Medlife - About the company
Medlife is an acquired company based in Bengaluru (India), founded in 2014 by Prashant Dharamdeo Singh, Ananth Narayanan, Tushar Kumar and Qmedlife Whatapp. It operates as a Provider of an online pharmacy for medications. Medlife has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 3086 active competitors, including 134 funded and 100 that have exited. Its top competitors include companies like Blink Health, DocMorris and NimbleRx.
Company Details
Medlife is a provider of an online pharmacy for medications. It offers an app for purchasing medicines. It allows users to buy medication and various healthcare products such as family care products, skincare, baby care, and others. Users can also book an appointment for a lab test, online doctor consultation, and many more.
- Website
- medlife.com
- Email ID
- *****@medlife.com
- Phone Number
- +91 **********
- Registered Address
- ROOM NO.101A ZUBAIDA COMPLEX, EXHIBITION ROAD, Patna, PATNA, Bihar, India, 800001
Key Metrics
Founded Year
2014
Location
Bengaluru, India
Stage
Acquired
Latest Funding Round
Last Known Valuation
$***** as on May 25, 2021
Investors
Ranked
11th among 3086 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2021
Employee Count
1,172 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by PharmEasy (May 25, 2021)
Legal entities associated with Medlife
Medlife is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
MEDLIFE WELLNESS RETAIL PRIVATE LIMITED CIN: U24290KA2019PTC119959 , India, Amalgamated | Jan 02, 2019 | ₹10 - ₹50 Cr (As on Mar 31, 2022) | 46 (As on Mar 31, 2023) | |
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) |
Medlife's acquisition details
Medlife got acquired by PharmEasy on May 25, 2021.
Click here to take a look at Medlife's acquisition in detail
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Medlife's funding and investors
Medlife has raised funding over 2 rounds. Its first funding round was on Dec 17, 2019. Its latest funding round was a Conventional Debt round on Jul 03, 2020 for $*****. 1 investor participated in its latest round. Medlife has 6 institutional investors.
Here is the list of recent funding rounds of Medlife:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 03, 2020 | 5346400 | Conventional Debt | 6245332 | 3994934 | 4699668 | 3600114 |
Dec 17, 2019 | 7068126 | Conventional Debt | 7311709 | 1470118 | 3306373 |
View details of Medlife's funding rounds and investors
Medlife's founders and board of directors
Founder? Claim ProfileThe founders of Medlife are Prashant Dharamdeo Singh, Ananth Narayanan, Tushar Kumar and Qmedlife Whatapp. Seenu Sri is the CEO of Medlife.
Here are the details of Medlife's key team members:
- Prashant Dharamdeo Singh: Co-Founder & Director of Medlife and founder of 1 other company. They are also an angel investor in 3 startups and serve on the boards of 2 companies.Contact Info: 1 email address and 1 phone number
- Ananth Narayanan: Co-Founder and CEO of Medlife. They are also an angel investor in 9 startups and serve on the boards of 3 companies.Contact Info: 2 phone numbers
- Tushar Kumar: Founder & Director On Board of Medlife. They are also an angel investor in 2 startups and serve on the board of 1 company.Contact Info: 1 phone number
- Qmedlife Whatapp: Co-Founder of Medlife.
- Seenu Sri: CEO of Medlife.
