Prescribez

Pune, India Founded: 2015 • Age: 11 yrs Minicorn
A discovery and booking platform for healthcare facilities in Pune.

About Prescribez

Prescribez was a Healthcare company based in Pune (India) founded in 2015 by Jayant Chandrakant Kaduskar and Manish Bandil. A discovery and booking platform for healthcare facilities in Pune. It operates on a B2C model. Prescribez has raised $175.77 thousand across 2 funding rounds from investors including Ankush Mehta. The company has 8 employees. Prescribez was last valued at $1.43 million in April 2018. The company is recorded as dissolved. Its focus areas include Health Services, Medical Facilities and Booking Platforms. Its legal entity in India is Thingsmeet Solutions Private Limited (U74999PN2015PTC156308). Its competitors include MediBuddy, Practo and API Holdings; 3 of its 3 listed competitors have raised funding.

Company details

Prescribez a discovery and booking platform for healthcare facilities in pune, focusing on providing healthcare solutions, health services, medical facilities, and operating booking platforms. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Key Metrics
  • Annual Revenue
    ₹50,951

    FY 2019 · -96% YoY

  • Net Loss
    -₹27.2 Lakh

    FY 2019 · -5343% margin

  • EBITDA
    -₹21.7 Lakh

    FY 2019 · -4266% margin

  • Total Equity Funding
    $175.77K (USD)

    in 2 rounds

  • Latest Funding Round
    $30.77K (USD), Angel Round

    Apr 2018

  • Employee Count
    8

Funding Insights of Prescribez

Prescribez has successfully raised a total of $175.77K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $30.77 thousand completed in April 2018. 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 $175,765
  • Total Rounds 2
  • Last Round Angel Round β€” $30,765
  • First Round $145,000

    (May 2016)

  • Investors Count 1

All 2 funding rounds of Prescribez with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2018$30,765Angel Round$1.43MAnkush Mehta
–
May 2016$145,000Angel Round$1.35MAnkush Mehta
–
Valuation history
DateValuationStage
Apr 2018$1.43Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2016$1.35Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.43M (Apr 2018). 1 investors in total: 0 institutional and 1 angel.

Investors in Prescribez

Prescribez has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Ankush Mehta.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Ankush Mehta

unknown_c34344c8925e42d59
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Investor details for Prescribez

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Board of directors of Thingsmeet Solutions Private Limited (Prescribez)

Thingsmeet Solutions Private Limited is the primary company behind Prescribez. The board of Thingsmeet Solutions Private Limited currently have 4 directors; the longest-serving is Cherag Bejon Mehta, appointed in 2015.

DirectorDesignationAppointedTenureEntity
Cherag Bejon Mehta
DIN 07100832
Director26 Aug 201511 yrs 2 moThingsmeet Solutions Private Limited
Manish Bandil
DIN 07218094
Director26 Aug 201511 yrs 2 moThingsmeet Solutions Private Limited
Neeraj Arvind Joshi
DIN 07218098
Director26 Aug 201511 yrs 2 moThingsmeet Solutions Private Limited
Jayant Chandrakant Kaduskar
DIN 06444272
Director26 Aug 201511 yrs 2 moThingsmeet Solutions Private Limited

People of Prescribez

2 people are tracked at Prescribez (2 in leadership); the tracked headcount is 8.

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
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Financials of Prescribez

Figures of Thingsmeet Solutions Private Limited, the primary company behind Prescribez, for FY 2019. Revenue was ₹50,951 (-96% year on year). Net loss was -₹27.2 Lakh (-5343% margin). EBITDA was -₹21.7 Lakh (-4266% margin). Revenue has grown at a compounded annual rate of -15% over three years.

  • ₹50,951Revenue · FY 2019 · -96% YoY
  • -₹27.2 LakhNet loss · -5343% margin
  • -₹21.7 LakhEBITDA · -4266% margin
  • ₹24.1 LakhPaid-up capital
  • 8Employees (provident fund records)
  • -15%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Thingsmeet Solutions Private Limited are on its company page.

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Timeline of Prescribez

4 dated milestones of Prescribez across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Prescribez is founded.
  2. Funding First funding round of $145K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $31K.

Competitors of Prescribez

Prescribez has 3 listed competitors in our database, 3 of them funded. They include MediBuddy, Practo and API Holdings.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
medibuddy.in2013Bengaluru, India$193.12M1,192
Online platform offering multiple healthcare services
practo.com2008Bengaluru, India$227.88M
Doctor appointments are booked and healthcare professionals are consulted online.
apiholdings.in2012Mumbai, India$1.19B221
Digital healthcare tools are offered for pharmacies and clinics management.
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Detailed competitors of Prescribez

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Top companies in Fitness & Wellness Platforms

2 companies that operate in the same segment as Prescribez (Fitness & Wellness Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts
2016Bengaluru, Karnataka, IndiaUSD 716.99 M1,832
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
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Related news about Prescribez

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Frequently Asked Questions about Prescribez

Prescribez was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Prescribez is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Prescribez is a funded company, having raised a total of $175.77K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $145K, raised on May 2016.

Prescribez has 8 employees.

The primary company behind Prescribez, Thingsmeet Solutions Private Limited, reported revenue of β‚Ή50,951 for FY 2019, down 96% year on year.

Prescribez a discovery and booking platform for healthcare facilities in pune, focusing on providing healthcare solutions, health services, medical facilities, and operating booking platforms. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Prescribez's top competitors include MediBuddy, Practo and API Holdings.

Prescribez has 1 investor. Key investors include Ankush Mehta.

The valuation of Prescribez is $1.43M as of Apr 2018.

Prescribez operates through Thingsmeet Solutions Private Limited.

The legal entities of Prescribez currently have 4 directors, including Cherag Bejon Mehta, Manish Bandil, Neeraj Arvind Joshi and others.

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