When was MedLabz founded?

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

Where is MedLabz located?

MedLabz is headquartered in Mumbai, India. It is registered at ROOM NO.101A ZUBAIDA COMPLEX, EXHIBITION ROAD, Patna, PATNA, Bihar, India, 800001.

Which legal entities is MedLabz associated with?

MedLabz is associated with Evriksh Healthcare Private Limited and 1 other.

How many employees does MedLabz have?

As of Jun 30, 2026, the latest employee count at MedLabz is 8.

Is MedLabz a funded company?

MedLabz is a funded company, having raised a total of $360K across 4 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Jul 01, 2016.

How much is MedLabz worth?

The last known valuation of MedLabz was $***** as of Nov 30, 2017.

When was the latest funding round of MedLabz?

MedLabz's latest funding was a $***** Seed round on Nov 30, 2017, with participation from 0 investor.

What is the annual revenue of MedLabz?

Annual revenue of MedLabz is between ₹100 Cr and ₹500 Cr as on Mar 31, 2021

Where does MedLabz rank among its competitors?

MedLabz ranks 12th amongst 39 active competitors, of which 4 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Hindustan Wellness, which secured $1.42M in Aug, 2021.

Who are the top competitors of MedLabz?

MedLabz's top competitors include Quest Diagnostics, Hindustan Wellness and 1mg Labs. Among them, Hindustan Wellness secured the most recent funding round in August, 2021.

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

Company Details

An online platform enabling consumers to book an appointment for lab visits for diagnostic tests in their location. Users can search for test names on the platform offered with the options for home collection or lab visits. The team comprises of IIT and Cornell graduates along with quality assurance specialists. Currently offering its services in parts of the Mumbai region.

Website: medlabz.com
Social
Email ID: *****@medlabz.com
Phone Number: +91 **********
Registered Address: ROOM NO.101A ZUBAIDA COMPLEX, EXHIBITION ROAD, Patna, PATNA, Bihar, India, 800001

Key Metrics

Founded Year

2015

Location

Mumbai, India

Stage

Acqui-Hired

Total Funding

$360K in 4 rounds

Latest Funding Round

Seed, Nov 30, 2017, $*****

Last Known Valuation

$***** as on Nov 30, 2017

Investors

Anil Tandon & 11 more

Ranked

12^th among 39 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2021

Employee Count

8 as on Jun 30, 2026

Similar Companies

Hindustan Wellness & 149 more

View MedLabz's full profile

MedLabz is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MEDLIFE INTERNATIONAL PRIVATE LIMITED CIN: U24230BR2014PTC023149 , India, Amalgamated	Nov 11, 2014	₹100 - ₹500 Cr (As on Mar 31, 2021)	1136 (As on Apr 01, 2021)
Evriksh Healthcare Private Limited CIN: U85110MH2015PTC327230 , India, Amalgamated	Sep 08, 2015	0 - ₹10 Cr (As on Mar 31, 2021)	-

MedLabz has raised a total funding of $360K over 4 rounds. Its first funding round was on Jul 01, 2016. MedLabz has 1 institutional investor and 11 angel investors.

Here is the list of recent funding rounds of MedLabz:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 30, 2017	6625121	Seed	7465447	6619835	7453753	4336596
Jun 10, 2017	5546052	Angel	8788091	3339008	3668555	Sajiv Chandra & 1 more
Oct 10, 2016	9967958	Angel	4690616	1762102	Shalu Anand & 1 more	Ritu Chadha & 4 more

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View details of MedLabz's funding rounds and investors

The founders of MedLabz are Nimish Mehta, Kumar Akarsh and Piyush Singh. Siddharth Bidwan is the CEO of MedLabz.

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

Nimish Mehta: Co-Founder of MedLabz.
Kumar Akarsh: Former Co-Founder of MedLabz.
Piyush Singh: Former Co-Founder of MedLabz.
Siddharth Bidwan: CEO of MedLabz.

MedLabz's Board of Directors

MedLabz's board has 5 active members. Piyush Singh, Nimish Mehta, Harshal Jain, Kumar Akarsh and Siddharth Bidwan are part of team.

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

Name	Type	Representing	Status	Duration
Piyush Singh	Team	-	Current	10y 11m
Siddharth Bidwan	Team	-	Current	10y 11m
vqggewe	Team	-	Past	6y 8m
twdu{xa	Team	-	Past	6y 1m
svkslit	Team	-	Past	2y 4m

View details of MedLabz's Founder profiles and Board Members

MedLabz's employee count trend

MedLabz has 8 employees as of Jun 26. Here is MedLabz's employee count trend over the years:

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Top competitors of MedLabz include Quest Diagnostics, Hindustan Wellness and 1mg Labs. Here is the list of Top 10 competitors of MedLabz, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Quest Diagnostics 1967, Secaucus (United States), Public	Provider of integrated diagnostic and IT products and services for healthcare organizations	-	National Science Foundation	73/100
2nd	Hindustan Wellness 2014, Gurugram (India), Seed	Mobile app for booking preventive health checkups and maintaining personal health records	$3.4M	Caspian Debt, Prime Securities & 44 others	48/100
3rd	1mg Labs 2015, Delhi (India), Unfunded	Online marketplace for diagnostic test and health package	-	-	48/100
4th	Health Meter 2011, Mumbai (India), Unfunded	Mobile app to book lab tests and store medical records	-	-	42/100
5th	Direct2Lab 2015, Delhi (India), Deadpooled	Mobile application to book diagnostics tests	-	-	36/100
6th	LabsAdvisor 2015, Delhi (India), Seed	Online marketplace for diagnostic labs	$351K	Axience & 27 others	34/100
7th	Klinic App 2015, Gurugram (India), Deadpooled	Book Pathology and Diagnostics test to be delivered at home	$1.13M	Fire Infotech, Burman Family & 37 others	33/100
8th	Indus Health Plus 2000, Pune (India), Unfunded	Provider of preventive health checkup packages, genetic tests, and lab services	-	-	33/100
9th	Pathcare Diagnostics 2007, Hyderabad (India), Unfunded	Provider of clinical diagnostic tests booking platform	-	-	32/100
10th	Medd.in 2015, Mumbai (India), Acqui-Hired	Compare & Book diagnostic test centers	$150K	-	32/100
12th	MedLabz 2015, Mumbai (India), Acqui-Hired	Web platform for diagnostic test booking and sample collection at home	$360K	Startup-O & 11 others	31/100

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Founders (largest shareholder) own 66.50%, Angels own 25.30% and ESOP Pool own 1.40%. The net worth of MedLabz's founders is INR 12.6Cr as of Nov 30, 2017.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	66.50%	12.6Cr	6465430	7258459	9930150	5480772
Angel	25.30%	4.79Cr	5920326	1694202	1256386	5676395
Rohit Chadha	3927	5623	6634	8494	2762	4535
Shalu Anand	553	294	404	635	340	431
Sudeep Singh	818	745	424	619	105	752
Anil Tandon	58	27	15	63	72	37
Sajiv Chandra	0	0	0	0	0	0
ESOP Pool	1.40%	27.2L	5	7	2	5
Total	93.20%	17.7Cr	2163919	9849597	2907316	7716488