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Meddo
Meddo is an end-to-end medical services provider
About Meddo
Meddo is a health-tech company operating in India, founded in 2018 by Saurabh Kochhar and Dr. Naveen Nishchal. The company aims to organize the fragmented outpatient services market by creating a network of standardized, full-service medical centers.
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The founding team combines deep expertise from both the technology and healthcare sectors. Saurabh Kochhar is a serial entrepreneur who previously co-founded and served as CEO of Foodpanda India, and also founded Printvenue.com. His background includes a Bachelor's degree from IIT-Roorkee, an MBA from IIM-Calcutta, and early career experience at McKinsey & Company and Oracle. Dr. Naveen Nishchal founded Cygnus Hospitals before co-founding Meddo, bringing extensive medical and hospital administration experience to the venture. This collaboration was born from the idea of merging digital innovation with healthcare service delivery to simplify the patient journey.
Meddo's business model centers on partnering with existing standalone outpatient clinics and transforming them into Meddo-branded, full-service health centers. It equips these clinics with a technology suite that includes Electronic Medical Records (EMR) for digitizing patient histories, diagnostic support, and medicine delivery services. This approach creates a one-stop-shop for patients, offering doctor consultations, diagnostic tests, and medicine access under a single roof. Revenue is generated through a revenue-sharing model with its partner clinics.
The company serves patients across a wide demographic in Tier 1, 2, and 3 cities in India, having established a presence in locations like Delhi NCR, Jaipur, and Chandigarh. Meddo has expanded to include over 400 doctors and has rebranded more than 250 clinics. To enhance patient access and affordability, Meddo launched "MeddoSure," a subscription-based membership plan that provides unlimited consultations (both online and in-clinic) and discounts on other services like diagnostics and medicine. The company has secured approximately $12 million in funding across several rounds, with investors including SRI Capital, Picus Capital, and Alkemi Capital.
At a glance
- Founded
- 2018
- Headquarters
- Gurugram, India
- Sector
- Health Tech & Medtech
Latest news
Press, funding announcements and product moves mentioning Meddo.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed5 investors entered at this stage
- SCSRI Capital
Jitendra Gupta
LetsVenture
Venture Gurukool
Picus Capital
Series A1 investor entered at this stage
Alkemi Growth Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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