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Truemeds

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Telehealth platform that makes healthcare accessible to every patient

Mumbai, IndiaFounded 2018Health Tech & Medtech
Valuation $250–500M Last recorded · 2025
Revenue $10–50M Latest reported FY
Headcount 1–2k Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Truemeds and the history behind them.

About Truemeds

Truemeds is an online pharmacy dedicated to providing authentic and affordable healthcare solutions to the Indian market. The company primarily serves individuals seeking cost-effective alternatives to branded medications. By leveraging an app-based platform, Truemeds allows users to order medicines online with ease and convenience, eliminating the need to wait in line at physical pharmacies. The app also provides information on affordable substitutes for prescribed medicines, ensuring that users can make informed choices about their healthcare. Truemeds sources its medicines from the top 1% of pharmaceutical manufacturers in the country, guaranteeing quality and reliability. The business model revolves around offering these affordable alternatives, which helps the company generate revenue through sales. Additionally, Truemeds enhances customer engagement by offering health and fitness tips through a complimentary subscription service. The company operates in the e-pharmacy market, which is rapidly growing in India due to increasing internet penetration and the rising demand for convenient healthcare solutions.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Mumbai, India
Employees
1,267
Open positions
54
Dealroom signal
94.1/100
Industry
Health
Sub-industry
Health Platform
Sector
Health Tech & Medtech, Hard Tech
Business model
Marketplace & ecommerce
Client focus
b2c

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SECONDARYOther financing Aug 2025 $0 — Undisclosed ↗
SERIES COther financing Aug 2025 $65M $400M WestBridge Capital · Edge Ventures · Accel · Peak XV Partners ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Truemeds website traffic

Latest recorded traffic for Truemeds is 5.6M monthly website visits, up 12% over the last three months. Truemeds's team grew 25.4% over the past year.

Latest monthly visits5.6M 3-month web change+12% 1-year team growth+25.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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OyamaYour everyday platform to untwine your mind. Our app provides you with anonymous peer-support and personalized evidence-based tools to express and process your thoughts and emotions Helsinki, Finland Operational
HealthCatersProvides world-class technology and medical expertise that empowers employers to minimize health-related loss of productivity by identifying and eliminating health risks earlier Berlin, Germany Operational
UdenzA mobile application that engages dentists and dental patient via complete dental eco system Dubai, United Arab Emirates Operational
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

9 investors on the cap table

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

Seed1 investor entered at this stage

  • IE Venture Fund

Series A4 investors entered at this stage

  • Asha Impact
  • Info Edge Ventures
  • WestBridge Capital
  • IAN Fund

Series B and later4 investors entered at this stage

Team profiled 8 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
4 countries with
team presence
🇮🇳 India98.4%
🇦🇪 United Arab Emirates0.5%
🇦🇺 Australia0.1%
🇰🇼 Kuwait0.1%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Truemeds 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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