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Medicea - About the company

Medicea is a seed company based in Delhi (India), founded in 2015 by Ashish Kumar. It operates as an Order management system for pharmacy supply chain. Medicea has raised $139K in funding, with a current valuation of ₹*****. The company has 82 active competitors, including 15 funded and 8 that have exited. Its top competitors include companies like giftHEALTH, Reap and DocPharma.

Company Details

Order management system for pharmacy supply chain. Users can login to app using their email and number. Claims to reduces more than 90% of overall order management logistics problems for retail chemists. Drug information like active pharmaceutical ingredients as well as the price in market, expiry updates and other information services can be viewed through app. Claims to have more than 300,000 medicines listed and more than 10,000 retailers and distributors as of Jan 2016.
Website
medicea.in
Social
Facebook
Email ID
*****@medicea.in
Registered Address
Second Floor, Plot No. 80, Sai Enclave,(Near EPFO) Sector-23, Dwarka, South West Delhi, New Delhi, Delhi, India, 110077
Key Metrics
Founded Year
2015
Location
Delhi, India
Stage
Seed
Total Funding
$139K in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jan 31, 2018
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2017
Employee Count
8 as on Aug 31, 2026
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Medicea's funding and investors

Medicea has raised a total funding of $139K over 2 rounds. Its first funding round was on Jan 15, 2016. Its latest funding round was a Seed round on Jul 20, 2017 for $*****. 12 investors participated in its latest round. Medicea has 2 institutional investors and 25 angel investors.

Here is the list of recent funding rounds of Medicea:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 20, 2017
5602411
Seed
6701181
5233614
5921973
7138757
Jan 15, 2016
8129610
Seed
8935070
8192375
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Medicea's founders and board of directors

Founder? Claim Profile
The founders of Medicea is Ashish Kumar.
Here are the details of Medicea's key team members:

Medicea's employee count trend

Medicea has 8 employees as of Aug 26. Here is Medicea's employee count trend over the years:
Employee count trend for Medicea
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Medicea's Competitors and alternates

Top competitors of Medicea include giftHEALTH, Reap and DocPharma. Here is the list of Top 10 competitors of Medicea, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for giftHEALTH
giftHEALTH
2009, Columbus (United States), Acquired
Provider of supply chain management platform
$5.76M
61/100
2nd
Logo for Reap
Reap
2015, Mumbai (India), Series B
Provider of a communication and supply chain management software for pharmacies
$59.7M
46/100
3rd
Logo for DocPharma
DocPharma
2024, Bengaluru (India), Seed
Supply chain services for pharmaceutical distribution and diagnostic testing logistics
$2.5M
46/100
4th
Logo for Pharmacist Bang
Pharmacist Bang
2015, Guangzhou (China), Public
Provider of digital pharmaceutical trading platforms for clinical health providers
$495M
45/100
5th
Logo for PharmX
PharmX
2006, Sydney (Australia), Acquired
Provider of platform for connecting pharmacies with suppliers
-
-
45/100
6th
Logo for GraphiteRx
GraphiteRx
2019, Nashville (United States), Funding Raised
Platform for supply management of pharmaceutical products
-
44/100
7th
Logo for Remedial Health
Remedial Health
2020, Newark (United States), Series A
Provider of a supply chain management software for pharmacies and insurers
$13.9M
44/100
8th
Logo for Anahad
Anahad
2020, Mumbai (India), Seed
Online pharmacy and branded local pharmacy chain offering fast delivery of medicines and wellness products
-
41/100
9th
Logo for Care9
Care9
2016, Chennai (India), Seed
Cloud-based supply chain management platform for pharmacies, healthcare providers & consumers
$196K
-
40/100
10th
Logo for Medvol
Medvol
2018, Mumbai (India), Unfunded
Distributor of pharmaceutical products
-
-
37/100
11th
Logo for Medicea
Medicea
2015, Delhi (India), Seed
Order management system for pharmacy supply chain
$139K
37/100
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Medicea's Latest cap tables and shareholding

Founders (largest shareholder) own 61.72%, Funds own 3.40%, Angels own 13.08% and Other People own 20.65%. The net worth of Medicea's founders is INR 5.43Cr as of Jul 20, 2017.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
61.72%
5.43Cr
1764132
1381856
2922450
6507595
2175862
2997283
4664734
7391768
6768995
9381413
Fund
3.40%
29.9L
671
424
739
890
Angel
13.08%
1.15Cr
7085679
3359194
5285891
3693070
51
75
86
89
84
54
0
0
0
0
0
0
Other People
20.65%
1.82Cr
9077901
5472795
2682471
3629221
Total
98.85%
8.7Cr
3201878
9319560
2877682
9168228
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Medicea's Shareholding

Medicea's Investments and acquisitions

Medicea has made no investments or acquisitions yet.

Reports related to Medicea

Here is the latest report on Medicea's sector:

FAQs about Medicea

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