Medisaver
Medisaver is an Indian healthcare aggregator that compares medicine, lab test, and consultation prices across 15+ partner brands and offers tiered membership-based cashback to cost-conscious Indian families managing household prescriptions.
- Company typePrivate
- Founded2023
- HeadquartersKota, India
- Headcount1–10
- GTM typeB2C
- OfferingDigital Commerce or Content
What Medisaver does
Medisaver Healthcare Solutions is an Indian digital healthcare aggregator founded in 2023 and headquartered in Kota, Rajasthan. The company operates a self-serve web platform (medisaver.in) that aggregates 15+ partner brands across online pharmacies (PharmEasy, Tata 1mg, Netmeds, Truemeds, Healthkart), diagnostic labs (Healthains Lab, Redcliffe Labs, Thyrocare Labs, PharmEasy Diagnostic), wellness and supplements (Healthify, HyugaLife, HK Vitals, Zanducare, Muscle Blaze), and doctor consultations into a single price-comparison interface. Users browse and compare medicine and test prices, view a smart savings calculator that factors in membership-tier cashback, and are redirected to partner websites to complete the purchase.
The underlying technology is a price-comparison and cashback-aggregation platform with a proprietary MS Cash wallet credited within 24-48 hours of delivery, prescription management for family members, and medicine reminders. The platform is built and operated by technology partner Kriscent Techno Hub Private Limited. The company was co-founded by Rajendra Kumhar, a medical doctor who ran a Rajasthan clinic (CEO), and Kapil Gautam, a Bangalore-based tech builder (CTO).
Medisaver monetizes through two streams: (1) tiered membership subscriptions — Basic, Gold, and Diamond plans for both Single and Family users, priced from ₹29/month to ₹499/year — that unlock escalating cashback percentages (1-15% MS Cash) and brand coverage, and (2) affiliate commissions earned on purchases completed after redirect to partner pharmacy and lab websites. The platform targets cost-conscious Indian families seeking to reduce medicine and diagnostic costs while managing prescriptions for multiple household members. The company claims 1M+ happy families and ₹50Cr+ in cumulative savings on medicines, though no revenue, funding, or third-party-verified user metrics are disclosed.
Medisaver firmographics
Firmographics- Name
- Medisaver
- Legal name
- Medisaver Healthcare Solutions
- Website
- https://medisaver.in
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Medisaver is an Indian healthcare aggregator that compares medicine, lab test, and consultation prices across 15+ partner brands and offers tiered membership-based cashback to cost-conscious Indian families managing household prescriptions.
- Ownership category
- akta.pro rank
Medisaver industry classification
Industry- Product category
- Healthcare Price Comparison
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
- SIC
- Services-Health Services (8000), Services-Prepackaged Software (7372)
- akta.pro primary industry
- Medication Pricing, Copay Assistance & Patient Financial Support Tools (HLACAKAN)
Keywords
Where Medisaver is headquartered
LocationHeadquarters
- HQ city
- Kota
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Medisaver business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Membership Subscriptions: Medisaver generates revenue through tiered membership plans (Basic, Gold, Diamond for Single and Family variants) with monthly (₹29-₹149) and annual (₹199-₹499) billing options. Higher-tier memberships unlock greater cashback percentages (up to 10-15%) and access to more partner brands.
- Affiliate Commissions from Partner Pharmacies: When users are redirected to partner pharmacy websites (Apollo, 1mg, PharmEasy, Netmeds, etc.) and complete purchases, Medisaver earns commissions. The platform facilitates price comparison and ordering but orders are fulfilled by partner pharmacies.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Family Plan - ₹499/year (₹41.58/month equivalent) |
| Subscription | Monthly | Family Plan - ₹149/month |
| Subscription | Monthly | Basic Plan - ₹49/month |
| Subscription | Annual | Single Plan - ₹365/year (₹30.42/month equivalent) |
| Subscription | Monthly | Single Plan - ₹99/month |
| Subscription | Annual | Single Plan - ₹199/year |
| Subscription | Monthly | Single Plan - ₹29/month |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Medisaver product offering
Product offeringCore offering
Medisaver operates a digital healthcare savings platform that aggregates 15+ partner pharmacies, diagnostic labs, and wellness brands, allowing Indian consumers to compare medicine prices and lab test costs in one interface. The platform sells tiered membership subscriptions (Basic, Gold, Diamond for Single and Family plans) that unlock escalating cashback percentages (1-15%) credited to a proprietary MedisaverCash (MS Cash) wallet. Users compare prices, then are redirected to partner websites such as PharmEasy, Tata 1mg, Netmeds, and Truemeds to complete purchases.
