About Davaindia
Davaindia is a Healthcare company based in Surat (India) founded in 2017. It operates as a generic medicines, health products, and pharmacy services are offered by Davaindia. It operates in the Healthcare and Consumer sectors. The company has 3,260 employees. Its website davaindia.com draws about 121 thousand monthly visits. Its Indian entity Davaindia Health Mart Limited reported revenue of ₹110 Cr. Davaindia offers products and services including Generic Medicines and OTC and Wellness Products. Its focus areas include Pharmaceuticals, Generic Medicines, Retail Pharmacy and Wellness Products.
Company details
Davaindia is recognized as an initiative under Zota Healthcare Limited that has transformed the Indian healthcare landscape by making high-quality generic medicines accessible at reduced costs. It is established as Indias largest private generic pharmacy retail chain, with over 1800 stores across the country serving millions of customers. The companys efforts have led to substantial savings on medicine bills, and its products are tested to match the efficacy and safety of branded alternatives. Technological advancements, such as automated warehouses and AI-driven software, are utilized to ensure efficient operations and transparency in the supply chain, while employment opportunities have been created for thousands.
- Annual Revenue₹110 Cr
FY 2025 · +145% YoY
- Net Loss-₹60.95 Cr
FY 2025 · -55% margin
- EBITDA-₹13.40 Cr
FY 2025 · -12% margin
- Employee Count3,260
Associated legal entities of Davaindia
Davaindia operates through Davaindia Health Mart Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Davaindia Health Mart Limited CIN U24110GJ2020PLC111827 | Active | 01 Jan 2020 | Surat, Gujarat | ₹110 Cr | 3,260 | 7 | View details |
Products & Services of Davaindia
Davaindia offers a comprehensive portfolio of products and services, including Generic Medicines and OTC and Wellness Products.
High-quality generic medicines are provided at lower costs, ensuring they are comparable in efficacy and safety to branded versions
Over-the-counter products, cosmetics, and supplements are made available to support general health needs
Apps and channels of Davaindia
its YouTube channel Davaindia generic pharmacy has 6.63K subscribers and 30 videos.
Videos from Davaindia
The most watched videos on Davaindia's YouTube channel, Davaindia generic pharmacy (6.63K subscribers). Click a video to play it here.
More on Davaindia generic pharmacy.
Board of directors of Davaindia Health Mart Limited (Davaindia)
Davaindia Health Mart Limited is the primary company behind Davaindia. The board of Davaindia Health Mart Limited currently have 7 directors; the longest-serving is Viren Manukant Zota, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Viren Manukant Zota DIN 08656333 | Director | 01 Jan 2020 | 6 yrs 9 mo | Davaindia Health Mart Limited |
| Himanshu Muktilal Zota DIN 01097722 | Director | 01 Jan 2020 | 6 yrs 9 mo | Davaindia Health Mart Limited |
| Kamlesh Rajanikant Zota DIN 00822705 | Director | 01 Jan 2020 | 6 yrs 9 mo | Davaindia Health Mart Limited |
| Moxesh Ketanbhai Zota DIN 07625219 | Director | 01 Jan 2020 | 6 yrs 9 mo | Davaindia Health Mart Limited |
| Harkishan Ambaram Jani DIN 10247676 | Director | 01 Aug 2023 | 3 yrs 2 mo | Davaindia Health Mart Limited |
| Vitrag Sureshkumar Modi DIN 08457204 | Director | 28 Aug 2024 | 2 yrs 1 mo | Davaindia Health Mart Limited |
| Dhaval Chandubhai Patwa DIN 10283028 | Director | 19 Aug 2025 | 1 yr 1 mo | Davaindia Health Mart Limited |
Financials of Davaindia
Figures of Davaindia Health Mart Limited, the primary company behind Davaindia, for FY 2025. Revenue was ₹110 Cr (+145% year on year). Net loss was -₹60.95 Cr (-55% margin). EBITDA was -₹13.40 Cr (-12% margin). Revenue has grown at a compounded annual rate of +310% over three years.
