Founder · Truemeds

Akshat Nayyar

Co-founder of Truemeds, a healthcare company based in Mumbai.

Co-founderMumbaiHealthcare
Founded
2019
Mumbai, India
Raised to date
$85M
1 round on record
Latest round
Series C
$85M · Aug 2025

About

Akshat Nayyar is Co-founder of Truemeds, a healthcare company based in Mumbai, founded in 2019. Truemeds's most recent disclosed round was a funding round of $85M in Aug 2025.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2019
Truemeds
Healthcare · Mumbai

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.

Funding
Aug 2025Series C$85MAccel, Peak XV Partners, Info Edge Ventures, WestBridge Capital
Company profile →1 round on record

Journey with Truemeds

2 milestones
  1. Oct 2024Milestone

    Enters advanced talks with Accel on a round at a proposed valuation of around $330 million, amid consolidation across India's online pharmacy sector.

  2. Aug 2026Milestone

    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.

Also building Truemeds

Coverage

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