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INTELLIHEALTH SOLUTIONS PRIVATE LIMITED

Truemeds

U85320MH2019PTC320566

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jul 21, 2025
Key Metrics
  • No. of Employees108
  • Founded Year 2019
  • Company StagePrivate Limited Company
  • Total Funding₹755.11 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Truemeds
TrueMeds, through its proprietary algorithm and tele-consultation, is able to recommend best value medicines to customers with precise scientific matching and outcomes history leading to 50%+ savings for customers ! Truemed's vision is to make healthcare affordable and accessible to all. We are a technology driven, tele-health platform that aims to reduce healthcare expenses and improve healthcare outcomes by democratising medicine purchase in India.
Business Model

Truemeds is a telehealth platform that lets consumers find medicines of alternate brands with the help of prescriptions uploaded by them. As per the company, 95% of the drugs sold in India are off-patent and on average, a customer saves approximately 47% on their monthly medicine bills by using Truemeds.

Top Competitors
PH
PharmeasyU74999MH2019PTC320220
T1
Tata 1mgU74140DL2015PTC279229
NE
NetmedsU74900TN2015PLC101916
AP
Apollo PharmacyU52500TN2016PLC111328
Truemeds Funding Details
Funding Highlights
Latest Funding RoundSeries C
Total Funding Raised₹755.11 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors4
Investors
  • Info Edge Ventures, WestBridge, Accel India and Asha Impact
Note:

Valuation as on Feb 17, 2025

Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Truemeds Financial Details
Financial Highlights
FY 2023-24 Revenue₹324.77 Cr
FY 2023-24 Expenses₹385.77 Cr
FY 2023-24 Profit/Loss-₹61 Cr
Net Cash Flow From Operations-₹116.12 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Truemeds Key People
People Metrics
Current Core Team2
Board Members/Directors2

Core Team

AN
Akshat Nayyar Co-Founder
DK
Dr. Kunal Wani Co-Founder

Board Members/Directors

AA
Akshat Ashok NayyarDirector
KN
Kunal Nalin WaniDirector
Truemeds Documents

AY - 2018-19

Profit and Loss statement - Truemeds - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Truemeds for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Truemeds - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Truemeds for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Truemeds - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Truemeds for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Truemeds - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Truemeds for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Truemeds - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Truemeds for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Truemeds - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Truemeds for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Truemeds - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Truemeds for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Truemeds - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Truemeds for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Truemeds - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Truemeds for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Truemeds - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Truemeds for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Truemeds - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Truemeds for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Truemeds - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Truemeds for FY 2023-24
₹249.00 ₹498.00

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