Medybiz Pharma

Bengaluru, India Founded: 2009 • Age: 17 yrs Acquired By Portea
Helps pharma companies with specialized distribution, prescription refill, therapy compliance support

About Medybiz Pharma

Medybiz Pharma is a company based in Bengaluru (India) founded in 2009 was acquired by Portea in November 2015.. The company has 102 employees as of April 06, 2024. Medybiz Pharma offers products and services including Distribution Services, Medical Services, Medicine Refill Management, Medical Equipment, and Chronic Disease Management. Medybiz Pharma operates in a competitive market with competitors including Express Scripts, Truveris, Prescryptive Health, MedImpact Healthcare Systems and Waltz Health, among others.

  • Headquarter Bengaluru, India
  • Employees 102 as on 06 Apr, 2024
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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  • Legal Name Medybiz Pharma Private Limited
  • Date of Incorporation 23 Nov, 2009
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $8.67 M (USD)
    15.3
    as on Mar 31, 2023
  • Net Profit
    $1.02 M (USD)
    -36.84
    as on Mar 31, 2023
  • EBITDA
    $-597.33 K (USD)
    -177.41
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    102

    as on Apr 06, 2024

  • Acquired by
    Portea

    (Nov 23, 2015)

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Products & Services of Medybiz Pharma

Medybiz Pharma offers a comprehensive portfolio of products and services, including Distribution Services, Medical Services, Medicine Refill Management, Medical Equipment, and Chronic Disease Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Manages pharmaceutical distribution and supply chain networks.

Offers patient management and chronic disease support.

Handles medicine refills and delivery for ongoing care.

Provides equipment for medical and home care needs.

Supports vaccination and disease monitoring programs.

Funding Insights of Medybiz Pharma

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Medybiz Pharma

Medybiz Pharma has secured backing from 1 investor. Prominent investors backing the company include Portea. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Provider of at-home healthcare services including nursing, physiotherapy, and medical equipment
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Medybiz Pharma

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Medybiz Pharma

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Medybiz Pharma Comparisons

Employees
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Competitors of Medybiz Pharma

Medybiz Pharma 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 Express Scripts, Truveris, Prescryptive Health, MedImpact Healthcare Systems and Waltz Health, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Pharmacy benefit management services are delivered through SaaS platforms.
domain founded_year HQ Location
HealthTech Analytics and Validation platform
domain founded_year HQ Location
A platform for pharmacy benefit management solutions is provided.
domain founded_year HQ Location
Pharmacy benefit management solution for payers, providers and employers
domain founded_year HQ Location
Prescription costs are managed via AI for payers and consumers.
domain founded_year HQ Location
Services and consultancy for pharmacy benefit management are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Medybiz Pharma

Frequently Asked Questions about Medybiz Pharma

When was Medybiz Pharma founded?

Medybiz Pharma was founded in 2009.

Where is Medybiz Pharma located?

Medybiz Pharma is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Who is the current CEO of Medybiz Pharma?

Kaikhokam Kipgen is the current CEO of Medybiz Pharma.

How many employees does Medybiz Pharma have?

As of Apr 06, 2024, the latest employee count at Medybiz Pharma is 102.

What is the annual revenue of Medybiz Pharma?

Annual revenue of Medybiz Pharma is $8.67M as on Mar 31, 2023.

What does Medybiz Pharma do?

Medybiz Pharma was founded in 2009 in Bengaluru, India, within the pharmaceutical sector. Operations focus on assisting pharma companies through specialized distribution of super specialty medicines, prescription refills, and therapy compliance protocols that demand precise handling. Pharmacy benefits are extended to corporate employees via cashless access to genuine medicines, supported by insurers or companies to achieve cost efficiencies. Services emphasize adherence and availability in the Indian market.

Who are the top competitors of Medybiz Pharma?

Medybiz Pharma's top competitors include Truveris, Express Scripts and MedImpact Healthcare Systems.

What products or services does Medybiz Pharma offer?

Medybiz Pharma offers Distribution Services, Medical Services, Medicine Refill Management, Medical Equipment, and Chronic Disease Management.

Who are Medybiz Pharma's investors?

Medybiz Pharma has 1 investor. Key investors include Portea.

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