Medlife's Board of Directors
Medlife's board has 4 active members. Prashant Dharamdeo Singh, Ananth Narayanan, Tushar Kumar and Saurabh Vishnu Agarwal are part of team.Here is the list of Medlife's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 12y 0m | |
latobqw | Team | - | Past | 5y 9m |
gxotrxw | Team | - | Past | 6y 6m |
evejahl | Team | - | Past | 5y 2m |
View details of Medlife's Founder profiles and Board Members
Medlife's employee count trend
Medlife has 1,172 employees as of Sep 26. Here is Medlife's employee count trend over the years:
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Medlife's Competitors and alternates
Top competitors of Medlife include Blink Health, DocMorris and NimbleRx. Here is the list of Top 10 competitors of Medlife, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Blink Health 2015, New York City (United States), Series B | Online pharmacy offering discounted prescription drugs | $165M | 76/100 | |
2nd | Online pharmacy providing pharmacy products and healthcare services | $88.3M | 76/100 | ||
3rd | NimbleRx 2015, Palo Alto (United States), Acquired | Provider of digital pharmacy management software and prescription delivery services | $74.7M | 76/100 | |
4th | Pharmacy2U 1999, Leeds (United Kingdom), Series C | Online pharmacy and teleconsultation platform | $313M | 75/100 | |
5th | SastaSundar 2011, Kolkata (India), Acquired | Provider of an online marketplace for health care products | $48.2M | 74/100 | |
6th | Web/mobile platform to order for general & prescription based medicines | $1.28M | - | 72/100 | |
7th | Arogga 2020, Dhaka (Bangladesh), Seed | Provider of an online pharmacy for healthcare products | $5.7M | 72/100 | |
8th | Alto 2015, San Francisco (United States), Acquired | Online pharmacy offering prescription delivery services | $592M | 72/100 | |
9th | Online medical store offering pharmaceutical products and diagnostic services | $688M | 71/100 | ||
10th | Provider of an online store for medicines and healthcare products | $109M | 70/100 | ||
11th | Provider of an online pharmacy for medications | - | 69/100 |
Looking for more details on Medlife's competitors? Click here to see the top ones
Financials of Medlife
MEDLIFE INTERNATIONAL PRIVATE LIMITED, the legal entity associated with Medlife, generated between ₹100 Cr and ₹500 Cr in revenue for the financial year ending on Mar 31, 2021. The revenue of MEDLIFE INTERNATIONAL PRIVATE LIMITED has a compounded annual growth rate (CAGR) of -17% in the last 1 year.
Financial Statement Summary
Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 5844 | 1678 | 4710 | 2318 | 5642 |
Total Sales | 6272 | 9217 | 8938 | 3514 | 2534 |
Total Expenses | 7685 | 8688 | 9014 | 6023 | 3354 |
Operating Expenses | 8683 | 4211 | 7958 | 7499 | 3993 |
Employee Expenses | 4666 | 1255 | 7793 | 7378 | 7843 |
Marketing Expenses | 1096 | 8865 | 1603 | 2777 | 5345 |
Operating Income (EBIT) | 7489 | 5357 | 1460 | 8177 | 9419 |
Interest Expenses | 1500 | 8003 | 9301 | 5163 | 2133 |
Expenses from other activities | 9509 | 9164 | 5581 | 4848 | 7702 |
Information Technology Expenses | 7691 | 1995 | 7751 | 8629 | 4509 |
EBITDA | 3842 | 2837 | 8057 | 7564 | 9272 |
Taxes | 2358 | 8243 | 2788 | 1696 | 1197 |
Net Profit | 6745 | 5367 | 3264 | 9683 | 2965 |
Balance Sheet | |||||
Assets | 8233 | 3703 | 7736 | 5116 | 1826 |
Cash Equivalent | 9217 | 6887 | 6342 | 3456 | 8820 |
Accounts Receivables | 9153 | 5341 | 7214 | 7582 | 8655 |
Inventory | 1313 | 5096 | 3624 | 7300 | 4671 |
Liabilities | 4640 | 1977 | 7308 | 4124 | 4605 |
Total Debt | 6986 | 2847 | 7494 | 3791 | 1744 |
Accounts Payable | 9940 | 5678 | 5311 | 1953 | 9484 |
Equities | 5549 | 4443 | 4540 | 9268 | 3272 |
Cashflow Statement | |||||
Cash from Operating activities | 2553 | 7061 | 5466 | 4837 | 6550 |
Cash from Investing activities | 6676 | 3420 | 9968 | 3438 | 3741 |
Net cash from Financing activities | 7291 | 3973 | 4957 | 1470 | 9916 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Medlife's Investments and acquisitions
Medlife has not made any investments yet. Medlife has made 10 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jun 24, 2022 | Acquisition | 2001 | Oradea (Romania) | |
Dec 10, 2019 | Acquisition | 2012 | Brasov (Romania) | |
May 28, 2019 | Acquisition | 2012 | Cluj napoca (Romania) |
See all acquisitions by Medlife
Reports related to Medlife
Here is the latest report on Medlife's sector:
News related to Medlife
Media has covered Medlife for 1 event in last 1 year.
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MedLife reaches €630 million pro-forma turnover in 2025 and continues to invest in genomics, AI and personalized medicineBiz Magazine•Feb 27, 2026•Medlife
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MedLife Finalizes The Acquisition Of Antares Clinic GroupRomania Journal•Oct 01, 2024•Medlife, https://antaresmedicalgroup.com
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MedLife: Driving medical excellence with innovation and learning hub for physiciansBusiness Review•Aug 03, 2023•Medlife
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