About MedTrail
MedTrail is a Healthcare company based in Delhi (India) founded in 2017. AI-powered platform for digitizing prescriptions and enhancing healthcare workflows. It operates on a SaaS and B2B model in Healthcare and Technology sectors. MedTrail has raised $9.05 million across 5 funding rounds from investors including LetsVenture, STRIVE and Elevation Capital. The company has 6 employees. MedTrail was last valued at $14.09 million in September 2019. MedTrail offers products and services including Smart Assistant, Electronic Medical Records, Patient Outreach, Prescription Analytics, and Cross Departmental Collaboration. Its focus areas include Health Tech, Electronic Health Records, Prescription Management and Hospital Management.
Company details
MedTrail offers AI-driven solutions to digitize handwritten prescriptions and manage electronic medical records without disrupting workflows. It enables real-time patient outreach and analytics for doctors and hospitals across specialties. Based in New Delhi, India, the platform improves regulatory compliance, collaboration, and decision-making through automated tools, serving over 2000 doctors in 6 cities.
- Headquarters Delhi, India
- Employees 6
- Stage Minicorn
- SectorsHealthcareTechnology
- Email••••••••
- Phone•••• ••••
- Website medtrail.in
- Social X
- Annual Revenue$3.5 K (USD)as on Mar 31, 2023
- Total Equity Funding$9.05M (USD)
in 5 rounds
- Latest Funding Round$440.82K (USD), Series A
Jan 2023
- InvestorsLetsVenture
& 8 more
- Employee Count6
Associated legal entities of MedTrail
MedTrail is associated with 3 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Medtrail Procurement Services Private Limited CIN U51909DL2020PTC363604 | Active | 07 May 2020 | New Delhi, Delhi | ₹0.0 Cr | 2 | View details | |
| Medtrail Labs Private Limited CIN U74999DL2020PTC363485 | Active | 29 Apr 2020 | New Delhi, Delhi | ₹0.7 Cr | 2 | View details | |
| Medtrail Technologies Private Limited CIN U74999DL2017PTC323701 | Active | 14 Sep 2017 | New Delhi, Delhi | ₹0.1 Cr | 6 | 2 | View details |
Products & Services of MedTrail
MedTrail offers a comprehensive portfolio of products and services, including Smart Assistant, Electronic Medical Records, Patient Outreach, Prescription Analytics, and Cross Departmental Collaboration.
Digitizes handwritten prescriptions with minimal effort for doctors.
Automates patient records for mobile access and regulatory compliance.
Sends digitized prescriptions and content to patients in real time.
Tracks prescribed medicines and tests for informed decision-making.
Facilitates real-time sharing of digitized data across hospital departments.
Funding Insights of MedTrail
MedTrail has successfully raised a total of $9.05M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $440.82 thousand completed in January 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.
- Total Funding $9.05M
- Total Rounds 5
- Last Round Series A — $440,821
- First Round $925,051
(Jan 2019)
- Investors Count 9
All 5 funding rounds of MedTrail with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2023 | $440,821 | Series A | – | – | – |
| Sep 2019 | $3.51M | Series A | $14.09M | Elevation Capital, SAIF Partners | |
| Sep 2019 | $3.52M | Series A | – | – | |
| Feb 2019 | $654,082 | Seed | – | – | |
| Jan 2019 | $925,051 | Seed | $1.8M | STRIVE, Jamil Ahmed Khatri |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2019 | $14.09M | •••••••• |
| Jan 2019 | $1.8M | •••••••• |
Last known valuation $14.09M (Sep 2019). 9 investors in total: 7 institutional and 2 angel.
