Burden of medicine bills is a leading cause of financial worry among Indian consumers ● 70% of healthcare spend in India is on Medicines ● 15-20% of family income of chronic patients is spent on medicines ● 63 million people in India plunge into poverty annually due to healthcare costs Our vision is to make healthcare affordable and accessible to all. We are a technology driven, tele-health platform that aims to reduce healthcare expenses and improve healthcare outcomes by democratising medicine purchase in India. Truemeds, through its proprietary algorithm and tele-consultation, is able to recommend best value medicines to customers with precise scientific matching and outcomes history leading to 50%+ savings for customers! We have grown at a phenomenal pace with customer love – 60X growth delivered in last 20 months. Headquartered in Mumbai, we are excited to build a strong product and operations team, which is passionate to build innovative solutions and willing to go the extra mile to ensure the customer has the best experience.
Location: India
Employees: 201-500
Total raised: $42.78M
Founded date: 2019
Investors 2
| Date | Name | Website |
| - | Indian Ang... | iangroup.v... |
| - | InfoEdge V... | infoedgeve... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 16.07.2025 | Series C | $20.98M | Peak XV Pa... |
| 24.04.2022 | Series B | $21.8M | - |
Mentions in press and media 7
| Date | Title | Description |
| 16.07.2025 | Healthtech Startup Truemeds Bags $20 Mn From Peak XV | SUMMARY Truemeds has raised fresh INR 174 Cr from Peak XV Partners as part of its Series C round The recent funding round values the company north of $400 Mn This is in addition to Truemeds’ INR 375.2 Cr Series C funding led by Accel India ... |
| 07.04.2025 | Asha Ventures Fund I Receives USD 10 Million Commitment from British International Investment With the latest funding from BII, Asha Ventures Fund I continues to move toward its final close, aiming to... | Asha Ventures, a venture capital firm focused on impact-driven investments in India, has secured a USD10 million commitment from British International Investment (BII), the UK's development finance institution. The funding brings Asha Ventu... |
| 07.04.2025 | Asha Ventures bags $10M from BII to boost impact-focused investments | Asha Ventures on Monday said it secured $10 million in funding from British International Investment (BII), the UK’s development finance institution and impact investor, bringing its debut fund closer to its $91 million target. The purpose-... |
| 23.03.2025 | Vuno invests $2M in Korean rival and more briefs | Photo courtesy of Coreline Soft Vuno invests $2M, sells lung AI in Japan to rival Vuno has invested in and sold its lung disease diagnosis AI technology in Japan to its rival Korean company Coreline Soft. The two companies recently entered ... |
| 06.03.2025 | Truemeds To Raise $44 Mn From Accel India, Others | SUMMARY Mumbai-based healthtech startup Truemeds is raising INR 375.2 Cr ($44 Mn) in a Series C round led by Accel India, which will invest INR 285.41 Cr for a 10% stake in the company WestBridge AIF I will contribute INR 66.68 Cr to streng... |
| 05.02.2025 | Naam Ki Nahi, Kaam Ki Medicine: How Truemeds is Revolutionizing Affordable Healthcare in India | Mumbai, Maharashtra, India In today's world, the power of choice is often seen as a given. We have numerous options for groceries, clothing, and homes-the essentials we call "roti, kapda, makaan." But when it comes to something as... |
| - | Truemeds | “Order medicine online with ease! Fastest online medicine delivery from your trusted online pharmacy - Truemeds. Convenient and reliable services for home medicine delivery near you.” |