MyMedicare
MyMedicare is a Hyderabad-based digital-health membership platform that issues a QR-coded health card and partners Indian hospitals, clinics, pharmacies, and diagnostic centers to provide subscribers with discounted healthcare, electronic health records, and cashback across subscription tiers ranging from ₹99 to ₹499 per month.
- Company typePrivate
- Founded2013
- HeadquartersHyderabad, India
- Headcount—
- GTM typeB2C
- OfferingSoftware
What MyMedicare does
MyMedicare is a Hyderabad-based (Telangana, India) private health-technology company, formally registered in 2016 and building on conceptual work dating back to 2010–2013. It operates a two-sided digital healthcare membership platform: individual consumers subscribe to tiered plans (Basic ₹99/month, Advanced ₹199/month, Premium ₹499/month, plus multi-month contracts with up to 25% discounts), and in return receive a QR-coded MyMedicare health card, an electronic health record (eHR) vault, health-check-up reminders, location-based partner search, and access to a partner network offering discounted consultations, diagnostics, pharmacy purchases, and up to 20% cashback (capped at ₹250/month). The technical platform consists of Android and iOS mobile applications, a website at mymedicare.in, and a digital healthcare wallet; underlying infrastructure is hosted on Google Cloud, and integrations are limited to OAuth-based social sign-in (Google, Facebook, X) rather than APIs/SDKs for third parties.
On the supply side, MyMedicare enrolls healthcare providers — hospitals, doctors, clinics, pharmacies, and diagnostic centers — through a direct-sales motion with on-site verification, plus distribution of QR-code stickers and starter packs. Revenue mechanics blend subscription recurring fees, transaction-linked cashback economics (where MyMedicare benefits from increased partner volume), and marketplace-style participation by provider partners. The company also maintains a US legal entity in Wilmington, Delaware (MyMedicare Inc.), holds an ISO 9001:2015 certification (2018), and displays HIPAA and ISO 27001 certification badges in its website footer.
The business is bootstrapped with no disclosed funding rounds, a small operating team of roughly a dozen named leaders and advisors, and a customer/partner footprint that remains concentrated in the Telangana region of India, with no disclosed active US operations despite the Delaware incorporation.
MyMedicare firmographics
Firmographics- Name
- MyMedicare
- Legal name
- MyMedicare Inc.
- Website
- https://mymedicare.in
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Short description
- MyMedicare is a Hyderabad-based digital-health membership platform that issues a QR-coded health card and partners Indian hospitals, clinics, pharmacies, and diagnostic centers to provide subscribers with discounted healthcare, electronic health records, and cashback across subscription tiers ranging from ₹99 to ₹499 per month.
- Ownership category
- akta.pro rank
MyMedicare industry classification
Industry- Product category
- Digital Health Platform
- NAICS
- Ambulatory Health Care Services (621), Other Ambulatory Health Care Services (6219)
- SIC
- Services-Health Services (8000)
- akta.pro primary industry
- Membership/Subscription Concierge Virtual Care (HLALAAAH)
- akta.pro secondary industry
- Healthcare Master Data Management (MDM) & Patient/Provider Identity Data (HLACAIAB)
Keywords
Where MyMedicare is headquartered
LocationHeadquarters
- HQ city
- Hyderabad
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
MyMedicare business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Membership Subscription: Three-tier subscription model (Basic at ₹99/month, Advanced at ₹199/month, Premium at ₹499/month) providing recurring revenue from individual members accessing healthcare services and benefits
- Cashback Redemption on Partner Transactions: Members earn up to 20% cashback on purchases at partner stores; cashback is limited to 50% of order value and capped at ₹250/month per member. Company benefits from increased transaction volume through partner network.
- Healthcare Partner Network Commission: Revenue generated from healthcare provider partnerships including hospitals, pharmacies, diagnostic centers, and clinics that pay to join the network (no joining fee mentioned but transaction-based value)
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Basic plan with profile creation, network access, gamification and promotions |
| Subscription | Monthly | Mid-tier plan with free consultation, physical card, and seasonal benefits |
| Subscription | Monthly | Premium plan with comprehensive benefits including multiple consultations and home services |
| Subscription | Multi-year contract | Multi-month subscription with up to 25% discount on all healthcare services |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels5 records
MyMedicare product offering
Product offeringCore offering
MyMedicare operates a digital health membership platform that provides members with a QR-coded health card, mobile applications for Android and iOS, electronic health records (eHR) management, and access to a network of partner hospitals, pharmacies, and diagnostic centers through tiered monthly subscriptions.
Product overview
MyMedicare is a healthcare technology platform offering a unified health card system with multiple subscription tiers (Basic at 99/month, Advanced at 199/month, and Premium at 499/month). The core offering centers on the MyMedicare Health Card with QR code identification, paired with a mobile application for Android and iOS. Key features include Electronic Health Records (eHR) for digital storage of medical documents, location-based partner search for finding nearby healthcare providers, health check-up reminders, and exclusive discounts at a network of partner hospitals, pharmacies, and diagnostic centers. The platform also includes a cashback wallet system providing up to 20% cashback on purchases at partner stores. MyMedicare targets Indian citizens (using Aadhaar card verification) seeking accessible and affordable healthcare services.
