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 Series C 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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Quick answers

Who is Akshat Nayyar?

Akshat Nayyar is a Co-founder of Truemeds, a healthcare company based in Mumbai, founded in 2019.

Who founded Truemeds?

Truemeds's founders and leadership on record at StartupFox are Akshat Nayyar and Kunal Wani.

How much funding has Truemeds raised?

Truemeds has raised $85M across 1 disclosed round on record. The latest was a Series C of $85M in Aug 2025, with Accel, Peak XV Partners, Info Edge Ventures.

Where is Truemeds based?

Truemeds is headquartered in Mumbai, India.

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Sources & updates

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