About myMd
myMd is a Healthcare company based in Howrah (India) founded in 2019. myMd operates a chain of general clinics providing essential healthcare services. It operates on a B2C model. myMd has raised $3.51 million across 3 funding rounds. The company has 280 employees. Its Indian entity Mymd Healthcare Private Limited reported revenue of ₹16.55 Cr. Its focus areas include Medical Services, Clinics and General Healthcare. Its competitors include Apollo Clinic, The Family Doctor and Primecare Hospital; 2 of its 3 listed competitors have raised funding.
Company details
myMd, established in 2019, excels in providing healthcare solutions, medical services, clinics, and general healthcare. myMd operates a chain of general clinics providing essential healthcare services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Howrah, India
- Employees 280
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website mymdindia.com
- Social Facebook
- Legal Name Mymd Healthcare Private Limited
- Date of Incorporation 02 Jul, 2019
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹16.55 Cr
FY 2024 · +79% YoY
- Net Loss-₹14.99 Cr
FY 2024 · -91% margin
- EBITDA-₹12.85 Cr
FY 2024 · -78% margin
- Total Equity Funding$3.51M (USD)
in 3 rounds
- Latest Funding Round$2.51M (USD), Seed
Oct 2022
- Employee Count280
Associated legal entities of myMd
myMd is associated with 2 registered companies on The Company Check; the primary company is Mymd Healthcare Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mymd Healthcare Private Limited CIN U85300MH2019PTC327511 | Active | 02 Jul 2019 | Mumbai, Maharashtra | ₹16.5 Cr | 436 | 4 | View details |
| Healwise Therapeutics Private Limited CIN U85100WB2020PTC236078 | Active | 23 Jan 2020 | Kolkata, West Bengal | ₹11.4 Cr | 3 | View details |
Funding Insights of myMd
myMd has successfully raised a total of $3.51M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.51 million completed in October 2022. 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 $3.51M
- Total Rounds 3
- Last Round Seed — $2.51M
- First Round $508,675
(Nov 2019)
All 3 funding rounds of myMd 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 |
|---|---|---|---|---|---|
| Oct 2022 | $2.51M | Seed | – | – | – |
| Dec 2021 | $491,630 | Seed | – | – | – |
| Nov 2019 | $508,675 | Seed | – | – | – |
Board of directors of Mymd Healthcare Private Limited (myMd)
Mymd Healthcare Private Limited is the primary company behind myMd. The boards of the 2 registered companies of myMd currently have 6 directors; the longest-serving is Mukul Nag, appointed in 2019. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mukul Nag DIN 03168627 | Director | 02 Jul 2019 | 7 yrs 3 mo | Mymd Healthcare Private Limited |
| Saurav Kasera DIN 05151496 | Director | 02 Jul 2019 | 7 yrs 3 mo | Mymd Healthcare Private Limited |
| Vishal Kanodia DIN 07904120 | Director | 20 Mar 2020 | 6 yrs 7 mo | Mymd Healthcare Private Limited, Healwise Therapeutics Private Limited |
| Shibashis Banerjee DIN 09517749 | Director | 25 Feb 2022 | 4 yrs 7 mo | Healwise Therapeutics Private Limited |
| Avishek Karel DIN 07124905 | Director | 21 Apr 2023 | 3 yrs 6 mo | Healwise Therapeutics Private Limited |
| Max Kamhi DIN 07805871 | Director | 10 May 2024 | 2 yrs 5 mo | Mymd Healthcare Private Limited |
Financials of myMd
Figures of Mymd Healthcare Private Limited, the primary company behind myMd, for FY 2024. Revenue was ₹16.55 Cr (+79% year on year). Net loss was -₹14.99 Cr (-91% margin). EBITDA was -₹12.85 Cr (-78% margin). Revenue has grown at a compounded annual rate of +56% over three years.
- ₹16.55 CrRevenue · FY 2024 · +79% YoY
- -₹14.99 CrNet loss · -91% margin
- -₹12.85 CrEBITDA · -78% margin
- ₹11.5 LakhPaid-up capital
- 436Employees (provident fund records)
- +56%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Mymd Healthcare Private Limited are on its company page.
Detailed financial statements for myMd
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of myMd
3 dated milestones of myMd across 3 years, from founding to its latest funding, stage changes and deals.
- Founded myMd is founded.
- Funding First funding round of $509K.
- Funding Latest funding round, Seed, of $2.5M.
Competitors of myMd
myMd has 3 listed competitors in our database, 2 of them funded. They include Apollo Clinic, The Family Doctor and Primecare Hospital.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| apolloclinic.com | 2002 | Hyderabad, India | $65.65M | 53 | Multi-speciality clinics are operated as a chain in India. | |
| thefamilydoctor.co.in | 2011 | Bengaluru, India | $9.2M | 3 | Provider of general and specialized healthcare services to patients | |
| primecarehospital.com | 2016 | Bengaluru, India | 22 | Provides primary care, specialists, diagnostics, and home visits in hospitals. |
Detailed competitors of myMd
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of myMd
The website of myMd (mymdindia.com) receives about 9.2K visits a month.
- Monthly visits9.2K
▲ 118.2% vs previous month
Top companies in Hospitals & Clinical Care
3 companies that operate in the same segment as myMd (Hospitals & Clinical Care) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Maternity, childcare, and fertility services are delivered via hospital chains. | 2007 | Bengaluru, Karnataka, India | USD 204.87 M | USD 140.46 M | 4,459 | |
Chain of oncology hospitals | 1989 | Bengaluru, Karnataka, India | USD 36.59 M | USD 270.51 M | 8,400 | |
Chain of multi-super specialty healthcare hospitals | 2004 | Gurugram, Haryana, India | USD 104.7 M | USD 461.72 M | 12,240 |
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Frequently Asked Questions about myMd
myMd was founded in 2019.
myMd is headquartered in Howrah, India. It is registered at Howrah, West Bengal, India.
myMd is a funded company, having raised a total of $3.51M across 3 funding rounds to date. The company's 1st funding round was a Seed of $508.68K, raised on Nov 2019.
myMd has 280 employees.
The primary company behind myMd, Mymd Healthcare Private Limited, reported revenue of ₹16.55 Cr for FY 2024, up 79% year on year.
myMd, established in 2019, excels in providing healthcare solutions, medical services, clinics, and general healthcare. myMd operates a chain of general clinics providing essential healthcare services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
myMd's top competitors include Apollo Clinic, The Family Doctor and Primecare Hospital.
myMd is associated with 2 legal entities: Mymd Healthcare Private Limited, Healwise Therapeutics Private Limited.
The legal entities of myMd currently have 6 directors, including Max Kamhi, Mukul Nag, Vishal Kanodia and others.