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.
- Website
- metromedi.com
- 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
Investors
Ranked
10th among 406 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2023
Employee Count
29 as on Aug 31, 2026
Legal entities associated with MetroMedi
MetroMedi is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
METROMEDI HEALTH TECHNOLOGIES PRIVATE LIMITED CIN: U52609TG2018PTC123145 , India, Active | Mar 20, 2018 | ₹50 - ₹100 Cr (As on Mar 31, 2023) | 19 (As on Mar 31, 2025) |
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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 |
View details of MetroMedi's funding rounds and investors
MetroMedi's founders and board of directors
Founder? Claim ProfileThe founders of MetroMedi is Maruthi Medisetti.
Here are the details of MetroMedi's key team members:
- Maruthi Medisetti: Co-Founder of MetroMedi.
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 |
View details of MetroMedi's Founder profiles and Board Members
MetroMedi's employee count trend
MetroMedi has 29 employees as of Aug 26. Here is MetroMedi's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SastaSundar 2011, Kolkata (India), Acquired | Provider of an online marketplace for health care products | $48.2M | 74/100 | |
2nd | Online medical store offering pharmaceutical products and diagnostic services | $688M | 70/100 | ||
3rd | Provider of an online pharmacy for medications | - | 66/100 | ||
4th | Web/mobile platform to order for general & prescription based medicines | $1.28M | - | 65/100 | |
5th | Provider of an online store for medicines and healthcare products | $109M | 61/100 | ||
6th | Provider of a technology-driven online pharmacy and telehealth platform | $114M | 61/100 | ||
7th | Healthskool Pharmacy 2015, Noida (India), Series A | Online pharmacy for the delivery of OTC and prescription medicines | $3.32M | 51/100 | |
8th | Myra Medicines 2014, Bengaluru (India), Acqui-Hired | Mobile app for ordering medicines | $12.4M | 50/100 | |
9th | Online pharmacy that delivers life saving medications | $989K | 49/100 | ||
10th | Provider of an online drug store | $1.95M | - | 49/100 |
Looking for more details on MetroMedi's competitors? Click here to see the top ones
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
•
MetroMedi.com - Online Pharmacy Start-up reached another milestone by serving 3,00,000 plus customersAsian News International•Dec 12, 2022•MetroMedi
•
MetroMedi launches Health Advisory Services with AI and Data AnalyticsAsian News International•Jun 21, 2022•MetroMedi
•
MetroMedi launches MetroMedi Relief platform for mental and sexual heath wellness on customer demandAsian News International•May 19, 2022•MetroMedi
•
MetroMedi planning to launch Instant Doctor online appointmentsAsian News International•Apr 20, 2022•MetroMedi
•
MetroMedi.com - Online Pharmacy Startup reshaping as aggregator for organic stores to serve customers betterAsian News International•Feb 09, 2022•MetroMedi
•
MetroMedi partnered with Dr Sayani Surgicals and Tesla DiagnosticsAsian News International•Oct 12, 2021•MetroMedi, Drsayanis, Tesla Diagnostics
•
MetroMedi.com partners with BMS Fit Club, launched remedial program for DiabetesAsian News International•Sep 24, 2021•BMS FIT CLUB, MetroMedi
•
MetroMedi joins hands with Telangana govt, WE Hub and Credit FairIndiaMedToday•Aug 16, 2021•MetroMedi, WE Hub
•
Hyderabad-based startup MetroMedi launches telemedicine service for tier 3, 4 citiesTheNewsMinute•Apr 27, 2020•MetroMedi
•
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