Differentiator
Problem solved
Functional benefit
Products and services
- MyMedicare Health Membership
- MyMedicare Mobile App
- Electronic Health Records (eHR)
Quantifiable outcome
- Up to 20% cashback on partner purchases with ₹250 monthly limit
- +2 more outcomes
Companies that use MyMedicare
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles1 record
MyMedicare technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature4 records
MyMedicare partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- Google CloudcoreGoogle Cloud serves as the infrastructure partner providing cloud hosting and services that enable MyMedicare's digital health platform, mobile applications, and data management capabilities.
- Crown Dental CareminorDental care clinic partner offering exclusive discounts to MyMedicare members for dental services.
- Mother (Mother Care Hospital)minorMaternity and general healthcare hospital partner providing healthcare services to MyMedicare members with member discounts.
- Rays DiagnosticsminorDiagnostic center partner offering laboratory and imaging services with exclusive discounts for MyMedicare members.
- Sri SaiminorHealthcare facility partner providing medical services to MyMedicare members with discounted rates.
- Partner Hospitals NetworkcoreNetwork of premier hospitals across India providing healthcare access to MyMedicare members including emergency services, consultations, and treatments at discounted rates.
- Partner PharmaciescorePharmacy partner network enabling members to purchase medicines with up to 20% cashback and exclusive discounts.
- Partner Diagnostic CenterscoreDiagnostic center partners providing laboratory tests and imaging services with member discounts and cashback benefits.
- Partner ClinicscoreClinic partners offering consultation services and treatments to MyMedicare members at reduced fees.
Scale indicators3 records
Recent moves8 records
Expansion highlights5 records
MyMedicare competitors and assessment
Company assessmentEmerging players
- DocOn: DocOn is an emerging Indian digital health player focused on clinic/PMS and EHR for healthcare providers — a partial overlap with MyMedicare's provider-side onboarding and eHR technology layer.
- HealthKart: HealthKart is an Indian digital wellness and supplements retailer with growing health-services adjacencies; comparable to MyMedicare in its D2C consumer health positioning and subscription-like engagement model.
- MFine: MFine is an Indian on-demand virtual care and digital health platform; while more consultation-led, its membership and partner-hospital model parallels MyMedicare's network and subscription approach.
Direct peers
- Tata 1mg: Tata 1mg is a major Indian digital health platform for pharmacy, diagnostics and consultations with subscription plans and partner network economics — overlapping MyMedicare on the pharmacy discounts, diagnostics and subscription stack.
- Practo: Practo is a leading Indian digital health platform offering online doctor consultations, medicine delivery, and electronic health records — directly competing with MyMedicare's eHR, network and subscription offering to Indian consumers and providers.
- PharmEasy: PharmEasy is an Indian consumer digital health platform focused on pharmacy ordering, diagnostics and healthcare memberships — directly comparable to MyMedicare's partner-pharmacy cashback and diagnostics network.
- MediBuddy: MediBuddy is an Indian digital healthcare platform offering consultations, lab bookings and corporate health benefits — overlapping with MyMedicare's subscription tiers, employer/healthcare partnerships and eHR-mediated care access.
Broad incumbents
- Apollo 24/7: Apollo 24/7 is the digital arm of Apollo Hospitals — a major incumbent with its own hospital network, online pharmacy, consultations and eHR. It competes with MyMedicare at the national level across all the same use cases but with vastly deeper provider assets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
MyMedicare social profiles
Digital presenceMyMedicare compliance and trust
Trust signalCompliance3 records
MyMedicare financial estimates
Financial estimateRevenue estimate
Valuation estimate
MyMedicare leadership team
Management profileNumber of profiles
Profiles2 records
MyMedicare funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MyMedicare M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MyMedicare
What does MyMedicare do?
MyMedicare operates a digital health membership platform that provides members with a QR-coded health card, mobile applications for Android and iOS, electronic health records (eHR) management, and access to a network of partner hospitals, pharmacies, and diagnostic centers through tiered monthly subscriptions.
Is MyMedicare a public or private company?
MyMedicare is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MyMedicare founded?
MyMedicare was founded in 2013.
Where is MyMedicare based?
MyMedicare is headquartered in Hyderabad, India, in the Asia region.
How does MyMedicare make money?
Three revenue lines are on record. Membership Subscription is the primary driver. The others are cashback Redemption on Partner Transactions and healthcare Partner Network Commission.
Who are MyMedicare's main competitors?
Emerging players on record are DocOn, HealthKart and MFine. Direct peers are Tata 1mg, Practo, PharmEasy and MediBuddy. Apollo 24/7 is listed as a broad incumbent.
Does MyMedicare have an API?
No public API is recorded for MyMedicare.
What industry is MyMedicare in?
MyMedicare's product category is Digital Health Platform. Its primary akta.pro industry code is HLALAAAH, Membership/Subscription Concierge Virtual Care, with a secondary code of HLACAIAB, Healthcare Master Data Management (MDM) & Patient/Provider Identity Data. Its NAICS code is 621 and its SIC code is 8000.