About Mfine
Mfine is a company based in Bengaluru (India) founded in 2017 by Ashutosh Lawania. Mfine has raised $87.66 million across 9 funding rounds from investors including SBI Group, LifeCell and Alteria Capital. The company has 426 employees as of December 11, 2024. Mfine operates in a competitive market with competitors including MediBuddy, Practo, API Holdings, CureBay and CallHealth, among others.
- Headquarter Bengaluru, India
- Employees 426 as on 11 Dec, 2024
- Founders Ashutosh Lawania
- Stage Minicorn
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Novocura Tech Health Services Private Limited
- Date of Incorporation 16 Feb, 2017
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$4.14 M (USD)-33.82as on Mar 31, 2023
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Net Profit
-$10.35 M (USD)58.18as on Mar 31, 2023
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EBITDA
-$9.39 M (USD)61.54as on Mar 31, 2023
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Total Equity Funding
$87.66 M (USD)
in 9 rounds
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Latest Funding Round
$48 M (USD), Series C
May 31, 2021
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Investors
SBI Group
& 26 more
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Employee Count
426
as on Dec 11, 2024
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People of Mfine
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Funding Insights of Mfine
Mfine has successfully raised a total of $87.66M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $48 million completed in May 2021. 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 Mfine
Mfine has secured backing from 27 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SBI Group, LifeCell and Alteria Capital.
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Venture capital fund focused on tech startups
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Venture capital firm investing in early-stage startups across fintech, software, and other sectors.
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Early-stage venture capital fund
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Investor details for Mfine
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Investments & Acquisitions by Mfine
Investment portfolio details for Mfine
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Financial Statements - Mfine
Detailed financials for Mfine
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Mfine Comparisons
Peer comparison for Mfine
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Competitors of Mfine
Mfine 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 MediBuddy, Practo, API Holdings, CureBay and CallHealth, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online platform offering multiple healthcare services
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Doctor appointments are booked and healthcare professionals are consulted online.
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Digital healthcare tools are offered for pharmacies and clinics management.
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Healthcare services are delivered via an online platform.
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Integrated at-home healthcare services, including tele-consultation and diagnostics, are provided.
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Detailed competitors of Mfine
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Latest news on Mfine
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Frequently Asked Questions about Mfine
Mfine was founded in 2017.
Mfine is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mfine is a funded company, having raised a total of $87.66M across 9 funding rounds to date.
As of Dec 11, 2024, the latest employee count at Mfine is 426.
Annual revenue of Mfine is $4.14M as on Mar 31, 2023.
Provider of online doctor consultations, at-home lab tests, and health packages. This includes consultations across various specialties, at-home collection of samples for lab testing, and comprehensive health check packages. The company also offers online ordering of medicines and access to diagnostic imaging services such as X-rays and MRIs. Long-term care programs for specific health conditions are available, along with self-assessment tools for various health risks. Personalized skincare products are also offered.
Mfine has 27 investors. Key investors include SBI Group, LifeCell, Alteria Capital, Stellaris Venture Partners, and Prime Venture Partners.
The valuation of Mfine is $192.01M as of Aug 2020.