Manipal Education and Medical Group (MEMG)
Overview
Manipal Education and Medical Group (MEMG) is a large Indian conglomerate with activities in education, healthcare, and research. Through its MEMG Family Office, led by chairman Dr. Ranjan Pai, it operates as a venture capital investor. The family office, founded in 2016, has a sector-agnostic approach, with investments in fields like healthtech, e-commerce, edtech, and real estate. MEMG also co-managed a venture fund, MEMG CDC Ventures, with British International Investment (formerly CDC Group), which focused on healthcare services in Africa and South Asia.
Portfolio Companies
3
Website
manipal.eduInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| PharmEasy | Feb 2018 | Series C | Co-investor |
| Blackfrog Technologies | Jul 2025 | Pre Seed | Co-investor |
| Meolaa | Oct 2023 | Seed | Lead |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Manipal Education and Medical Group (MEMG) based?
Manipal Education and Medical Group (MEMG) is headquartered in Bangalore, Karnataka, India.
When was Manipal Education and Medical Group (MEMG) founded?
Founding year information for Manipal Education and Medical Group (MEMG) is not publicly available.
How many portfolio companies does Manipal Education and Medical Group (MEMG) have?
Manipal Education and Medical Group (MEMG) has 3 portfolio companies in Caplight's dataset.
What are some companies in Manipal Education and Medical Group (MEMG)'s portfolio?
Portfolio companies visible on Caplight include PharmEasy, Blackfrog Technologies, Meolaa.
What was Manipal Education and Medical Group (MEMG)'s most recent investment shown here?
Manipal Education and Medical Group (MEMG)'s most recent investment in this portfolio sample was in Blackfrog Technologies in 2025.
What sectors does Manipal Education and Medical Group (MEMG) focus on?
Manipal Education and Medical Group (MEMG) focuses on Consumer & Commerce, Healthcare & Life Sciences, Healthcare & Life Sciences, Consumer & Commerce, Frontier & Industrial Tech.
What company stages does Manipal Education and Medical Group (MEMG) focus on?
Manipal Education and Medical Group (MEMG) typically invests at the Early stage.