Startup Atlas · E-pharmacy

Truemeds

Intellihealth Solutions Private Limited ● Mumbai, Maharashtra ● Founded 2019 ● truemeds.in ↗
Akshat Nayyar · Co-founder Kunal Wani · Co-founder
$112.5 MnTotal funding (tracked)
4Funding rounds
10 Aug 2025Last round
2,800Team size (sourced)

Truemeds: Financial Breakdown

Figures below are FY2024, standalone basis, compiled from filings and disclosures — every year cited to its source.

Rs 315 croreTotal revenue · +104.5% YoY
Rs 386 croreTotal expenses
Rs 61 crore lossNet loss · loss narrowed 9% YoY

Revenue by fiscal year

010203040$MRs 154 crore: $19.2M19FY2023Rs 315 crore: $38M38FY2024

Net profit / loss by fiscal year

-10-8-6-4-20$MRs 67 crore loss: $-8.3M-8.3FY2023Rs 61 crore loss: $-7.4M-7.4FY2024

Bars below the line are a net loss for that year.

Fiscal year Revenue Total expenses EBITDA Net profit / loss Source
FY2024 Rs 315 crore Rs 386 crore — Rs 61 crore loss source
FY2023 Rs 154 crore Rs 221 crore — Rs 67 crore loss source

Nothing here is blurred or gated — every figure Atlas has is shown in full, free.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: techcrunch.com · Last verified 23 Oct 2026. · Report a correction