Truemeds

📍 MUMBAI, India🗓 Founded 2019👥 705 employees💰 Last funded Jun 2021
Pharmaceutical Manufacturing🌐 truemeds.in
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Burden of medicine bills is a leading cause of financial worry among Indian consumers ● 70% of healthcare spend in India is on Medicines ● 15-20% of family income of chronic patients is spent on medicines ● 63 million people in India plunge into poverty annually due to healthcare costs Our 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. 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 up to 51% savings for customers! We have grown at a phenomenal pace with customer love – 60X growth delivered in last 20 months. Headquartered in Mumbai, we are excited to build a strong product and operations team, which is passionate to build innovative solutions and willing to go the extra mile to ensure the customer has the best experience.
3
Total investors
3
Early stage
0
Mid stage
0
Late stage
2019
Founded

Investors

3 investors
All
Early stage
Mid stage
Late stage
Investor geography2 countries
India
2
United Kingdom
1
Investor activity2020–2021 · investors recorded per year
2020120212
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Truemeds?
Truemeds has 3 investors on record on gritt.io, including 3 early-stage backers.
When did Truemeds last raise funding?
The most recent investment in Truemeds recorded on gritt.io was in June 2021.
When was Truemeds founded?
Truemeds was founded in 2019.
What industry is Truemeds in?
Truemeds operates in Pharmaceutical Manufacturing. Find similar Pharmaceutical Manufacturing investors on gritt.io.
Where is Truemeds based?
Truemeds is headquartered in MUMBAI, India.