About Medpick
Medpick is a Healthcare company based in Bengaluru (India) founded in 2016. It operates as a mobile based hyperlocal marketplace for prescription booking. Its website medpick.in draws about 19 thousand monthly visits. Its Indian entity Medorna Health Systems Private Limited reported revenue of ₹3.52 Cr. Its focus areas include HealthTech, Healthcare Booking Platforms, Pharmacies and Drugs. Similar companies include Tata 1mg, Netmeds, Truemeds, PharmEasy and MedPlus and 4 more; 8 of its 9 listed similar companies have raised funding.
Company details
Medpick was founded in 2016 in Bengaluru, India, within the e-commerce and healthcare sectors. A mobile platform is utilized for hyperlocal pharmacy services, where products are searched by location and prescriptions are uploaded for online ordering. Additional categories such as ayurvedic remedies, personal care items, wellness products, baby essentials, and maternity goods are included. Operations were launched in Bangalore by August 2016.
- Headquarters Bengaluru, India
- SectorsHealthcare
- Website medpick.in
- Social LinkedIn X Facebook
- Legal Name Medorna Health Systems Private Limited
- Date of Incorporation 05 Feb, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹3.52 Cr
FY 2024 · +32% YoY
- Net Loss-₹49.5 Lakh
FY 2024 · -14% margin
- EBITDA-₹45.6 Lakh
FY 2024 · -13% margin
Associated legal entities of Medpick
Medpick operates through Medorna Health Systems 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 |
|---|---|---|---|---|---|---|---|
| Medorna Health Systems Private Limited CIN U85110KA2016PTC085842 | Active | 05 Feb 2016 | Bangalore, Karnataka | ₹3.5 Cr | 6,700 | 2 | View details |
Board of directors of Medorna Health Systems Private Limited (Medpick)
Medorna Health Systems Private Limited is the primary company behind Medpick. The board of Medorna Health Systems Private Limited currently have 2 directors; the longest-serving is Chethan, appointed in 2020. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chethan DIN 08715603 | Director | 04 Mar 2020 | 6 yrs 7 mo | Medorna Health Systems Private Limited |
| Soujanya Parvataneni DIN 09825578 | Director | 18 Dec 2022 | 3 yrs 10 mo | Medorna Health Systems Private Limited |
Financials of Medpick
Figures of Medorna Health Systems Private Limited, the primary company behind Medpick, for FY 2024. Revenue was ₹3.52 Cr (+32% year on year). Net loss was -₹49.5 Lakh (-14% margin). EBITDA was -₹45.6 Lakh (-13% margin). Revenue has grown at a compounded annual rate of +265% over three years.
- ₹3.52 CrRevenue · FY 2024 · +32% YoY
- -₹49.5 LakhNet loss · -14% margin
- -₹45.6 LakhEBITDA · -13% margin
- ₹1 LakhPaid-up capital
- 6,700Employees (provident fund records)
- +265%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Medorna Health Systems Private Limited are on its company page.
Detailed financial statements for Medpick
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Similar companies to Medpick
Medpick has 9 listed similar companies in our database, 8 of them funded. They include Tata 1mg, Netmeds, Truemeds, PharmEasy and MedPlus, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 1mg.com | 2015 | Delhi, India | $230.8M | 4,419 | Provider of an online pharmacy with doctor listing and teleconsultation services | |
| netmeds.com | 2015 | Chennai, India | $109M | 988 | Provider of an online store for medicines and healthcare products | |
| truemeds.in | 2019 | Mumbai, India | $112.97M | 345 | Provider of an online pharmacy and telehealth platform | |
| pharmeasy.in | 2015 | Mumbai, India | $688.41M | 493 | Provider of an online pharmacy and healthcare platforms | |
| medplusindia.com | 2006 | Hyderabad, India | $268.78M | 8,729 | Medicines and health products are retailed through pharmacy outlets. | |
| sastasundar.com | 2011 | Kolkata, India | $38.26M | 1,344 | An online marketplace for healthcare products is operated. | |
| medlife.com | 2014 | Bengaluru, India | – | 46 | Provider of an online pharmacy for medications | |
| tablt.com | 2018 | Kolkata, India | $8.28M | 144 | Online platform for the purchase of medicines | |
| healthskoolpharmacy.com | 2015 | Noida, India | $3.32M | 111 | Online pharmacy for the delivery of OTC and prescription medicines |
Detailed similar companies of Medpick
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Verified entity values are shown only after access is granted.
Web traffic of Medpick
The website of Medpick (medpick.in) receives about 19.4K visits a month.
- Monthly visits19.4K
▲ 54.3% vs previous month
Websites whose visitors overlap most with Medpick. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tekyard.com | 100% | – | #4,711,260 | View details | |
| primedeq.com | 99% | 15.2K | #1,688,554 | View details | |
| kogland.com | 96% | 27.1K | #975,968 | View details | |
littmann.in | littmann.in | 95% | – | #634,329 | – |
meditegic.com | meditegic.com | 94% | – | #3,082,958 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 31 similar websites and full traffic analytics for Medpick
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- 31 similar websites
- Audience overlap
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- Traffic by brand
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Top companies in Digital Health & Telemedicine
10 companies that operate in the same segment as Medpick (Digital Health & Telemedicine), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of an online pharmacy with doctor listing and teleconsultation services | 2015 | Delhi, Delhi, India | USD 230.8 M | USD 328.97 M | 5,212 | |
Online platform offering multiple healthcare services | 2013 | Bengaluru, Karnataka, India | USD 199.22 M | USD 62.4 M | 52 | |
An application is provided for comparing prescription drug prices nationwide. | 2011 | Santa Monica, California, United States | USD 22.21 M | USD 796.85 M | 1,063 | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
An online marketplace for healthcare products is operated. | 2011 | Kolkata, West Bengal, India | USD 38.26 M | – | – | |
Alto Pharmacy is focused on providing convenient prescription delivery services. | 2015 | San Francisco, California, United States | USD 591.64 M | – | 802 | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – | |
Telehealth solutions are provided for doctors and patients' consultations. | 2006 | Boston, Massachusetts, United States | USD 887.35 M | USD 115.54 M | 742 | |
Digital health services for men's wellness are offered by Ro. | 2017 | New York, New York, United States | USD 1.03 B | – | 1,485 | |
Provider of genetic test solutions to study ancestry, genealogy, and inherited traits | 2006 | Sunnyvale, California, United States | USD 943.53 M | USD 189.9 M | 562 |
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Frequently Asked Questions about Medpick
Medpick was founded in 2016.
Medpick is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Medpick, Medorna Health Systems Private Limited, reported revenue of ₹3.52 Cr for FY 2024, up 32% year on year.
Medpick was founded in 2016 in Bengaluru, India, within the e-commerce and healthcare sectors. A mobile platform is utilized for hyperlocal pharmacy services, where products are searched by location and prescriptions are uploaded for online ordering. Additional categories such as ayurvedic remedies, personal care items, wellness products, baby essentials, and maternity goods are included. Operations were launched in Bangalore by August 2016.
Medpick's top competitors include Tata 1mg, SastaSundar and PharmEasy.
Medpick operates through Medorna Health Systems Private Limited.
The legal entities of Medpick currently have 2 directors, including Chethan, Soujanya Parvataneni.