Investors in MedTrail
MedTrail has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include LetsVenture, STRIVE and Elevation Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital support is provided to seed and early-stage startups. | strive.vc | Minato City, Japan | ||
Elevation Capital is focused on early-stage tech investments in India. | elevationcapital.com | Delhi, India | ||
Single-family office and venture capital firm focused on multiple sectors | Dubai, United Arab Emirates | |||
Multiple sectors in India are invested in by SAIF Partners. | saifpartners.com | Gurugram, India | ||
Machinery and equipment are supplied to multiple industries. | diversityme.com | Abu Dhabi, United Arab Emirates | ||
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India | |
Capital investment services are provided in Delhi, India. | Delhi, India | |||
JA Jamil Ahmed Khatri | unknown_b0a89ab67f0146e6a | |||
MH Miten Harish Sampat | unknown_3ac4a7ef337646e1b |
Investor details for MedTrail
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of MedTrail
The boards of the 3 registered companies of MedTrail currently have 2 directors; the longest-serving is Mohit Mittal, appointed in 2020. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohit Mittal DIN 03579591 | Director | 29 Apr 2020 | 6 yrs 6 mo | Medtrail Labs Private Limited, Medtrail Procurement Services Private Limited, Medtrail Technologies Private Limited |
| Vipan Kumar Mittal DIN 11401162 | Director | 28 Nov 2025 | 11 mo | Medtrail Labs Private Limited, Medtrail Procurement Services Private Limited, Medtrail Technologies Private Limited |
People of MedTrail
4 people are tracked at MedTrail (1 in leadership, 3 in team); the tracked headcount is 6.
| Name | Role | Group |
|---|---|---|
Vijay Simha Reddy Devarapalli | Chief Technology Officer | Leadership |
Faijullah Ansari | Senior Executive | Team |
Sumedha Kashyap | Business Analyst | Team |
Priyanka Kanwar | Data Analyst | Team |
Complete people profiles for MedTrail
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of MedTrail
Figures of Medtrail Labs Private Limited, the primary company behind MedTrail, for FY 2021. Revenue was ₹69.4 Lakh. Net loss was -₹11.9 Lakh (-17% margin). EBITDA was -₹11.9 Lakh (-17% margin).
- ₹69.4 LakhRevenue · FY 2021
- -₹11.9 LakhNet loss · -17% margin
- -₹11.9 LakhEBITDA · -17% margin
- ₹10 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Medtrail Labs Private Limited are on its company page.
Detailed financial statements for MedTrail
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of MedTrail
4 dated milestones of MedTrail across 6 years, from founding to its latest funding, stage changes and deals.
- Founded MedTrail is founded.
- Funding First funding round of $925K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $441K.
Top companies in Pharmacy & Healthcare Retail Systems
2 companies that operate in the same segment as MedTrail (Pharmacy & Healthcare Retail Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers a B2B managed marketplace for pharmacies | 2019 | Bengaluru, Karnataka, India | USD 20.02 M | USD 20.23 M | 218 | |
Digital healthcare tools are offered for pharmacies and clinics management. | 2012 | Mumbai, Maharashtra, India | USD 1.19 B | USD 719.01 M | 215 |
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Related news about Medtrail
Complete news archive for MedTrail
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Frequently Asked Questions about MedTrail
MedTrail was founded in 2017 and raised its 1st funding round 2 years after it was founded.
MedTrail is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
MedTrail is a funded company, having raised a total of $9.05M across 5 funding rounds to date. The company's 1st funding round was a Seed of $925.05K, raised on Jan 2019.
MedTrail has 6 employees.
Annual revenue of MedTrail is $3.5K as on Mar 31, 2023.
MedTrail offers AI-driven solutions to digitize handwritten prescriptions and manage electronic medical records without disrupting workflows. It enables real-time patient outreach and analytics for doctors and hospitals across specialties. Based in New Delhi, India, the platform improves regulatory compliance, collaboration, and decision-making through automated tools, serving over 2000 doctors in 6 cities.
MedTrail offers Smart Assistant, Electronic Medical Records, Patient Outreach, Prescription Analytics, and Cross Departmental Collaboration.
MedTrail has 9 investors. Key investors include LetsVenture, STRIVE, Elevation Capital, Elevation Capital, and Diversity Middle East.
The valuation of MedTrail is $14.09M as of Sep 2019.
MedTrail is associated with 3 legal entities: Medtrail Labs Private Limited, Medtrail Procurement Services Private Limited, Medtrail Technologies Private Limited.
The legal entities of MedTrail currently have 2 directors, including Mohit Mittal, Vipan Kumar Mittal.