# Metarain Distributors Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/metarain-distributors-private

- Industry: Pharmaceuticals
- Headquarters: Bangalore, India
- Website: www.myramed.in
- Total disclosed funding: $9.5M
- Latest round: Series A (Sep 4, 2018)
- Investors on record: 4

## About

Metarain Distributors Private Limited is an India-based company specializing in healthcare resources and information services, aimed at enhancing patient care and medical understanding through innovative solutions and resources.Founded in 2014 in Bangalore, India, Metarain Distributors Private Limited operates within the healthcare information sector, providing essential resources to healthcare professionals and patients. The company was acquired by Medlife International Private Limited on May 6, 2019, although financial terms of the deal were not disclosed. The organization has engaged in five notable deals since inception, with a recent funding round being a Series A, raising INR 92.501 mn from investors including Dream Incubator, Matrix Partners, and Times Internet Limited, bringing the total amount raised to INR 92.501 mn and currently valuing the company at INR 2168.250 mn.myramed.in offers a range of healthcare resources and information services designed to enhance patient care and medical understanding. Although specific product details are not disclosed, the platform serves a diverse audience of healthcare professionals, patients, and researchers with educational materials, medical guidelines, and healthcare management tools, focusing on improving clinical outcomes. The primary end-users of these services include healthcare practitioners seeking reliable medical information and patients aiming to better understand their conditions, with products accessible to a global audience.In the most recent fiscal year of 2022, Metarain Distributors Private Limited reported a revenue of INR 972,729.60, accompanied by an EBITDA of -INR 778,613.30, indicating the company's financial performance amidst its operational challenges.Metarain Distributors Private Limited has laid out strategic plans for future growth, focusing on the development of new healthcare-related products and services. As part of its expansion strategy, the company intends to penetrate international markets to broaden its reach and influence in the healthcare sector. The funding raised in the Series A round will support these growth initiatives, particularly in developing innovative solutions tailored for healthcare needs. With the acquisition by Medlife International Private Limited, there may be additional opportunities for collaboration and expansion into new regions as the company endeavors to enhance its service offerings.

## Funding rounds

- Series A, Sep 4, 2018, $1.3M — Matrix Partners, Times Internet Limited, Dream Incubator
- Series A, Jan 27, 2018, $1.9M — Matrix Partners, Times Internet Limited, Dream Incubator
- Series A, Jan 27, 2017, $6.3M — Matrix Partners, Times Internet Limited, V1 Capital

## Investors

- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Series A
- Times Internet Limited — Series A
- V1 Capital — Series A
- Dream Incubator (https://capitalatlas.ai/funds/dream-incubator) — Series A