About MedPlusMart
MedPlusMart is a company based in Hyderabad (India) founded in 2006. It operates as a Direct-to-Consumer (D2C). MedPlusMart has raised $1.28 million across 2 funding rounds from investors including Srinivas Koppalu, Sridhar Kotagiri and Pratap Ganna. MedPlusMart offers products and services including Medicines. MedPlusMart operates in a competitive market with competitors including Tata 1mg, Netmeds, Truemeds, PharmEasy and MedPlus, among others.
- Headquarter Hyderabad, India
- Stage Minicorn
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.28 M (USD)
in 2 rounds
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Latest Funding Round
$516.76 K (USD), Seed
Mar 08, 2007
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Investors
& 17 more
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Employee Count
Not available
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Products & Services of MedPlusMart
MedPlusMart offers a comprehensive portfolio of products and services, including Medicines.
Medicines are sold through an online pharmacy platform.
Funding Insights of MedPlusMart
MedPlusMart has successfully raised a total of $1.28M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $516.76 thousand completed in March 2007. 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 MedPlusMart
MedPlusMart has secured backing from 18 investors, including angel investors. Prominent investors backing the company include Srinivas Koppalu, Sridhar Kotagiri and Pratap Ganna.
| Investor | Description | Founded Year | Domain | Location |
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Srinivas Koppalu |
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Sridhar Kotagiri |
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PG
Pratap Ganna |
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Investor details for MedPlusMart
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Investments & Acquisitions by MedPlusMart
Investment portfolio details for MedPlusMart
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Financial Statements - MedPlusMart
Detailed financials for MedPlusMart
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Medplusmart Comparisons
Peer comparison for MedPlusMart
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- Named peers
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Competitors of MedPlusMart
MedPlusMart 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, Netmeds, Truemeds, PharmEasy and MedPlus, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of an online pharmacy with doctor listing and teleconsultation services
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Provider of an online store for medicines and healthcare products
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Provider of an online pharmacy and telehealth platform
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Provider of an online pharmacy and healthcare platforms
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Medicines and health products are retailed through pharmacy outlets.
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An online marketplace for healthcare products is operated.
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Detailed competitors of MedPlusMart
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Latest news on Medplusmart
Complete news archive for MedPlusMart
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Frequently Asked Questions about MedPlusMart
MedPlusMart was founded in 2006.
MedPlusMart is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
MedPlusMart is a funded company, having raised a total of $1.28M across 2 funding rounds to date.
An online pharmacy store is operated in India, focusing on providing medicines through a digital platform. The company serves customers seeking convenient access to healthcare products. Solutions are tailored for direct consumer purchases in the healthcare sector.
MedPlusMart's top competitors include Tata 1mg, SastaSundar and PharmEasy.
MedPlusMart offers Medicines.
MedPlusMart has 18 investors. Key investors include Srinivas Koppalu, Sridhar Kotagiri, Pratap Ganna, Kalyan Bhaskara, and Ranga Raju.
The valuation of MedPlusMart is $1.58M as of Mar 2007.