Product overview
Medisaver is a healthcare comparison and cashback platform in India that aggregates multiple partner pharmacy and diagnostic brands into a unified interface. The core product consists of a Price Comparison Tool that calculates savings across partner pharmacies based on user membership tiers (Basic, Gold, Diamond), combined with prescription management and medicine reminder features. The platform integrates 15+ partner brands including Truemeds, Netmeds, PharmEasy, Tata 1mg, Healthkart, and various diagnostic labs (Healthains Lab, Redcliffe Labs, Thyrocare Labs), offering cashback savings ranging from 1-10% depending on membership level. The business model includes tiered membership plans (Single and Family) that unlock higher cashback percentages and additional brand coverage, positioning Medisaver as an aggregator rather than a direct seller—users are redirected to partner websites to complete purchases.
Differentiator
Problem solved
Functional benefit
Products and services
- Medisaver Price Comparison Platform Free self-serve digital platform that lets Indian consumers compare medicine, lab test, and consultation prices across 15+ partner pharmacy and diagnostic brands. Users enter MRP, select a partner brand and membership tier, and instantly see original MRP, discounted price, cashback amount, effective percentage savings, and final amount. The platform aggregates partner brands including PharmEasy, Tata 1mg, Netmeds, Truemeds, Healthkart, Healthify, HyugaLife, HK Vitals, Zanducare, Muscle Blaze, Healthains Lab, Redcliffe Labs, Thyrocare Labs, and Pharmeasy Diagnostic.
- Medisaver Membership Plans (Single and Family) Tiered subscription membership sold in Basic, Gold, and Diamond variants for both Single and Family coverage, billed monthly (₹29-₹149) or annually (₹199-₹499). Higher tiers unlock greater MS Cash cashback percentages (up to 10% Single / 15% Family) and access to more partner brands (up to 10 trusted brands in the Family plan). Cashback is credited to the MedisaverCash wallet within 24-48 hours of order delivery and is valid for 12 months.
Quantifiable outcome
- Users have saved over ₹50 crore on medicines
- +2 more outcomes
Companies that use Medisaver
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles2 records
Medisaver technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Medisaver partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and minor.
- Healthains LabcoreDiagnostic lab partner offering up to 65% savings on lab tests. Provides 5% extra MS Cashback for Basic members and higher percentages for Gold/Diamond tiers.
- PharmEasycoreMajor pharmacy partner with up to 24% discount and 3% extra MS Cashback. One of the primary medicine ordering partners on the platform.
- Tata 1mgcoreLeading pharmacy partner offering up to 24% total savings with 21% discount and 3% extra cashback through Medisaver.
- NetmedscorePharmacy partner with up to 27% total savings (24% discount + 3% MS Cash). Coupon code EXTRA12 available for additional savings.
- TruemedscoreQuality medicine retailer offering up to 30% total savings with 26% discount and 4% extra MS Cash for Gold members.
- HealthkartminorHealthcare and wellness products partner with up to 26% savings (25% discount + 1% MS Cash).
- HealthifyminorHealth and wellness brand partner offering up to 45% savings with 8% MS Cash for Gold and 12% for Diamond members.
- HyugaLifeminorHealth supplement partner with up to 53% total savings. Coupon code DHAMAKA8 available.
- HK VitalsminorHealth supplements brand partner with up to 44% savings (30% discount + 4% MS Cash for Basic members).
- ZanducareminorHealthcare brand offering up to 65% savings (60% discount + 15% MS Cash for Diamond members).
- Redcliffe LabsminorDiagnostic lab partner with up to 43% savings. Coupon code WELCOME150 available for ₹150 flat discount.
