Archive · 11 Nov 2025
Medikabazaar Targets ₹2,200 Crore Revenue in Current Fiscal Year
Imagine a company that sells medical supplies and equipment to hospitals.
This company, Medikabazaar, had a tough time last year but is now doing much better.
They expect to make a lot more money this year, over 2,000 crore rupees!
They are working on new projects like creating their own brands for supplies, helping smaller city hospitals buy things directly without extra costs, and making their online store even better.
They have a big team and many warehouses to reach almost all of India.
They are also planning to sell more things to other countries.
Even though there have been some disagreements with people who invested in the company, they are talking to fix things and are even looking for more money to grow.
Medikabazaar aims for a ₹2,200 crore topline and ₹20-25 crore EBITDA this fiscal year, a significant increase from ₹580 crore in the September quarter.
The company has launched new initiatives including the MB+ brand for consumables and a business vertical called Medika Business Solutions for tier-II and -III cities.
Medikabazaar's online platform serves nearly one million customers monthly and is projected to reach a run rate of over ₹250 crore by March.
The company has a nationwide offline presence covering 90% of India with 14 warehouses and plans to expand internationally into the African market.
Discussions are ongoing to resolve issues with investors, and the company plans to raise fresh funds through a rights issue.
- Who
- Medikabazaar, an omnichannel medtech company
- What
- Targets ₹2,200 crore revenue in the current fiscal with a focus on expansion into new businesses, launching in-house brands, and enhancing its online platform.
- When
- Current fiscal year, with specific targets for March.
- Where
- India (nationwide network covering 90% of the country), Dubai, China, and Nairobi (for the African market).
- Why
- To achieve a turnaround from last fiscal's net loss and tap into new markets more aggressively by removing middlemen and providing competitive pricing.
- Target Revenue (Current Fiscal)
- ₹2,200 crore
- Target EBITDA
- ₹20-25 crore
- Revenue (September Quarter)
- ₹580 crore
- New Brand Launched
- MB+
- Target Revenue from MB+
- ₹100 crore (annual recurring revenue by March)
- New Business Vertical
- Medika Business Solutions
- Online Platform Customer Reach
- Almost 1 million per month
- Number of Employees
- Approx. 450