Strengthens its path toward making high-quality healthcare accessible to a billion people
MediBuddy announced significant progress towards EBITDA neutrality, reaching break-even with a marginal loss as it closed the previous fiscal year (FY 23-24).
MediBuddy’s user base has witnessed an impressive growth of 2.4X over the last three years, serving close to three crore Indians with over one crore subscribers. The company’s focus is now on exploring M&A opportunities in key healthcare areas such as chronic disease management, mental health, diabetes, women’s care, and weight management, backed by an $18 million capital pool dedicated to these investments.
Satish Kannan, Co-founder and CEO, MediBuddy said, “MediBuddy is leading a healthcare revolution in India by prioritising customer-centric, technology-driven solutions.”
