City
Epaper

Healthcare platform MediBuddy achieves break-even in FY24

By IANS | Updated: April 17, 2024 10:10 IST

New Delhi, April 17 Digital healthcare platform MediBuddy on Wednesday said it reached break-even with a marginal loss ...

Open in App

New Delhi, April 17 Digital healthcare platform MediBuddy on Wednesday said it reached break-even with a marginal loss as it closed the previous fiscal year (FY23-24), approaching towards EBITDA neutrality.

The company said its user base has witnessed a growth of 2.4 times over the last three years, serving close to 3 crore people with over 1 crore subscribers.

"

The company said its focus is now on exploring mergers and acquisitions (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.

The company has a network of over 90,000 doctors across more than 22 specialities, and over 7,100 hospitals and clinics

MediBuddy said it has also on-boarded over 10,000 hospitals and diagnostic centres for all radiology and pathology investigations.

"We empower doctors through our platform, offering accessible care via video consultations, hospital visits, clinics, pharmacy deliveries, and diagnostic services," said Kannan.

--IANS

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

International21 hours, no breakthrough: Vance leaves for US after deadlock in talks with Iran

PoliticsBJP looking to create religious conflict, should not be given space: DMK's Kanimozhi in Tamil Nadu's Alangulam

PoliticsPM Modi to inaugurate Dehradun-Delhi Expressway on April 14

MaharashtraMaharashtra Weather Update: Heatwave Intensifies; Akola at 42°C, Mumbai to Touch 35°C, MMR 38°C

InternationalWe have not forgotten US breaches: Iran hardens stand amid peace talks

Business Realted Stories

BusinessIndia's marine product exports reach Rs 62,408 crore in 2024-25, exporters urged to work towards Rs 1 lakh crore target

BusinessDelhi BJP chief Virendra Sachdeva welcomes draft EV policy

BusinessIndia turns crisis into opportunity by augmenting strategic petroleum reserve capacities, diversifying imports

BusinessAIDA urges Centre to roll out ethanol-based cooking nationwide to cut reliance on imported LPG

BusinessGovt raises diesel duties, hikes ATF levy with immediate effect