- ₹110 CrRevenue · FY 2025 · +145% YoY
- -₹60.95 CrNet loss · -55% margin
- -₹13.40 CrEBITDA · -12% margin
- ₹2.98 CrPaid-up capital
- 3,260Employees (provident fund records)
- +310%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Davaindia Health Mart Limited are on its company page.
Detailed financial statements for Davaindia
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Web traffic of Davaindia
The website of Davaindia (davaindia.com) receives about 121K visits a month and ranks #262,189 among all websites worldwide, #3,987 in Banking Credit and Lending.
- Monthly visits121K
- Unique visitors59.2K
per month
- Global rank#262,189
among all websites
- Category rank#3,987
Finance · Banking Credit and Lending
- Bounce rate47%
- Pages per visit4.3
- Average visit2 min 05 sec
- DevicesDesktop 17% · Mobile 83%
Websites whose visitors overlap most with Davaindia. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
omronbrandshop.com | omronbrandshop.com | 100% | – | #214,778 | – |
| genericaadhaar.com | 78% | 62.7K | #325,230 | View details | |
| truemeds.in | 71% | 5.5M | #12,844 | View details | |
| zotahealthcare.com | 64% | 11.5K | #1,643,183 | View details | |
| wellnessforever.com | 60% | 480.8K | #74,529 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 22 similar websites and full traffic analytics for Davaindia
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- Audience overlap
- Engagement analytics
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Verified entity values are shown only after access is granted.
Top companies in Pharmacy & Healthcare Retail Systems
10 companies that operate in the same segment as Davaindia (Pharmacy & Healthcare Retail Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Alto Pharmacy is focused on providing convenient prescription delivery services. | 2015 | San Francisco, California, United States | USD 591.64 M | – | – | |
Online community and B2B platform for pharmacy professionals is operated. | 2012 | Singapore, Singapore | USD 10 M | – | – | |
Optum is recognized as a leading health solution and care delivery organization. | 2011 | Eden Prairie, Minnesota, United States | USD 250 K | USD 383.36 M | 140 | |
Materials management and business analytics solutions for healthcare are provided. | 1992 | Mountain View, California, United States | USD 20 M | USD 1.18 B | 3,670 | |
Offers a B2B managed marketplace for pharmacies | 2019 | Bengaluru, Karnataka, India | USD 20.02 M | USD 20.23 M | 218 | |
Digital healthcare tools are offered for pharmacies and clinics management. | 2012 | Mumbai, Maharashtra, India | USD 929.11 M | USD 805.55 M | 221 | |
Prescription drugs refill management solutions | 2015 | San Francisco, California, United States | USD 105.54 M | – | 99 | |
On-demand prescription delivery is facilitated for patients through pharmacists' workflows. | 2016 | Jacksonville, United States | USD 30.64 M | – | 95 | |
Medication management systems are supplied to healthcare providers and pharmacies. | 1968 | Columbus, Ohio, United States | USD 8.3 M | – | – | |
Provider of supply chain management platform | 2009 | Columbus, Ohio, United States | USD 5.76 M | – | 55 |
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Related news about Davaindia
Complete news archive for Davaindia
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Frequently Asked Questions about Davaindia
Davaindia was founded in 2017.
Davaindia is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Davaindia has 3,260 employees.
The primary company behind Davaindia, Davaindia Health Mart Limited, reported revenue of ₹110 Cr for FY 2025, up 145% year on year.
Davaindia is recognized as an initiative under Zota Healthcare Limited that has transformed the Indian healthcare landscape by making high-quality generic medicines accessible at reduced costs. It is established as Indias largest private generic pharmacy retail chain, with over 1800 stores across the country serving millions of customers. The companys efforts have led to substantial savings on medicine bills, and its products are tested to match the efficacy and safety of branded alternatives. Technological advancements, such as automated warehouses and AI-driven software, are utilized to ensure efficient operations and transparency in the supply chain, while employment opportunities have been created for thousands.
Davaindia offers Generic Medicines and OTC and Wellness Products.
Davaindia operates through Davaindia Health Mart Limited.
The legal entities of Davaindia currently have 7 directors, including Dhaval Chandubhai Patwa, Harkishan Ambaram Jani, Vitrag Sureshkumar Modi and others.
The website of Davaindia receives about 121 thousand visits a month and ranks #262,189 among all websites worldwide.