPlus
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Medoplus Comparisons
Peer comparison for MedoPlus
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Competitors of MedoPlus
MedoPlus 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 MediBuddy, Practo, API Holdings, Mfine and CureBay, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online platform offering multiple healthcare services
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Doctor appointments are booked and healthcare professionals are consulted online.
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Digital healthcare tools are offered for pharmacies and clinics management.
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Provider of online doctor consultations, at-home lab tests, and health packages
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Healthcare services are delivered via an online platform.
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Integrated at-home healthcare services, including tele-consultation and diagnostics, are provided.
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Detailed competitors of MedoPlus
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Latest news on Medoplus
Complete news archive for MedoPlus
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Frequently Asked Questions about MedoPlus
MedoPlus was founded in 2020.
MedoPlus is headquartered in Lucknow, India. It is registered at Lucknow, Uttar Pradesh, India.
Prakash Bakshi is the current CEO of MedoPlus. They have also founded this company.
MedoPlus is a funded company, having raised a total of $1.51M across 5 funding rounds to date.
As of Mar 27, 2024, the latest employee count at MedoPlus is 17.
Annual revenue of MedoPlus is $128.29K as on Mar 31, 2023.
MedoPlus was founded in 2020 in Lucknow, India, as an online platform in the healthcare sector. Services are offered for managing health records, following up on appointments, and booking consultations, lab tests, and hospitalization. Nearest pharmacies are located through the app. Operations focus on digital access to these healthcare functions for users in India.
MedoPlus has 40 investors. Key investors include Shekhar Yeramilli, Neeraj Chandra, Manoj Saxena, Deveshwara Nand Bhatt, and Suresh Sugavanam.
The valuation of MedoPlus is $9.62M as of Aug 2023.