Truemeds
Telehealth platform that makes healthcare accessible to every patient.
| USD | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 37 % | 200 % | 436 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Truemeds is an online pharmacy dedicated to providing authentic and affordable healthcare solutions to the Indian market. The company primarily serves individuals seeking cost-effective alternatives to branded medications. By leveraging an app-based platform, Truemeds allows users to order medicines online with ease and convenience, eliminating the need to wait in line at physical pharmacies. The app also provides information on affordable substitutes for prescribed medicines, ensuring that users can make informed choices about their healthcare. Truemeds sources its medicines from the top 1% of pharmaceutical manufacturers in the country, guaranteeing quality and reliability. The business model revolves around offering these affordable alternatives, which helps the company generate revenue through sales. Additionally, Truemeds enhances customer engagement by offering health and fitness tips through a complimentary subscription service. The company operates in the e-pharmacy market, which is rapidly growing in India due to increasing internet penetration and the rising demand for convenient healthcare solutions.
Keywords: online pharmacy, affordable medicine, healthcare solutions, medicine substitutes, app-based platform, Indian market, pharmaceutical manufacturers, quality assurance, e-pharmacy, health tips.