About Davaindia
Davaindia is a company based in Surat (India) founded in 2017.. The company has 3,260 employees as of September 21, 2025. Davaindia offers products and services including Generic Medicines and OTC and Wellness Products.
- Headquarter Surat, India
- Employees 3260 as on 21 Sep, 2025
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Sectors
HealthcareConsumer
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Email
***********
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Phone
*********
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Social
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- Legal Name Davaindia Health Mart Limited
- Date of Incorporation 01 Jan, 2020
- Jurisdiction Surat, Gujarat, India
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Annual Revenue
$5.23 M (USD)206.38as on Mar 31, 2024
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Net Profit
$-2.04 M (USD)-54.6as on Mar 31, 2024
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EBITDA
$186.58 K (USD)297.29as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
3260
as on Sep 21, 2025
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Products & Services of Davaindia
Davaindia offers a comprehensive portfolio of products and services, including Generic Medicines and OTC and Wellness Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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
Funding Insights of Davaindia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Davaindia
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Davaindia
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Davaindia Comparisons
Competitors of Davaindia
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Davaindia
Frequently Asked Questions about Davaindia
When was Davaindia founded?
Davaindia was founded in 2017.
Where is Davaindia located?
Davaindia is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
How many employees does Davaindia have?
As of Sep 21, 2025, the latest employee count at Davaindia is 3,260.
What is the annual revenue of Davaindia?
Annual revenue of Davaindia is $5.23M as on Mar 31, 2024.
What does Davaindia do?
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.
What products or services does Davaindia offer?
Davaindia offers Generic Medicines and OTC and Wellness Products.