About MedV
MedV is a Healthcare company based in Bengaluru (India) founded in 2019. Online app for ordering medicines, lab tests, and quick home delivery services. It operates on a D2C and Marketplace model. Its Indian entity Zinple Info Solutions Private Limited reported revenue of ₹33.2 Lakh. MedV offers products and services including MedV App and Lab Test Booking. Its focus areas include Health Tech, Pharmacy Services, Medicine Delivery and Home Delivery. Similar companies include Tata 1mg, Netmeds and Truemeds; 3 of its 3 listed similar companies have raised funding.
Company details
MedV is a digital platform that enables users to order medicines and book lab tests online, partnering with local pharmacies for convenient home delivery. It guarantees delivery in 45 to 90 minutes, aiming to save time and ensure access to essential health products. Based in Bengaluru, India, the app focuses on user-friendly ordering and payment, serving individuals seeking efficient wellness solutions.
- Headquarters Bengaluru, India
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website medv.in
- Social Facebook Instagram
- Legal Name Zinple Info Solutions Private Limited
- Date of Incorporation 16 Apr, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹33.2 Lakh
FY 2024 · -23% YoY
- Net Loss-₹30 Lakh
FY 2024 · -90% margin
- EBITDA-₹29.9 Lakh
FY 2024 · -90% margin
Associated legal entities of MedV
MedV operates through Zinple Info Solutions 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 |
|---|---|---|---|---|---|---|---|
| Zinple Info Solutions Private Limited CIN U74909KA2020PTC133791 | Active | 16 Apr 2020 | Bangalore, Karnataka | ₹0.3 Cr | 2 | View details |
Products & Services of MedV
MedV offers a comprehensive portfolio of products and services, including MedV App and Lab Test Booking.
App for ordering medicines with fast home delivery services.
Service for booking and conducting lab tests at home.
Board of directors of Zinple Info Solutions Private Limited (MedV)
Zinple Info Solutions Private Limited is the primary company behind MedV. The board of Zinple Info Solutions Private Limited currently have 2 directors; the longest-serving is Mohammedbasheer Naufalbasheer, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohammedbasheer Naufalbasheer DIN 08734928 | Director | 16 Apr 2020 | 6 yrs 6 mo | Zinple Info Solutions Private Limited |
| Shebna Sahib DIN 08734929 | Director | 16 Apr 2020 | 6 yrs 6 mo | Zinple Info Solutions Private Limited |
Financials of MedV
Figures of Zinple Info Solutions Private Limited, the primary company behind MedV, for FY 2024. Revenue was ₹33.2 Lakh (-23% year on year). Net loss was -₹30 Lakh (-90% margin). EBITDA was -₹29.9 Lakh (-90% margin). Revenue has grown at a compounded annual rate of +323% over three years.
- ₹33.2 LakhRevenue · FY 2024 · -23% YoY
- -₹30 LakhNet loss · -90% margin
- -₹29.9 LakhEBITDA · -90% margin
- ₹1 LakhPaid-up capital
- +323%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Zinple Info Solutions Private Limited are on its company page.
Detailed financial statements for MedV
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Financial ratios
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Verified entity values are shown only after access is granted.
Similar companies to MedV
MedV has 3 listed similar companies in our database, 3 of them funded. They include Tata 1mg, Netmeds and Truemeds.
| 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 |
Detailed similar companies of MedV
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- Operating metrics
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Top companies in Biopharma Outsourcing & Drug Delivery
3 companies that operate in the same segment as MedV (Biopharma Outsourcing & Drug Delivery) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of integrated contract research development and manufacturing services | 2007 | Bengaluru, Karnataka, India | USD 35.74 M | USD 226.38 M | 2,062 | |
Pharmaceutical and biotechnology company | 2005 | Hyderabad, Telangana, India | USD 229.73 M | USD 726.15 M | 12,470 | |
India's leading healthcare products distribution platform | 2018 | Mumbai, Maharashtra, India | USD 59.67 M | USD 702.49 M | 557 |
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Frequently Asked Questions about MedV
MedV was founded in 2019.
MedV is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind MedV, Zinple Info Solutions Private Limited, reported revenue of ₹33.2 Lakh for FY 2024, down 23% year on year.
MedV is a digital platform that enables users to order medicines and book lab tests online, partnering with local pharmacies for convenient home delivery. It guarantees delivery in 45 to 90 minutes, aiming to save time and ensure access to essential health products. Based in Bengaluru, India, the app focuses on user-friendly ordering and payment, serving individuals seeking efficient wellness solutions.
MedV offers MedV App and Lab Test Booking.
MedV operates through Zinple Info Solutions Private Limited.
The legal entities of MedV currently have 2 directors, including Mohammedbasheer Naufalbasheer, Shebna Sahib.