Netmeds.com Overview
- Year Founded
-
2010
- Status
-
Acquired/Merged
- Employees
-
491
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$82.6M
- Investors
-
4
Netmeds.com General Information
Description
Operator of an online pharmacy intended to provide access to medicines with convenient home delivery. The company's platform makes a wide range of prescription medicines and other health products conveniently available all across India, enabling customers to buy and send medicines from any corner of the country with just a few clicks of the mouse and also get significant savings.
Contact Information
Website
www.netmeds.com(Operating Subsidiary)
Corporate Office
- 5th Floor, EA Chambers (Express Avenue)
- Number 49 & 50 L, Whites Road, Royapettah
- Chennai, Tamil Nadu 600014
- India
Corporate Office
- 5th Floor, EA Chambers (Express Avenue)
- Number 49 & 50 L, Whites Road, Royapettah
- Chennai, Tamil Nadu 600014
- India
Netmeds.com Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. Merger/Acquisition | 19-Aug-2020 | $82.6M | Completed | Generating Revenue | ||
5. Later Stage VC | 27-May-2020 | Completed | Generating Revenue | |||
4. Later Stage VC (Series C) | 01-Sep-2018 | Completed | Generating Revenue | |||
3. Later Stage VC | 31-Oct-2017 | Completed | Generating Revenue | |||
2. Later Stage VC (Series A) | 26-Oct-2015 | $50M | $54.8M | Completed | Startup | |
1. Angel (individual) | 04-May-2015 | $4.78M | $4.78M | Completed | Startup |
Netmeds.com Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Ordinary Shares | ||||||||
Ordinary Shares | ||||||||
Ordinary Shares | ||||||||
Ordinary Shares | ||||||||
Ordinary Shares | 6,026,825 | $0.065937 | $3.32 | $3.32 | 1x | $3.32 | 32.43% | |
Ordinary Shares | 1,931,116 | $0.065937 | $3.16 | $3.16 | 1x | $3.16 | 7.21% |
Netmeds.com Comparisons
Industry
Financing
Details
Netmeds.com Competitors (3)
One of Netmeds.com’s 3 competitors is PharmEasy, a Venture Capital-Backed company based in Mumbai, India.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
PharmEasy | Venture Capital-Backed | Mumbai, India | ||||
Tata 1mg | Venture Capital-Backed | New Delhi, India | ||||
Meds On Way | Venture Capital-Backed | Pune, India |
Netmeds.com Signals
Netmeds.com Former Investors (4)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Chiratae Ventures | Venture Capital | Minority | ||
Powerhouse Ventures | Venture Capital | Minority | ||
Sistema Asia Capital | Corporate Venture Capital | Minority | ||
Titan Capital | Venture Capital | Minority |
Netmeds.com Acquisitions (3)
Netmeds.com’s most recent deal was a Merger/Acquisition with KiviHealth for . The deal was made on 25-Mar-2019.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
KiviHealth | 25-Mar-2019 | Merger/Acquisition | Other Healthcare Technology Systems | ||
JustDoc | 25-Sep-2018 | Merger/Acquisition | Other Healthcare Services | ||
Pluss | 24-Nov-2016 | Merger/Acquisition | Social/Platform Software |
Netmeds.com Subsidiaries (1)
Company Name | Industry | Location | Founded |
---|---|---|---|
KiviHealth | Other Healthcare Technology Systems | Royapettah, India |
Netmeds.com FAQs
-
When was Netmeds.com founded?
Netmeds.com was founded in 2010.
-
Where is Netmeds.com headquartered?
Netmeds.com is headquartered in Chennai, India.
-
What is the size of Netmeds.com?
Netmeds.com has 491 total employees.
-
What industry is Netmeds.com in?
Netmeds.com’s primary industry is Specialty Retail.
-
Is Netmeds.com a private or public company?
Netmeds.com is a Private company.
-
What is the current valuation of Netmeds.com?
The current valuation of Netmeds.com is
. -
What is Netmeds.com’s current revenue?
The current revenue for Netmeds.com is
. -
How much funding has Netmeds.com raised over time?
Netmeds.com has raised $78.8M.
-
Who are Netmeds.com’s investors?
Chiratae Ventures, Powerhouse Ventures, Sistema Asia Capital, and Titan Capital have invested in Netmeds.com.
-
Who are Netmeds.com’s competitors?
PharmEasy, Tata 1mg, and Meds On Way are competitors of Netmeds.com.
-
When was Netmeds.com acquired?
Netmeds.com was acquired on 19-Aug-2020.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »