# Medwell Ventures Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/medwell-ventures-pvt

- Industry: Healthcare
- Headquarters: Bangalore, India
- Website: www.medwellventures.com
- Total disclosed funding: $34M
- Latest round: Series B (Mar 31, 2017)
- Investors on record: 5

## About

Medwell Ventures Pvt. Ltd. is dedicated to enhancing healthcare delivery through innovative digital health solutions that streamline operations and improve patient outcomes.Founded in 2014 in Bangalore, India, Medwell Ventures Pvt. Ltd. focuses on digital health technologies. The company has completed 5 deals, with the most recent funding round in February 2022 raising INR 51.93 mn. Medwell has a current valuation of INR 2885.574 mn, although there are no records of any mergers or acquisitions. The founder's history and previous ventures are not documented.Medwell Ventures specializes in providing innovative healthcare solutions aimed at enhancing patient care and streamlining medical operations. Their core offerings encompass a range of digital health technologies and services designed to facilitate remote patient monitoring, telehealth consultations, and data analytics for healthcare providers. These products are tailored to address critical challenges in patient management, aiming to improve health outcomes while reducing operational inefficiencies. Medwell Ventures serves a diverse client base, including hospitals, clinics, and healthcare practitioners, primarily focusing on markets across North America and Europe. The end users of their solutions include patients requiring ongoing health monitoring, as well as healthcare professionals who benefit from enhanced data access and patient engagement tools.In 2023, Medwell Ventures generated revenue of INR 8,748,506.90 with an EBITDA of INR -301,890.50. The company generates revenue through a combination of subscription models and partnerships with healthcare institutions, typically involving direct contracts with healthcare providers who utilize Medwell's digital platforms to enhance patient services. Various pricing plans are structured to accommodate different client needs, reflecting the scale of implementation and specific features selected. Key offerings include comprehensive data analytics and remote monitoring capabilities, enabling healthcare providers to optimize care delivery while ensuring continuous support and updates for their technology solutions.Medwell Ventures plans to leverage its recent funding of INR 51.93 mn, raised in February 2022, to enhance its product offerings and expand into new markets. The company is designing new features for its digital health platforms, targeting a launch date in the next 12 months. Additionally, it aims to enter the Asia-Pacific region while continuing its presence in North America and Europe, with an expected timeline for this expansion within the next 2 years. The funding will support product development and market entrance initiatives.

## Funding rounds

- Series B, Mar 31, 2017, $25M — Eight Roads Ventures, F-Prime Capital, Mahindra Partners, Bennett Coleman & Co., Jacesa Investments
- Series A, May 27, 2015, $8.8M — Eight Roads Ventures, F-Prime Capital

## Investors

- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series A, Series B
- F-Prime Capital (https://capitalatlas.ai/funds/f-prime-capital) — Series A, Series B
- Mahindra Partners (https://capitalatlas.ai/funds/mahindra-partners) — Series B
- Bennett Coleman & Co. — Series B
- Jacesa Investments — Series B