Truemeds funding, investors and company details

Truemeds is an emerging Pharmaceutical startup from Mumbai, working in the space of A tele-health and e-pharmacy startup focused on making medicines more affordable and accessible across India. Founded by Naitik Nayyar, Akshat Wani.

Company: Intellihealth Solutions Private Limited
Sector: Pharmaceutical
Location: Mumbai
Founders: Naitik Nayyar, Akshat Wani

Company overview

Truemeds is a tele-health and e-pharmacy startup founded in 2019, focused on making medicines more affordable and accessible across India. Its key offering lies in recommending branded substitutes and generic alternatives with the same active ingredients, dosage, and strength helping chronic patients save up to 51% on monthly medical expenses. Truemeds identifies cost-effective options while ensuring safety and efficacy using a proprietary algorithm. The platform also provides free doctor consultations and pharmacist support to help useverify prescriptions and make informed choices. With a catalog of over 1.8 lakh medicine products sourced from top Indian pharmaceutical manufacturers, Truemeds guarantees quality and reliability. It currently serves more than 19,000 pincodes, reaching a wide network of cities and towns. Its vision is captured in the tagline “Naam ki Nahi, Kaam ki Medicine,” emphasizing performance and value over brand names.

Funding rounds

Latest round: $ 85.00 Mn (₹749.45 Cr.), 2025-08-11. Investors: Peak XV Partners, Accel, WestBridge Capital, Infoedge Ventures
Past round (Series B): $ 22.00 Mn (₹168.34 Cr.), 2022-04-26. Investors: WestBridge Capital