StageAcquired | Acquired
About Medlife International
Medlife International is an online pharmacy for patients in India. With an intention to offer seamless healthcare services, Medlife has brought doctors, pharmacists, path labs, and consumers onto a single platform. On May 25th, 2021, Medlife International was acquired by PharmEasy. The terms of the transaction were not disclosed.
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Expert Collections containing Medlife International
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Medlife International is included in 4 Expert Collections, including E-Commerce.
Pharma Supply Chain
Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)
Latest Medlife International News
Dec 22, 2022
In 2020 and 2021, teleconsultation has been at its peak. COVID-19 pandemic has brought out the need for integrating all the steps in the clinical pathway digitally. Most individuals can recount consulting their doctor on a phone or using a network or video links like Facetime, WhatsApp, or Zoom at some point. It has been prevalent for a while now and is not a new concept in India. Nevertheless, it is not a sustainable mode of consultation at a scale that India needs, mainly due to the lack of a proper teleconsultation platform and modularity of patients’ data. Here are a list best four health-tech apps- Aayu: Aayu is a health-tech platform founded by Shreyans Mehta, Co-founder which provides teleconsultation services and allows its users to order medicines from nearby medical stores and get them delivered at their doorstep in the quickest time i.e. 2 hours. Also, it lets users store their important medical records like prescriptions and reports, and eliminates the hassle of maintaining easy-to-lose hard copies. One can order medicine by uploading a prescription or by searching the names of the medicines on the app. Aayu app is connected to a hyper-local network of more than 25,000 medical stores across India in states including Rajasthan, Madhya Pradesh, Uttar Pradesh, Bihar, Delhi, Gujarat, Maharashtra, Jharkhand, Punjab, Haryana, Chattisgarh, West Bengal, Assam, Karnataka, Kerala, and Telangana. It gives the users an option to select the nearest and trustworthy medical store from the list available on the app. Navia Life Care- Navia Life Care is a health technology company with a special focus on patient care. They believe in healthcare with simplicity. Their tools enable users to manage their health on their fingertips. Navia Life Care’s mission is to improve the lives of people through innovative products and services. We aim to provide simple tools enabling better management of a person’s health in the most convenient way.Navia Life Care currently serves over 8,000 doctors, and 100 hospitals and clinics thereby providing better care to lakhs of patents. It has key partnerships with leading diagnostic providers and e-pharmacies, and four large pharmaceutical companies in order to serve additional doctors and hospitals. Navia plans to add over 15,000 doctors over the next 6 months. Medlife International: It is an Indian online platform, which provides pharmacy, diagnostics, and e-consultation in India. It was founded in 2014 by Prashant Singh and Tushar Kumar. The company has a central laboratory-based in Bangalore and delivers daily to 29 states. Medlife has brought together doctors, pharmacists, path labs and consumers on a single platform. Medlife has a lot more to offer than just buying medicines online. NetMeds: It is an online pharmacy based in Chennai, India. Netmeds provides online ordering and mail delivery of prescription and non-prescription medications. Netmeds and additional Indian online pharmacies began operation in 2015, Indian consumers had no choice but to travel at times long distances to buy their medications, and to wait in queues at pharmacies to make their purchases. Share this article:
Medlife International Frequently Asked Questions (FAQ)
When was Medlife International founded?
Medlife International was founded in 2014.
Where is Medlife International's headquarters?
Medlife International's headquarters is located at 5th Floor, Vaswani Centropolis, Bengaluru.
What is Medlife International's latest funding round?
Medlife International's latest funding round is Acquired.
How much did Medlife International raise?
Medlife International raised a total of $39.3M.
Who are the investors of Medlife International?
Investors of Medlife International include PharmEasy, Ivy Icon Solutions and Wilson Investment Managers.
Who are Medlife International's competitors?
Competitors of Medlife International include PharmEasy and 2 more.
Compare Medlife International to Competitors
1mg operates an online consumer wellness store. The company's platform provides products for diabetes, bodybuilding supplements, home medical and baby products, elderly care, nutrition, personal care, chronic care, vision care, and skincare. The company was founded in 2015 and is based in Gurgaon, India. In June 2021, Tata Group acquired a majority stake in 1mg. The terms of the transaction were not disclosed.
Practo Technologies is a healthcare services platform that provides a practice management and appointment scheduling software for doctors and clinics, as well as a hospital information management solution - all on a software as a service model. In addition, Practo offers a sponsored listing service for hospitals and clinics.
Apollo 247 is the digital business unit of Apollo Hospitals. Apollo 247 helps individuals get treated from Apollo certified doctors. The mobile app has features like E- consultation, online pharmacy, home diagnostic test and digital vault where users can upload all their medical history.
PharmEasy is a medicine and healthcare provider that operates an India-based online pharmacy & medical store offering pharmaceutical and healthcare products. As a healthcare aggregator, PharmEasy helps patients connect with local pharmacy stores and diagnostic centers in order to fulfill their medical needs.
eVital develops cloud-based applications for independent healthcare practitioners like pharmacists, labs, and doctors. The idea is to have all the applications (Mobile and Web) based on the same cloud-platform, such that patients can access all the records from a single interface.
Netmeds Marketplace is an online pharmacy marketplace that makes a range of prescription medicines and other health products available all across India. On August 18, 2020, Reliance Retail acquired a majority stake of Netmeds Marketplace for $83.2 million.
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