About MrMed
MrMed is a company based in Chennai (India) founded in 2021 by Manjunatha K Adiga, Devashish Singh, and Saurab Jain. MrMed has raised $988.62 thousand across 3 funding rounds from investors including Narayana group, TNIFMC and Beej Network. The company has 47 employees as of May 09, 2024. MrMed operates in a competitive market with competitors including Tata 1mg, Netmeds, Truemeds, PharmEasy and MedPlus, among others.
- Headquarter Chennai, India
- Employees 47 as on 09 May, 2024
- Founders Manjunatha K Adiga, Devashish Singh, Saurab Jain
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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 Eazymed Technologies Private Limited
- Date of Incorporation 20 Aug, 2020
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$1.91 M (USD)210.09as on Mar 31, 2023
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Net Profit
-$265.58 K (USD)-131.34as on Mar 31, 2023
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EBITDA
-$249.09 K (USD)-313.08as on Mar 31, 2023
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Total Equity Funding
$988.62 K (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
Narayana group
& 3 more
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Employee Count
47
as on May 09, 2024
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People of MrMed
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Leadership Team
1 people
Administrative Team
1 people
Product Management Team
1 people
Operations Team
1 people
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Funding Insights of MrMed
MrMed has successfully raised a total of $988.62K across 3 strategic funding rounds. 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 MrMed
MrMed has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Narayana group, TNIFMC and Beej Network.
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Investments in early-stage startups are made by Brand Capital.
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Investment management for thematic funds in affordable housing, emerging sectors, and climate initiatives.
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Potato farming, grain marketing, and equipment services are provided in Maine.
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Investor details for MrMed
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Investments & Acquisitions by MrMed
Investment portfolio details for MrMed
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Financial Statements - MrMed
Detailed financials for MrMed
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Mrmed Comparisons
Peer comparison for MrMed
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Competitors of MrMed
MrMed 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 MrMed
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Latest news on Mrmed
Complete news archive for MrMed
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Frequently Asked Questions about MrMed
MrMed was founded in 2021 and raised its 1st funding round 2 years after it was founded.
MrMed is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Devashish Singh is the current CEO of MrMed. They have also founded this company.
MrMed is a funded company, having raised a total of $988.62K across 3 funding rounds to date.
As of May 09, 2024, the latest employee count at MrMed is 47.
Annual revenue of MrMed is $1.91M as on Mar 31, 2023.
MrMed was founded in 2021 in Chennai, India, and functions as an online pharmacy in the healthcare sector. Prescribed and generic medicines for conditions including cancer, rheumatology, kidney disease, heart disorders, osteoporosis, and HIV are supplied. Services focused on medicine procurement and support for patient assistance programs are provided to aid adherence and access.
MrMed's top competitors include Tata 1mg, SastaSundar and PharmEasy.
MrMed has 4 investors. Key investors include Narayana group, TNIFMC, Beej Network, and Brand Capital.