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Medlife - About the company
Medlife is an acquired company based in Bengaluru (India), founded in 2014 by Prashant Dharamdeo Singh. 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 3063 active competitors, including 134 funded and 100 that have exited. Its top competitors include companies like NimbleRx, Alto and Blink Health.
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
- Social
- 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 3063 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2021
Employee Count
1,175 as on Aug 31, 2026
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 | Documents |
|---|---|---|---|---|
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 | 3256309 | Conventional Debt | 6353444 | 8210993 | 8324037 | 5782009 |
Dec 17, 2019 | 5973570 | Conventional Debt | 8339621 | 7480353 | 1897909 |
Access funding benchmarks and valuations. Sign up today!View details of Medlife's funding rounds and investors
Medlife's founders and board of directors
Founder? Claim ProfileThe founders of Medlife is Prashant Dharamdeo Singh.
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
Medlife's Board of Directors
Medlife's board has 4 active members. Prashant Dharamdeo Singh, Ananth Sankaranarayanan, 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 | 11y 9m | |
titrnrz | Team | - | Past | 3y 8m |
cxfyffs | Team | - | Past | 1y 9m |
yaavuqc | Team | - | Past | 2y 2m |
View details of Medlife's Founder profiles and Board Members
Medlife's employee count trend
Medlife has 1,175 employees as of Aug 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 NimbleRx, Alto and Blink Health. 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 | NimbleRx 2015, Palo Alto (United States), Acquired | Provider of digital pharmacy management software and prescription delivery services | $74.7M | 75/100 | |
2nd | _1584015723684.png?devicePixelRatio=2&height=30&width=30){kind=logo} Alto 2015, San Francisco (United States), Acquired | Online pharmacy offering prescription delivery services | $592M | 75/100 | |
3rd |  Blink Health 2015, New York City (United States), Series B | Online pharmacy offering discounted prescription drugs | $165M | 75/100 | |
4th | Online pharmacy providing pharmacy products and healthcare services | $88.3M | 74/100 | ||
5th | SastaSundar 2011, Kolkata (India), Acquired | Provider of an online marketplace for health care products | $48.2M | 74/100 | |
6th | Pharmacy2U 1999, Leeds (United Kingdom), Series C | Online pharmacy and teleconsultation platform | $313M | 74/100 | |
7th |  API Holdings 2012, Mumbai (India), Series F | Digital healthcare management tool | $1.19B | 73/100 | |
8th |  Arogga 2020, Dhaka (Bangladesh), Seed | Provider of an online pharmacy for healthcare products | $5.7M | 71/100 | |
9th | Online medical store offering pharmaceutical products and diagnostic services | $688M | 70/100 | ||
10th |  Thirty Madison 2017, New York City (United States), Acquired | Healthcare platform offers various brands and personalized treatments | $210M | 67/100 | |
11th | Provider of an online pharmacy for medications | - | 66/100 |
_1584017160332.png?devicePixelRatio=2&height=30&width=30){kind=logo}
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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
Filter this listDate 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) |
Want to know more about where corporates are investing? Sign up today!See all acquisitions by Medlife
Reports related to Medlife
Here is the latest report on Medlife's sector:
News related to Medlife
Filter this listMedia has covered Medlife for 1 event in last 1 year.
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MedLife invests in robotic surgery, acquires da Vinci X robot in the Polisano Hospital in Sibiuthediplomat.ro•Jan 08, 2024•Medlife, Intuitive
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MedLife: Driving medical excellence with innovation and learning hub for physiciansBusiness Review•Aug 03, 2023•Medlife
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