Company Intelligence Profile
Medcords Healthcare Solutions Private Limited
Kota-based rural healthtech (Aayu / Sehat Sathi) offering teleconsultation, e-pharmacy and digital health records; Info Edge-backed, ~US$5.4M raised, FY25 revenue ₹92 Lakh.
CIN: U74999RJ2016PTC055981ActiveRoC-Jaipur, Rajasthan
Last updated 17 August 2026
AI OverviewGenerated from public records
Medcords Healthcare Solutions Private Limited is a rural healthtech company based in Kota, India, offering teleconsultation, e-pharmacy, and digital health records via its apps Aayu and Sehat Sathi. The company, backed by Info Edge, has raised approximately US$5.4 million and reported a revenue of ₹92 lakh for FY25, down 67% year-over-year.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Medcords Healthcare Solutions Private Limited |
|---|---|
| CIN | U74999RJ2016PTC055981 |
| PAN | Not available in the public sources reviewed. |
| Status | Active — Private Limited Company (Non-govt, limited by shares) |
| Listing | Unlisted (privately held) |
| Incorporated | 15 September 2016 |
| ROC | RoC-Jaipur, Rajasthan |
| Sector (NIC) |
|
| Registered address |
|
| Authorized capital | ₹40 Lakh. Source: TheCompanyCheck and Tofler (agree). |
| Paid-up capital | ₹23.67 Lakh — conflicts with ₹23.42 Lakh. Reported as partial due to source disagreement. |
Business Overview
- MedCords is a Kota (Rajasthan) based rural healthtech platform operating consumer app "Aayu" (medicine search/delivery, AI-assisted doctor teleconsultation, digital storage of medical records) and "Sehat Sathi" (onboards local pharmacies as digital hubs in ~5 minutes to serve as last-mile patient access points)
- Founded 2016/2017; pivoted from digitising health records to a healthcare marketplace for "Bharat" (Hindi-speaking, tier 2/3 and rural India)
- During COVID-19 it partnered with the Rajasthan Government for 24x7 online consultation and medicine delivery
- Reported scale (Aug 2020): ~2.5M users, ~2M digitised health records, ~5,000 doctors, 7,000+ integrated medical stores across ~13 states
- Source: Inc42, YourStory, PRNewswire, CIOL
Directors & DINs
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Shreyans Mehta | 07496505 | - | 15 Sep 2016 |
| Nikhil Baheti | - | - | 03 Apr 2017 |
| Roshita Jain | - | - | 01 Aug 2025 |
| Hemlata Goswami | 08301632 | - | - |
| Saidanaik/Saida Dhanavath | 07496505 | - | - |
Financials
- Standalone (unlisted; consolidated not applicable/none found)
- FY2025 (year ended 31 Mar 2025): Revenue ₹92.04 Lakh, down ~67% YoY. EBITDA / PAT / net worth: not obtained (paywalled)
- FY2023: operating revenue in the ₹1 Cr–₹100 Cr band; total revenue reportedly +527.58% YoY; net worth reportedly declined ~96.83%; borrowings reduced ~100%; total assets down ~76.9%
- Historical FY2021–FY2024 line items behind paywall — not obtained
- Note: revenue has contracted sharply into FY2025, consistent with a scaled-down operation
Funding & Investors
- Aggregator-sourced (round-level only)
- Total raised ≈ US$5.36M across ~6 rounds from ~32 investors
- Info Edge (India) Ltd invested ~US$377,071
- Seed round reported Jun 2019; a Series A round Mar 2020; latest "Series A-III" ≈ US$0.73M on 1 Oct 2021
- Key investors: Info Edge, WaterBridge Ventures, Astarc Ventures/Group, CIIE (IIM Ahmedabad), and the iStart Rajasthan government programme
- Exact round sizes partly redacted in sources
- Sources: Tracxn (round names), Crunchbase, CB Insights, Inc42, Enablers
Charges / Loans
- None — no charges (loans/mortgages) registered with the RoC
- Source: TheCompanyCheck and Tofler (agree)
Competitors
Practo
large
Tata 1mg
large
PharmEasy/API Holdings
large
MediBuddy–DocsApp
mid-large
Lybrate
mid
NetMeds/Reliance
large
Inc42
Frequently Asked Questions
What does Medcords Healthcare Solutions Private Limited do?
Kota-based rural healthtech (Aayu / Sehat Sathi) offering teleconsultation, e-pharmacy and digital health records; Info Edge-backed, ~US$5.4M raised, FY25 revenue ₹92 Lakh.
What is the CIN of Medcords Healthcare Solutions Private Limited?
The Corporate Identification Number (CIN) of Medcords Healthcare Solutions Private Limited is U74999RJ2016PTC055981.
Where is Medcords Healthcare Solutions Private Limited registered?
Medcords Healthcare Solutions Private Limited is registered with RoC-Jaipur, Rajasthan. Registered address: Plot No. 2, Basant Vihar Main Road, Dadabari Extension, Kota, Rajasthan, India – 324009.
When was Medcords Healthcare Solutions Private Limited incorporated?
Medcords Healthcare Solutions Private Limited was incorporated on 15 September 2016.
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