Key Metrics
  • No. of Employees150
  • Founded Year 2014
  • Company StagePrivate Limited Company
  • Total Funding₹40 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Medkart
Medkart.in was founded with a purpose of helping people who buy medicines regularly by providing them access to genuine generic medicines at discounted prices. The guiding light behind online ordering of medicines comes from the fact that a good number of medicines are not available beyond the major cities. More so if the generic option is in consideration. Hence, reaching every nook and corner of the India with the best possible options is the goal of Medkart.in. The project envisaged by the government to ensure only generic names are written on prescription can only be completed if the patient knows the options available for the given generic. This can be easily tackled with the advent of smartphone and the customized app free for everyone to use.
Business Model

Medkart is an Ahmedabad-based chain which offers generic versions of the drugs thereby making medicines affordable for the people. It also ensures door-step delivery based on the value of the orders.

Top Competitors
T1
Tata 1mgU74140DL2015PTC279229
PH
PharmeasyU74999MH2014PTC259739
NE
NetmedsU01100MH1999PLC120563
SA
SastasundarU15411WB2011PLC160195
Medkart Funding Details
Funding Highlights
Latest Funding RoundSeries A
Total Funding Raised₹40 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
  • Insitor Partners, Alkemi Partners
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
Medkart Financial Details
Financial Highlights
FY 2022-23 Revenue₹35.88 Cr
FY 2022-23 Expenses₹42.22 Cr
FY 2022-23 Profit/Loss-₹5.22 Cr
Net Cash Flow From Operations-₹7.79 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
Medkart Key People
People Metrics
Current Core Team1
Board Members/Directors3

Core Team

AA
Ankur Agarwal Founder

Board Members/Directors

AA
Ankur AgarwalDirector
PH
Parthiv Hareshbhai ShahDirector
PN
Parasharan Narasimha ChariDirector
Medkart Documents

AY - 2019-20

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

AY - 2020-21

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

AY - 2021-22

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

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