MedCords - About the company
MedCords is a series A company based in Kota (India), founded in 2017 by Shreyans Mehta, Nikhil Baheti, Pranav Mehta, Saida Dhanavath, Manisha Mehta and Nikhil Baheti. It operates as a Mobile app offering telepharmacy and teleconsultation services with doctors. MedCords has raised $5.36M in funding from investors like Info Edge, Info Edge Ventures and Rajasthan Venture Capital Fund, with a current valuation of ₹*****. The company has 432 active competitors, including 24 funded and 6 that have exited. Its top competitors include companies like SastaSundar, API Holdings and MedPlus.
Company Details
Mobile app offering telepharmacy and teleconsultation services with doctors. The app allows patients to book and schedule online consultations with doctors across multiple medical specialties. Also, users can seek medical guidance and order prescribed drugs for various health ailments.
- Website
- www.medcords.com
- Social
- Email ID
- *****@medcords.com
- Phone Number
- +91 **********
- Registered Address
- PLOT NO. 2 BASANT VIHAR MAIN ROAD DADABARI EXT., Kota, KOTA, Rajasthan, India, 324009
Key Metrics
Founded Year
2017
Location
Kota, India
Stage
Series A
Total Funding
$5.36M in 6 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Feb 15, 2022
Ranked
17th among 432 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
198 as on May 31, 2026
Similar Companies
Legal entities associated with MedCords
MedCords is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Medcords Healthcare Solutions Private Limited CIN: U74999RJ2016PTC055981 , India, Active | Sep 15, 2016 | 0 - ₹10 Cr (As on Mar 31, 2025) | 12 (As on Aug 01, 2023) |
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MedCords's funding and investors
MedCords has raised a total funding of $5.36M over 6 rounds. Its first funding round was on Mar 27, 2017. Its latest funding round was a Series A round on Oct 07, 2021 for $*****. 9 investors participated in its latest round. MedCords has 16 institutional investors and 16 angel investors.
Here is the list of recent funding rounds of MedCords:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 07, 2021 | 4864883 | Series A | 3037966 | 2714506 | 6537302 | 3401421 |
Sep 04, 2020 | 1311773 | Series A | 6912901 | 6733549 | 5485727 | 2774244 |
Mar 20, 2020 | 8575273 | Series A | 3038730 | 7961076 |
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MedCords' founders and board of directors
Founder? Claim ProfileThe founders of MedCords are Shreyans Mehta, Nikhil Baheti, Pranav Mehta, Saida Dhanavath, Manisha Mehta and Nikhil Baheti. Shreyans Mehta is the CEO of MedCords.
Here are the details of MedCords' key team members:
- Shreyans Mehta: Co-Founder & CEO of MedCords and founder of 1 other company. They are also an angel investor in 2 startups and serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
- Nikhil Baheti: Former Co-Founder of MedCords and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 phone number
- Pranav Mehta: Co-Founder of MedCords. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Saida Dhanavath: Co-Founder of MedCords. They serve on the board of 1 company.Contact Info: 1 phone number
- Manisha Mehta: Co-Founder of MedCords. They serve on the board of 1 company.
MedCords' Board of Directors
MedCords's board has 2 active members. Shreyans Mehta is part of team and Roshita Jain is independent board member.Here is the list of MedCords' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 9m | |
Independent board member | - | Current | 0y 10m |
View details of MedCords's Founder profiles and Board Members
MedCords' employee count trend
MedCords has 198 employees as of May 26. Here is MedCords's employee count trend over the years:
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MedCords's Competitors and alternates
Top competitors of MedCords include SastaSundar, API Holdings and MedPlus. Here is the list of Top 10 competitors of MedCords, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SastaSundar 2011, Kolkata (India), Acquired | Provider of an online marketplace for health care products | $48.2M | 74/100 | |
2nd |  API Holdings 2012, Mumbai (India), Series F | Digital healthcare management tool | $1.19B | 73/100 | |
3rd | Web/mobile platform to order for general & prescription based medicines | $1.28M | - | 72/100 | |
4th | Online medical store offering pharmaceutical products and diagnostic services | $688M | 70/100 | ||
5th | Provider of an online pharmacy for medications | - | 69/100 | ||
6th | Provider of a technology-driven online pharmacy and telehealth platform | $114M | 62/100 | ||
7th | Provider of an online store for medicines and healthcare products | $109M | 61/100 | ||
8th | Provider of ultra fast medicine delivery and various health services | $3.1M | 60/100 | ||
9th | Online pharmacy that delivers life saving medications | $989K | 49/100 | ||
10th |  Healthskool Pharmacy 2015, Noida (India), Series A | Online pharmacy for the delivery of OTC and prescription medicines | $3.32M | 47/100 | |
17th | Mobile app offering telepharmacy and teleconsultation services with doctors | $5.36M | 44/100 |
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MedCords's Latest cap tables and shareholding
Founders own 27.70%, Funds (largest shareholder) own 35.84%, Enterprises own 3.10% and Angels own 15.56%. The net worth of MedCords's founders is INR 32.2Cr as of Feb 15, 2022.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 27.70% | 32.2Cr | 5043501 | 7359594 | 4900006 | 6783312 |
9932804 | 7501665 | 9827844 | 4182583 | 8395540 | 3374789 | |
3499999 | 8960756 | 7423969 | 6330622 | 3262081 | 2663516 | |
Fund | 35.84% | 41.7Cr | 7132824 | 2309282 | 6813613 | 8714609 |
8852051 | 9402329 | 8619749 | 3552139 | 1454142 | 9850539 | |
7086178 | 6766474 | 6003713 | 6940750 | 6062827 | 5382316 | |
584650 | 416055 | 433895 | 910051 | 768928 | 524455 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 3.10% | 3.6Cr | 871 | 328 | 260 | 190 |
Angel | 15.56% | 18.1Cr | 1933089 | 5129759 | 4671719 | 3575329 |
Other People | 17.81% | 20.7Cr | 9107063 | 3772028 | 7266062 | 8111331 |
Total | 100.00% | 116Cr | 1258885 | 7966588 | 3943506 | 4252230 |
To unlock detailed Cap Table of MedCords Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of MedCords's Shareholding
MedCords's Investments and acquisitions
MedCords has made no investments or acquisitions yet.
Reports related to MedCords
Here is the latest report on MedCords's sector:
News related to MedCords
•
Entero Healthcare starts HealthEdge platform for retail chemistsThe Hindu•Mar 20, 2025•Entero Healthcare, MedCords
•
Swastika Investmart, Medcords Healthcare Solutions launch Sehat Sathi AppBioSpectrum India•Aug 13, 2021•Swastika, MedCords
•
Naukri parent Info Edge to pump more money into health-tech platform MedCordsVCCircle•Mar 24, 2020•Info Edge, MedCords
•
B2B footwear marketplace ShoeKonnect gets funding from new, existing investorsVCCircle•Sep 13, 2019•ShoeKonnect, Info Edge, Indian Angel Network, Yukti Securities and 39 others
•
WhatsApp & Invest India To Support 5 Indian StartupsSMEStreet.in•Jun 20, 2019•MedCords, Melzo, Gramophone, HelpSpace and 2 others
•
•
Medical records anytime, anywhere? Kota-based MedCords has a cloud solutionYourStory•Aug 03, 2018•MedCords
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