- Thyrocare LabsminorDiagnostic partner with up to 43% savings and ₹150 flat off coupon (THYRO40).
- Pharmeasy DiagnosticminorDiagnostic services partner offering up to 55% savings (40% discount + 10% coupon + up to 10% MS Cash for Diamond members).
- Muscle BlazeminorFitness and supplements partner with up to 26% savings and coupon code MUSCLE50.
- Kriscent Techno Hub Private LimitedcoreTechnology development partner that powers the Medisaver platform. Parent company responsible for building and maintaining the Medisaver web and app infrastructure.
Scale indicators2 records
Recent moves6 records
Expansion highlights4 records
Medisaver competitors and assessment
Company assessmentDirect peers
- Magicpin: Discovery and cashback platform across offline and online merchants in India. Comparable aggregator-plus-cashback model, though broader in scope.
- EarnKaro: Reseller/affiliate platform in India that lets users earn commissions by sharing deals. Closely comparable affiliate-referral economics to Medisaver.
- CashKaro: India's largest cashback and coupon aggregator. Highly comparable to Medisaver's cashback-on-purchase model across retail categories; Medisaver is essentially a verticalized CashKaro for healthcare and diagnostics.
- GrabOn: Indian coupons and cashback aggregator with affiliate partnerships across e-commerce and consumer brands. Comparable affiliate-referral revenue model.
- GoPaisa: Indian cashback and coupon platform that pays users for purchases at partner merchants. Closely comparable business model to Medisaver's affiliate-driven cashback wallet structure.
Broad incumbents
- GoodRx: US prescription price comparison and savings platform. Closest international analog to Medisaver's healthcare-specific comparison and cashback proposition.
- Netmeds: Reliance-owned online pharmacy with its own discounts and membership program; a Medisaver partner whose in-house savings proposition overlaps with Medisaver's comparison tool.
- PharmEasy: One of India's largest online pharmacies and Medisaver's core partner, but also a potential competitor as it runs its own consumer app with discount and loyalty programs that overlap with Medisaver's offering.
- Truemeds: Online pharmacy focused on affordable generic medicines; a Medisaver partner that competes by offering its own savings, loyalty benefits, and prescription management.
- Tata 1mg: Leading Indian online pharmacy, diagnostics, and teleconsult platform; a Medisaver partner that also competes directly with the aggregation value Medisaver provides.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
Medisaver social profiles
Digital presenceMedisaver compliance and trust
Trust signalCompliance2 records
Medisaver financial estimates
Financial estimateRevenue estimate
Valuation estimate
Medisaver leadership team
Management profileNumber of profiles
Profiles2 records
Medisaver funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Medisaver 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 Medisaver
What does Medisaver do?
Medisaver operates a digital healthcare savings platform that aggregates 15+ partner pharmacies, diagnostic labs, and wellness brands, allowing Indian consumers to compare medicine prices and lab test costs in one interface. The platform sells tiered membership subscriptions (Basic, Gold, Diamond for Single and Family plans) that unlock escalating cashback percentages (1-15%) credited to a proprietary MedisaverCash (MS Cash) wallet. Users compare prices, then are redirected to partner websites such as PharmEasy, Tata 1mg, Netmeds, and Truemeds to complete purchases.
Is Medisaver a public or private company?
Medisaver is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Medisaver founded?
Medisaver was founded in 2023. It employs 1 to 10 people.
Where is Medisaver based?
Medisaver is headquartered in Kota, India, in the Asia region.
How does Medisaver make money?
Two revenue lines are on record. Membership Subscriptions are the primary driver. The others are affiliate Commissions from Partner Pharmacies.
Who are Medisaver's main competitors?
Direct peers on record are Magicpin, EarnKaro, CashKaro, GrabOn and GoPaisa. Broad incumbents are GoodRx, Netmeds, PharmEasy, Truemeds and Tata 1mg.
Does Medisaver have an API?
No public API is recorded for Medisaver.
What industry is Medisaver in?
Medisaver's product category is Healthcare Price Comparison. Its primary akta.pro industry code is HLACAKAN, Medication Pricing, Copay Assistance & Patient Financial Support Tools. Its NAICS code is 524292 and its SIC code is 8000.