Startup Atlas · Healthcare
MedPlus Listed
Gangadi Madhukar Reddy · Founder, Managing Director & CEO
$216.25 MnTotal funding (tracked)
7Funding rounds
23 Dec 2021Last round
28,000Team size (sourced)
MedPlus: Funding Rounds
Disclosed round amounts over time, USD millions.
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 23 Dec 2021 | IPO | ₹600 Cr fresh issue | source | |
| 2021 ~ | Private Equity | ₹6.56 Bn (~24.58% stake, primary + secondary) | Lavender Rose | source |
| 2021 ~ | Series C2 | ₹222.10 Mn (Series C2 CCPS) | PI Opportunities Fund - I | source |
| 2019 ~ | Private Equity | Undisclosed | PI Opportunities Fund - I | source |
| 10 Nov 2014 | Private Equity | ₹12.23 Cr (12,233,118 redeemable preference shares @ ₹10 face value) | Indiaventure Trust – Fund I Indiaventure Trust – Fund II M V Satyanarayana Raju Merlin Holdings Private Limited TVS Shriram Growth Fund I | source |
| 4 Mar 2011 | Private Equity | ₹60 Cr (16,173 equity shares @ ₹37,098.18/share) | TVS Shriram Growth Fund I | source |
| 2007 ~ | Series B | ₹800M + ₹226.33M + $5M (~$29.8M combined) | Kalaari Capital Peepul Capital Pharmaceutica Ventures Limited | source |
MedPlus: Investors
Lavender Rose PI Opportunities Fund - I Indiaventure Trust – Fund I Indiaventure Trust – Fund II M V Satyanarayana Raju Merlin Holdings Private Limited TVS Shriram Growth Fund I Kalaari Capital Peepul Capital Pharmaceutica Ventures Limited
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 25 Sep 2019 | MedPlus | Kalyani Meditimes Private Limited | $71K | source |
| 14 Aug 2018 | MedPlus | Ritemed | Undisclosed | source |
| 20 Sep 2014 | MedPlus | Shri Banashankari Pharma Private Limited | $18K | source |
| 15 Sep 2014 | MedPlus | Sidson Pharma Distributors Private Limited | $83.6K | source |
| 5 Jan 2012 | MedPlus | Deccan Medisales Private Limited | $58K | source |
FAQs on MedPlus
How much funding has MedPlus raised?
MedPlus has raised $216.25 Mn across 7 tracked funding round(s), most recently on 2021-12-23. Figures are compiled from cited public sources.
Who are the investors in MedPlus?
Investors in MedPlus include Lavender Rose, PI Opportunities Fund - I.
Sources & corrections.
Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: www.medplusindia.com www.bseindia.com · Last verified 24 Aug 2026. · Report a correction