HealthTech Subscription Company Investment Opportunity in Gurgaon, India

AI and Web3-driven healthtech startup delivering 24/7 primary healthcare services- doctor consultations, medicines, lab tests, and insurance in just 30 minutes through our own and partnered stores supported by MBBS doctors via call centers. Embedded deeply at the grassroots level through partnerships with over 5.5 lakh CSCs and 12 lakh ASHA workers across India for customer and subscription acquisition.
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Some highlights of past 2 quarters: :
1. Total Consultation Till Date: 11311.
2. Medicines orders till date: 59453.
3. Active subscribers: 694.
4. Inactive subscriber: 460.
4. Total Application downloads: 87000+
5. Avg Footfall per store: Top 10% stores - 75.
6. Avg Medicines delivery time: 20 minutes.
7. Avg Consultation Time: 3 minutes.
8. Avg doctor on call within 5 seconds: 95%. . (Assumption based)
8. Average Discount: 22%
9. Repeat Customer rate: 20%
10. On time delivery Rate: (As per data_98%. . . Wrong) Assumption 90%+
10. AOV Online: 600.
11. Overall AOV: 350.
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Annual highlights: :
12. FY-25: 28.7 Cr.
13. Fy-25 (Walk in Rev) - 6.8 Cr.
14. FY25 (Online) - 3.2 Cr.
13. Fy 26 (Q1): 7.06 Cr.
14. FY 26 (Q1) EBITDA: -22.83%
15. FY 26 (Q1) PAT: - 16.9%
14. Online revenue Fy26- 1.46 Cr.
15. Offline sale FY26 Q1- 1.67 Cr.
14. FY 25: EBITDA- 2 Cr (7.1%)
15. FY 25: PAT-1.5 Cr (5.26%)
16. FY 25: ROE-
17. FY25: ROCE-
18. Network coverage: 33 cities / States 12.
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Launched India’s first omnichannel healthcare mall (Medino’s), led by healthcare veterans with over a decade of experience across hospitals, medical colleges, diagnostics, pharmacies, e-commerce, software, e-clinics, telehealth, insurance, fintech, and rural healthcare. The founder has previously built 9 hospitals on a turnkey basis before starting this venture 4 years ago. Offerings include corporate wellness and subscription-based healthcare services. For the first time in India, people can access round-the-clock healthcare services virtual and in-person covering consultation, treatment, medicines, lab tests, and aftercare at an affordable subscription of INR 365 annually. Subscribers can access state-of-the-art healthcare malls offering 24/7 pharmacy, clinic, lab, dental, eye clinic, and a health café with 20,000+ SKUs spanning wellness, organic, surgical, and grooming products under one roof. Through this subscription, members unlock benefits across global and regional hospitals, clinics, pharmacies, fitness centers, homecare, and diagnostics, with BNPL facilities of INR 5,000–25,000 on purchases and up to INR 1 lakh for hospitalization. Online live video consultations with specialists, mental health counselors, and fitness coaches are available 24/7, with medicines and products delivered via healthcare malls or partner pharmacies. Debt-free business model with no loans. Targeting 30% of India’s population across 761 districts, followed by expansion into Africa (54 countries), the Middle East, and KSA. Subscribers pay INR 1/day to access unlimited consultations, up to 80% discounted medicines, and diagnostic services through online platforms or dark stores located every 3–5 km. Planned rollout of 10,000 dark stores nationwide, with 14 stores per district and 5,000 subscribers per store, enabling assured subscription revenues. This equates to 10,000 stores x 5,000 subscribers x 365 days = INR 1,825 crore (USD 238 million) annually from subscription revenue alone. Projected 5 crore subscribers, just 3% of India’s population, generating INR 1,825 crore annually from subscriptions, in addition to revenues from product sales and franchise revenue-sharing.