About QuikkMed
QuikkMed was a Healthcare company based in Bengaluru (India) founded in 2017 by Niranjan Reddy. Online platform for affordable prescription medicines and doorstep delivery services. It operates on a D2C and B2C model. Its Indian entity Technobyte Info Services Private Limited reported revenue of ₹26.9 Lakh. The company is recorded as dissolved. QuikkMed offers products and services including Online Pharmacy Platform, Equivalent Medicine Service, and Home Delivery Service. Its focus areas include Online Pharmacy, Prescription Services, Medicine Delivery and Consumer. Similar companies include Tata 1mg, Netmeds and Truemeds; 3 of its 3 listed similar companies have raised funding.
Company details
Quikkmed operates as an online pharmacy where users upload prescriptions to access equivalent medicines at lower prices. It offers a simple process via WhatsApp or forms, reviews prescriptions, suggests alternatives, and ensures quick home delivery. Based in Mumbai, India, it focuses on quality healthcare products for consumers, emphasizing affordability and convenience without compromising safety.
- Headquarters Bengaluru, India
- Founders Niranjan Reddy
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website quikkmed.com
- Legal Name Technobyte Info Services Private Limited
- Date of Incorporation 08 Mar, 2017
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹26.9 Lakh
FY 2021 · +37% YoY
- Net Loss-₹20.4 Lakh
FY 2021 · -76% margin
- EBITDA-₹19.5 Lakh
FY 2021 · -73% margin
Associated legal entities of QuikkMed
QuikkMed operates through Technobyte Info Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Technobyte Info Services Private Limited CIN U72200KA2017PTC101172 | Active | 08 Mar 2017 | Bangalore, Karnataka | ₹0.3 Cr | 2 | View details |
Products & Services of QuikkMed
QuikkMed offers a comprehensive portfolio of products and services, including Online Pharmacy Platform, Equivalent Medicine Service, and Home Delivery Service.
Platform for uploading prescriptions and ordering medicines.
Service suggesting cheaper alternatives with same active ingredients.
Delivery of medicines directly to users' doorsteps.
Board of directors of Technobyte Info Services Private Limited (QuikkMed)
Technobyte Info Services Private Limited is the primary company behind QuikkMed. The board of Technobyte Info Services Private Limited currently have 2 directors; the longest-serving is Niranjan Anantha Rama Reddy, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Niranjan Anantha Rama Reddy DIN 07746007 | Director | 08 Mar 2017 | 9 yrs 8 mo | Technobyte Info Services Private Limited |
| Muniyappa Lakshmi DIN 07746010 | Director | 08 Mar 2017 | 9 yrs 8 mo | Technobyte Info Services Private Limited |
People of QuikkMed
1 people are tracked at QuikkMed (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for QuikkMed
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of QuikkMed
Figures of Technobyte Info Services Private Limited, the primary company behind QuikkMed, for FY 2021. Revenue was ₹26.9 Lakh (+37% year on year). Net loss was -₹20.4 Lakh (-76% margin). EBITDA was -₹19.5 Lakh (-73% margin). Revenue has grown at a compounded annual rate of +87% over three years.
- ₹26.9 LakhRevenue · FY 2021 · +37% YoY
- -₹20.4 LakhNet loss · -76% margin
- -₹19.5 LakhEBITDA · -73% margin
- ₹3 LakhPaid-up capital
- +87%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Technobyte Info Services Private Limited are on its company page.
Detailed financial statements for QuikkMed
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Similar companies to QuikkMed
QuikkMed has 3 listed similar companies in our database, 3 of them funded. They include Tata 1mg, Netmeds and Truemeds.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 1mg.com | 2015 | Delhi, India | $230.8M | 4,419 | Provider of an online pharmacy with doctor listing and teleconsultation services | |
| netmeds.com | 2015 | Chennai, India | $109M | 988 | Provider of an online store for medicines and healthcare products | |
| truemeds.in | 2019 | Mumbai, India | $112.97M | 345 | Provider of an online pharmacy and telehealth platform |
Detailed similar companies of QuikkMed
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Top companies in Biopharma Outsourcing & Drug Delivery
3 companies that operate in the same segment as QuikkMed (Biopharma Outsourcing & Drug Delivery) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of integrated contract research development and manufacturing services | 2007 | Bengaluru, Karnataka, India | USD 35.74 M | USD 226.38 M | 2,062 | |
Pharmaceutical and biotechnology company | 2005 | Hyderabad, Telangana, India | USD 229.73 M | USD 726.15 M | 548 | |
India's leading healthcare products distribution platform | 2018 | Mumbai, Maharashtra, India | USD 59.67 M | USD 702.49 M | 557 |
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Frequently Asked Questions about QuikkMed
QuikkMed was founded in 2017.
QuikkMed is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind QuikkMed, Technobyte Info Services Private Limited, reported revenue of ₹26.9 Lakh for FY 2021, up 37% year on year.
Quikkmed operates as an online pharmacy where users upload prescriptions to access equivalent medicines at lower prices. It offers a simple process via WhatsApp or forms, reviews prescriptions, suggests alternatives, and ensures quick home delivery. Based in Mumbai, India, it focuses on quality healthcare products for consumers, emphasizing affordability and convenience without compromising safety.
QuikkMed offers Online Pharmacy Platform, Equivalent Medicine Service, and Home Delivery Service.
QuikkMed operates through Technobyte Info Services Private Limited.
The legal entities of QuikkMed currently have 2 directors, including Niranjan Anantha Rama Reddy, Muniyappa Lakshmi.