Healthmug is an online healthcare and wellness retail startup based in India that sells medicines, AYUSH products and health products to consumers.
This is a short Startup Deep Dive profile of Healthmug. It includes only information that could be found in publicly available sources, and it will be expanded when more verified details are published. It is educational and not investment advice. Last updated: October 2026.
Healthmug Quick Facts
| Company | Healthmug |
| Founded | Not disclosed |
| Headquarters | Not disclosed |
| Founders | Anubhav Bansal, Dr Mohit Agarwal |
| Sector | Online pharmacy, wellness e-commerce |
| Total funding | Described as bootstrapped; no institutional round found |
| Valuation | Rs 500 crore (company-stated) |
| Website | Not disclosed |
“Not disclosed” means no reliable public figure was found. Figures marked “reported” may differ between sources.
What Is Publicly Known About Healthmug
- Healthmug runs an online portal listing 1,00,000+ healthcare and wellness products (company-stated).
- The platform covers AYUSH medicines, which the founders saw as poorly available online.
- The founders said they saw a growing market opportunity and a lack of online presence and availability of AYUSH medicines.
- Sources differ on the start year: reports differ, 2015 versus 2016.
- A profile lists the company's stage as bootstrapped (reported); no investor rounds were found.
Why Information on Healthmug Is Limited
Early-stage and privately held companies are often not required to publish financial statements, and many do not announce funding, customers or product milestones. Names can also be shared by several organisations, which makes it hard to match reports to the right company. Readers who want to assess Healthmug should check the company’s own announcements and its filings with the Registrar of Companies.
- Check the basics: company registration, founders, product status and customers.
- Check the money: funding announcements and audited financial statements.
- Check progress: demonstrations, approvals and signed contracts.
Healthmug FAQs: Frequently Asked Questions
What is Healthmug?
Healthmug is an online healthcare and wellness retail startup based in India that sells medicines, AYUSH products and health products to consumers. This short profile includes only verified public information.
Who founded Healthmug?
Healthmug is reported to have been founded by Anubhav Bansal, Dr Mohit Agarwal.
How much funding has Healthmug raised?
Described as bootstrapped; no institutional round found. Funding figures are reported and may differ between sources.
Related Startup Deep Dives: Credihealth — Credihealth: free patient platform paid by 630+ hospitals | Elena Geo Systems — short profile of what is publicly known. Browse the full Startup Deep Dive series.
Source
Source: Publicly available data, published reports, industry research, and other credible sources.
