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MetroMedi - About the company

MetroMedi is a seed company based in Hyderabad (India), founded in 2018 by Maruthi Medisetti. It operates as a Provider of an online drug store. MetroMedi has raised $1.95M in funding, with a current valuation of ₹*****. The company has 406 active competitors, including 21 funded and 6 that have exited. Its top competitors include companies like SastaSundar, PharmEasy and Medlife.

Company Details

MetroMedi is an online drug store. It provides products for diabetic care, healthcare, personal care, and nutrition. Users can purchase the products online with or without attaching prescriptions.
Social
XFacebook
Email ID
*****@metromedi.com
Phone Number
+91 **********
Registered Address
Plot No.74, 1st Floor Tanesha Nagar, Hyderabad, Manikonda, Telangana, India, 500089
Key Metrics
Founded Year
2018
Location
Hyderabad, India
Stage
Seed
Total Funding
$1.95M in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Mar 27, 2021
Ranked
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2023
Employee Count
29 as on Aug 31, 2026
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MetroMedi's funding and investors

MetroMedi has raised a total funding of $1.95M over 3 rounds. Its first funding round was on Mar 29, 2019. Its latest funding round was a Angel round on Mar 27, 2021 for $*****. 2 investors participated in its latest round. MetroMedi has 6 angel investors.

Here is the list of recent funding rounds of MetroMedi:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 27, 2021
6901208
Angel
3302552
1355497
3014745
1667672
Jan 09, 2020
9304778
Angel
9456223
7215198
8499707
3802322
Mar 29, 2019
4015408
Angel
7328972
9107845
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MetroMedi's founders and board of directors

Founder? Claim Profile
The founders of MetroMedi is Maruthi Medisetti.
Here are the details of MetroMedi's key team members:

MetroMedi's Board of Directors

MetroMedi's board has 1 active member. Janaki Chakravarthi Byra is independent board member.
Here is the list of MetroMedi's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
8y 6m
xwetv{q
Independent board member
-
Past
7y 3m

MetroMedi's employee count trend

MetroMedi has 29 employees as of Aug 26. Here is MetroMedi's employee count trend over the years:
Employee count trend for MetroMedi
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MetroMedi's Competitors and alternates

Top competitors of MetroMedi include SastaSundar, PharmEasy and Medlife. Here is the list of Top 10 competitors of MetroMedi, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for SastaSundar
SastaSundar
2011, Kolkata (India), Acquired
Provider of an online marketplace for health care products
$48.2M
74/100
2nd
Logo for PharmEasy
PharmEasy
2015, Mumbai (India), Series F
Online medical store offering pharmaceutical products and diagnostic services
$688M
70/100
3rd
Logo for Medlife
Medlife
2014, Bengaluru (India), Acquired
Provider of an online pharmacy for medications
-
66/100
4th
Logo for MedPlus
MedPlus
2006, Hyderabad (India), Seed
Web/mobile platform to order for general & prescription based medicines
$1.28M
-
65/100
5th
Logo for Netmeds
Netmeds
2015, Chennai (India), Acquired
Provider of an online store for medicines and healthcare products
$109M
61/100
6th
Logo for Truemeds
Truemeds
2019, Mumbai (India), Series C
Provider of a technology-driven online pharmacy and telehealth platform
$114M
61/100
7th
Logo for Healthskool Pharmacy
Healthskool Pharmacy
2015, Noida (India), Series A
Online pharmacy for the delivery of OTC and prescription medicines
$3.32M
51/100
8th
Logo for Myra Medicines
Myra Medicines
2014, Bengaluru (India), Acqui-Hired
Mobile app for ordering medicines
$12.4M
50/100
9th
Logo for MrMed
MrMed
2021, Chennai (India), Seed
Online pharmacy that delivers life saving medications
$989K
49/100
10th
Logo for MetroMedi
MetroMedi
2018, Hyderabad (India), Seed
Provider of an online drug store
$1.95M
-
49/100
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MetroMedi's Latest cap tables and shareholding

Founders own 4.10%, Angels (largest shareholder) own 95.90% and Other People own 0.00%. The net worth of MetroMedi's founders is INR 55.4L as of Mar 27, 2021.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
4.10%
55.4L
5108
9737
5824
4076
Angel
95.90%
13Cr
2687086
8467963
3398003
1141072
4489519
9315155
8739733
5996086
6867924
6730941
2230838
6250435
3531909
1065029
2450944
2304794
Other People
-
6.25K
0
0
0
0
Total
100.00%
13.5Cr
9995064
6074963
7368690
4499348
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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 MetroMedi's Shareholding

MetroMedi's Investments and acquisitions

MetroMedi has made no investments or acquisitions yet.

Reports related to MetroMedi

Here is the latest report on MetroMedi's sector:

News related to MetroMedi

lockFilter this list
•
MetroMedi launches Health Advisory Services with AI and Data AnalyticsAsian News International•Jun 21, 2022•MetroMedi
•
MetroMedi planning to launch Instant Doctor online appointmentsAsian News International•Apr 20, 2022•MetroMedi
•
MetroMedi in talks to raise $1.5 million fundingIndiatimes•Jan 10, 2020•MetroMedi, Propeluss
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