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Mfine

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Health-tech startup developing an AI-powered telemedicine mobile app

Bengaluru, IndiaFounded 2017Health Tech & Medtech
Valuation $100–500M Latest valuation · 2021
Headcount 500–1k Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Mfine and the history behind them.

About Mfine

MFine is a digital healthcare platform that provides online medical consultations and home lab tests. It serves a wide range of clients, including individuals seeking medical advice, diagnostic tests, and full health check-ups from the comfort of their homes. Operating in the telemedicine market, MFine connects users with highly qualified, specialized doctors around the clock. The business model is based on offering instant live chats with doctors and home-based lab services, which saves users time and money. MFine generates revenue through consultation fees and diagnostic test charges. The platform also has partnerships with top hospitals to ensure quality medical care.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2017
Headquarters
Bengaluru, India
Employees
547
Open positions
None listed
Dealroom signal
77.5/100
Industry
Health
Sub-industry
Health Platform
Sector
Health Tech & Medtech, Telemedicine, Core AI, Virtual Assistant, Hospital, Wearable, Tech for Patients, Physician Support Tools
Technology
Artificial Intelligence, Machine Learning, Connected Device
Business model
SaaS
Client focus
b2c
Investment activity
1 company, latest Jul 2022
Capital deployed
Preferred round
MERGER

Latest news

Press, funding announcements and product moves mentioning Mfine.

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Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
MERGEROther financing Jul 2022 $0 LifeCell International
SERIES COther financing Sep 2021 $34M $135M Y S Capital · SeaBright Insurance · SBI Investment · Beenext
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

Mfine website traffic

Latest recorded traffic for Mfine is 170K monthly website visits, up 0% over the last three months. Mfine's team grew 3.4% over the past year.

Latest monthly visits170K 3-month web change0% 1-year team growth+3.4%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

14 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A10 investors entered at this stage

  • Stellaris Venture Partners
  • Mayur Abhaya
  • Rohit MA
  • Prime Venture Partners
  • SBI Ven Capital
  • SBI Investment
  • Beenext
  • CareTech
  • Alteria Capital
  • Blockchain Capital

Series B and later3 investors entered at this stage

  • Y S Capital
  • SeaBright Insurance
  • Heritas Capital Management

Other known investors1 additional known investor

  • LifeCell International
Team profiled 18 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇮🇳 India95.9%
🇬🇧 United Kingdom1.1%
🇫🇷 France0.7%
🇦🇪 United Arab Emirates0.4%
🇹🇷 Turkey0.4%
Top 5 of 8 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Mfine on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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