Mumbai-headquartered online pharmacy founded in 2019, helping consumers find lower-cost generic alternatives to prescribed branded medicines. It also sells healthcare devices such as blood pressure monitors and nebulisers, and has raised over $175 million to date.
1StartupFox story
2019Founded
HealthcareSector
Aug 2026Latest coverage
Funding
Truemeds has raised $85M across 1 disclosed round, most recently a Series C in Aug 2025.
$85MRaised
Series CLatest round · Aug 2025
1Event
Chart appears once 2 more funding rounds are recorded — below that a chart shows less than the table does.
Aug 2025Series C$85MAccel, Peak XV Partners, Info Edge Ventures, WestBridge Capital
Investor roster
Every disclosed backer and how often they've written a cheque — repeat names are the strongest conviction signal on the cap table.
New · Latest leadAccel1 round · 2025
Info Edge Ventures1 round · 2025
Peak XV Partners1 round · 2025
WestBridge Capital1 round · 2025
Aggregated automatically from the disclosed rounds above.
Founded in Mumbai by ["Akshat Nayyar", "Kunal Wani"].
Oct 2024 · milestone
Enters advanced talks with Accel on a round at a proposed valuation of around $330 million, amid consolidation across India's online pharmacy sector. ↗
Aug 2025 · funding
Series C — $85M, led by Accel.
Aug 2026 · milestone
Enters advanced talks to acquire e-commerce company DealShare in a share swap, issuing its own shares at an implied valuation of around $600 million. ↗
The rest of Truemeds's profile is free
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Mumbai-headquartered online pharmacy founded in 2019, helping consumers find lower-cost generic alternatives to prescribed branded medicines. It also sells healthcare devices such as blood pressure monitors and nebulisers, and has raised over $175 million to date.
Who founded Truemeds?
Truemeds is associated with ["Akshat Nayyar", "Kunal Wani"].
How much funding has Truemeds raised?
Truemeds has raised $85M across 1 disclosed round. The most recent was a $85M Series C in Aug 2025.
Who are Truemeds's investors?
Disclosed investors in Truemeds include Accel, Peak XV Partners, Info Edge Ventures, WestBridge Capital.
What is the latest news on Truemeds?
The most recent StartupFox coverage is “Truemeds Is Buying DealShare For Roughly What Sits In Its Bank Account” (31 August 2026). All stories are listed on this page.
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