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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.
Social
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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
Last Known Valuation
$***** as on May 25, 2021
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2021
Employee Count
1,172 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by PharmEasy (May 25, 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
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Medlife's founders and board of directors

Founder? Claim Profile
The 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:

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

Medlife's employee count trend

Medlife has 1,172 employees as of Sep 26. Here is Medlife's employee count trend over the years:
Employee count trend for Medlife
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Blink Health
Blink Health
2015, New York City (United States), Series B
Online pharmacy offering discounted prescription drugs
$165M
76/100
2nd
Logo for DocMorris
DocMorris
2000, Aachen (Germany), Acquired
Online pharmacy providing pharmacy products and healthcare services
$88.3M
76/100
3rd
Logo for NimbleRx
NimbleRx
2015, Palo Alto (United States), Acquired
Provider of digital pharmacy management software and prescription delivery services
$74.7M
76/100
4th
Logo for Pharmacy2U
Pharmacy2U
1999, Leeds (United Kingdom), Series C
Online pharmacy and teleconsultation platform
$313M
75/100
5th
Logo for SastaSundar
SastaSundar
2011, Kolkata (India), Acquired
Provider of an online marketplace for health care products
$48.2M
74/100
6th
Logo for MedPlus
MedPlus
2006, Hyderabad (India), Seed
Web/mobile platform to order for general & prescription based medicines
$1.28M
-
72/100
7th
Logo for Arogga
Arogga
2020, Dhaka (Bangladesh), Seed
Provider of an online pharmacy for healthcare products
$5.7M
72/100
8th
Logo for Alto
Alto
2015, San Francisco (United States), Acquired
Online pharmacy offering prescription delivery services
$592M
72/100
9th
Logo for PharmEasy
PharmEasy
2015, Mumbai (India), Series F
Online medical store offering pharmaceutical products and diagnostic services
$688M
71/100
10th
Logo for Netmeds
Netmeds
2015, Chennai (India), Acquired
Provider of an online store for medicines and healthcare products
$109M
70/100
11th
Logo for Medlife
Medlife
2014, Bengaluru (India), Acquired
Provider of an online pharmacy for medications
-
69/100
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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)

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$10.99$2.53(excl. taxes)
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  • Financial Summary & Charts
  • Detailed Income Statement, Balance Sheet, Cashflow Statement
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Medlife's Latest cap tables and shareholding

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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

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:lockFilter 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)
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Reports related to Medlife

Here is the latest report on Medlife's sector:

News related to Medlife

lockFilter this list
Media has covered Medlife for 1 event in last 1 year.
•
MedLife acquires Routine Med in TulceaRomania Journal•Oct 28, 2024•Routinemed, Medlife
•
MedLife Boosts Syndicated Loan to EUR 268.3 MillionRomania Journal•Mar 19, 2024•Medlife
•
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