Medlife Overview
- Year Founded
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2014

- Status
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Acquired/Merged
- Latest Deal Type
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M&A
- Latest Deal Amount
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$230M
- Investors
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1
Medlife General Information
Description
Operator of an online pharmacy intended to simplify medicine delivery. The company's pharmacy permits online ordering of prescription medicines using an interactive application, thereby enabling users to order medicines cost-efficiently and conveniently at home.
Contact Information
Website
www.medlife.comCorporate Office
- 5th and 6th Floor, Vaswani Centropolis
- Langford Road, Shanti Nagar
- Bengaluru, Karnataka 560027
- India
Corporate Office
- 5th and 6th Floor, Vaswani Centropolis
- Langford Road, Shanti Nagar
- Bengaluru, Karnataka 560027
- India
Medlife Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
7. Merger/Acquisition | 23-Sep-2020 | $230M | Completed | Generating Revenue | ||
6. Later Stage VC | 13-Aug-2020 | Completed | Generating Revenue | |||
5. Later Stage VC | 01-Mar-2020 | Completed | Generating Revenue | |||
4. Later Stage VC | 12-Apr-2019 | Completed | Generating Revenue | |||
3. Early Stage VC | 18-Jun-2018 | Completed | Generating Revenue | |||
2. Corporate | 28-Aug-2017 | $31.1M | $46.1M | Completed | Generating Revenue | |
1. Early Stage VC | 11-Nov-2014 | $15M | $15M | Completed | Startup |
Medlife Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | 171,280 | $1.445316 | $105.48 | $105.48 | 1x | $105.48 | 8.83% | |
Ordinary | 111,567 | $1.445316 | $95.86 | $95.86 | 1x | $95.86 | 5.75% |
Medlife Comparisons
Industry
Financing
Details
Medlife Competitors (6)
One of Medlife’s 6 competitors is mChemist, a Corporate Backed or Acquired company based in New Delhi, India.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
mChemist | Corporate Backed or Acquired | New Delhi, India | ||||
Wellness Forever | Venture Capital-Backed | Mumbai, India | ||||
MyMedicineBox | Corporation | Mumbai, India | ||||
Netmeds.com | Formerly VC-backed | Chennai, India | ||||
Tata 1mg | Venture Capital-Backed | New Delhi, India |
Medlife Former Investors (2)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Alkem Laboratories | Corporation | Minority | ||
Prasid Uno Family Trust | Family Office | Minority |
Medlife Acquisitions (3)
Medlife’s most recent deal was a Merger/Acquisition with Myra (Bangalore). The deal was made on 06-May-2019.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Myra (Bangalore) | 06-May-2019 | Merger/Acquisition | Specialty Retail | ||
MedLabz | 31-Jan-2019 | Merger/Acquisition | Clinics/Outpatient Services | ||
EClinic 24/7 | 21-Nov-2018 | Merger/Acquisition | Other Healthcare Services |
Medlife FAQs
-
When was Medlife founded?
Medlife was founded in 2014.
-
Where is Medlife headquartered?
Medlife is headquartered in Bengaluru, India.
-
What industry is Medlife in?
Medlife’s primary industry is Specialty Retail.
-
Is Medlife a private or public company?
Medlife is a Private company.
-
What is the current valuation of Medlife?
The current valuation of Medlife is
. -
What is Medlife’s current revenue?
The current revenue for Medlife is
. -
How much funding has Medlife raised over time?
Medlife has raised $180M.
-
Who are Medlife’s investors?
Alkem Laboratories and Prasid Uno Family Trust have invested in Medlife.
-
Who are Medlife’s competitors?
mChemist, Wellness Forever, MyMedicineBox, Netmeds.com, and Tata 1mg are some of the 6 competitors of Medlife.
-
When was Medlife acquired?
Medlife was acquired on 23-Sep-2020.
-
Who acquired Medlife?
Medlife was acquired by PharmEasy.
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