When was Instamed founded?

Instamed was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Instamed located?

Instamed is headquartered in Mumbai, India. It is registered at Plot No. 1840, Ground Floor, Kingsway Camp, Landmark Near RB TB Hospital, Outram Lin, e, North West, Delhi, Delhi, India, 110009.

Which legal entities is Instamed associated with?

Instamed is associated with ANAHAD PHARMA PRIVATE LIMITED.

How many employees does Instamed have?

As of Jan 31, 2025, Instamed has 6 employees, reflecting a 81% year-over-year decline in headcount.

Is Instamed a funded company?

Instamed is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Apr 13, 2022.

When was the latest funding round of Instamed?

Instamed's latest funding was a $***** Seed round on Apr 13, 2022, with participation from 1 investor. Its primary sector is Healthcare Booking Platforms. In India, the Healthcare Booking Platforms sector has seen $101M in funding in 2026 to date.

What is the annual revenue of Instamed?

Annual revenue of Instamed is between ₹50 Cr and ₹100 Cr as on Mar 31, 2025

Where does Instamed rank among its competitors?

Instamed ranks 3rd amongst 16 active competitors, of which 3 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Plazza, which secured $15M in Jul, 2026.

Who are the top competitors of Instamed?

Instamed's top competitors include Farmako, Plazza and Medinos. Among them, Plazza secured the most recent funding round in July, 2026.

Instamed - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Online e-commerce platform for the delivery of medicines. The company provides an e-commerce platform for the delivery of pharmaceutical drugs and other pharmaceutical medicines from third-party pharmacies to users based on location services. The application enables the users to replace the trip to local stores and get the medicines delivered to them on-demand by providing a valid prescription from a doctor.

Website: instamed.in
Email ID: *****@instamed.in
Phone Number: +91 **********
Registered Address: Plot No. 1840, Ground Floor, Kingsway Camp, Landmark Near RB TB Hospital, Outram Lin, e, North West, Delhi, Delhi, India, 110009

Key Metrics

Founded Year

2021

Location

Mumbai, India

Stage

Seed

Latest Funding Round

Seed, Apr 13, 2022, $*****

Investors

We Founder Circle & 1 more

Ranked

3^rd among 16 active competitors

Annual Revenue

₹50 - ₹100 Cr as on Mar 31, 2025

Employee Count

6 as on Jan 31, 2025

Similar Companies

Talabat.com & 19 more

View Instamed's full profile

Instamed is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ANAHAD PHARMA PRIVATE LIMITED CIN: U85100DL2022PTC391934 , India, Active	Jan 03, 2022	₹50 - ₹100 Cr (As on Mar 31, 2025)	13 (As on Nov 01, 2024)

Instamed has raised funding over 1 round. Its latest funding round was a Seed round on Apr 13, 2022 for $*****. 1 investor participated in its latest round. Instamed has 2 institutional investors.

Here is the list of recent funding rounds of Instamed:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 13, 2022	1749977	Seed	5614249	8455947	2791564	4893350

Access funding benchmarks and valuations. Sign up today!

View details of Instamed's funding rounds and investors

The founders of Instamed are Shikhar Agrawal and Anmol Sharma.

Here are the details of Instamed's key team members:

Shikhar Agrawal: Co-Founder of Instamed. They serve on the board of 1 company.
Contact Info: 1 email address
Anmol Sharma: Co-Founder of Instamed.

Instamed's Board of Directors

Instamed's board has 2 active members. Shikhar Agrawal is part of team and Pranjal Trivedi is independent board member.

Here is the list of Instamed's board of directors:

Name	Type	Representing	Status	Duration
Shikhar Agrawal	Team	-	Current	4y 6m
Pranjal Trivedi	Independent board member	-	Current	2y 7m

View details of Instamed's Founder profiles and Board Members

Instamed's employee count trend

Instamed has 6 employees as of Jan 25. The total employee count is 81.0% lower than what it was in Jan 24. Here is Instamed's employee count trend over the years:

Uncover Instamed's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Instamed include Farmako, Plazza and Medinos. Here is the list of Top 10 competitors of Instamed, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Farmako 2019, Roorkee (India), Seed	Provider of ultra fast medicine delivery and various health services	$3.1M	Goodwater Capital, 535 West & 9 others	52/100
2nd	Plazza 2024, Bengaluru (India), Series A	Platform offering ultra fast medication delivery	$16.4M	Nexus Venture Partners, Accel & 21 others	46/100
3rd	Instamed 2021, Mumbai (India), Seed	Online e-commerce platform for the delivery of medicines	-	We Founder Circle, Enrission India Capital	39/100
4th	Medinos 2021, Delhi (India), Unfunded	Online pharmacy platform offering healthcare products	-	-	36/100
5th	Rio.ai 2023, Gurugram (India), Funding Raised	Provider of online platform that delivers medications in 15 minutes	-	Good Capital	32/100
6th	Dava Ninja 2022, Mumbai (India), Unfunded	Network connecting local pharmacies to facilitate rapid medical product delivery	-	-	31/100
7th	Medstown 2022, Hyderabad (India), Unfunded	Provider of medicine delivery services via local pharmacies and teleconsultations	-	-	28/100
8th	KwikMedi 2024, Gurugram (India), Unfunded	Company building the last-mile healthcare infrastructure	-	-	26/100
9th	BharatMed 2023, Pune (India), Unfunded	Provider of hyper local healthcare delivery platform	-	-	26/100
10th	Medkaro 2024, Kolkata (India), Unfunded	A healthcare technology company that operates an online platform for medicine delivery	-	-	24/100