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INTELLIHEALTH SOLUTIONS PRIVATE LIMITED

Truemeds

U85320MH2019PTC320566

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Feb 13, 2025
Key Metrics
  • No. of Employees108
  • Founded Year 2019
  • Company StagePrivate Limited Company
  • Total Funding₹207.94 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 B
Total Funding Raised₹207.94 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors4
Investors
  • Info Edge Ventures, WestBridge, Asha Impact, Indian Angel Network
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

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

Board Members/Directors

KN
Kunal Nalin WaniDirector
AA
Akshat Ashok NayyarDirector
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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