About DocPharma
DocPharma is a Healthcare company based in Bengaluru (India) founded in 2024 by Sagar Chauhan, Saquib Ali, Saurabh Kashyap, and Shashank Rai. Healthcare supply chain platform is provided for pharmacy and diagnostics. DocPharma has raised $2.5 million across 2 funding rounds from investors including Venture Catalysts, 100Unicorns and Equentis Wealth Advisory Services. Its chief executive, as recorded, is Shashank Rai. DocPharma offers products and services including Pharmacy Platform, Diagnostic Services, and Technology Integration. Its focus areas include HealthTech, Pharmacy IT, Supply Chain Management and Procurement. Its legal entity in India is Fledge Healthplus Private Limited (U46497UP2023PTC185378). Its competitors include API Holdings and Medicea; 2 of its 2 listed competitors have raised funding.
Company details
DocPharma was founded in 2024 in Bengaluru, India, within the healthcare sector. A supply chain platform is operated to address pharmaceutical and diagnostic requirements. Personalized pharmacy services and diagnostic options are delivered to users. Operations focus on integrating convenience with professional healthcare support across the region. Key leadership includes co-founders handling CEO, CPTO, CBO, and COO roles.
- Headquarters Bengaluru, India
- Founders Sagar Chauhan, Saquib Ali, Saurabh Kashyap, Shashank Rai
- SectorsHealthcare
- Website docpharma.in
- Social LinkedIn Facebook Instagram
- Legal Name Fledge Healthplus Private Limited
- Date of Incorporation 10 Jul, 2023
- Jurisdiction Lucknow, Uttar Pradesh, India
- Net Profit-$90.6 (USD)as on Mar 31, 2024
- EBITDA-$90.6 (USD)as on Mar 31, 2024
- Total Equity Funding$2.5M (USD)
in 2 rounds
- Latest Funding Round$2M (USD), Seed
Sep 2026
- InvestorsVenture Catalysts
& 2 more
Associated legal entities of DocPharma
DocPharma operates through Fledge Healthplus Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fledge Healthplus Private Limited CIN U46497UP2023PTC185378 | Active | 10 Jul 2023 | Lucknow, Uttar Pradesh | 2 | View details |
Products & Services of DocPharma
DocPharma offers a comprehensive portfolio of products and services, including Pharmacy Platform, Diagnostic Services, and Technology Integration.
Platform for order processing, delivery, and inventory handling in healthcare.
Services for in-clinic and home sample collection with certified lab results.
AI-driven tools for inventory management and real-time tracking in operations.
Funding Insights of DocPharma
DocPharma has successfully raised a total of $2.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in September 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.5M
- Total Rounds 2
- Last Round Seed — $2M
- First Round $500,000
(Dec 2024)
- Investors Count 3
All 2 funding rounds of DocPharma with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2026 | $2M | Seed | – | Equentis Wealth Advisory Services | – |
| Dec 2024 | $500,000 | Seed | – | – |
3 investors in total: 3 institutional.
Investors in DocPharma
DocPharma has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Venture Catalysts, 100Unicorns and Equentis Wealth Advisory Services.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
A startup accelerator offering funding and support to early-stage companies. | 2020 | 100unicorns.in | Mumbai, India | |
| equentis.com |
Investor details for DocPharma
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Fledge Healthplus Private Limited (DocPharma)
Fledge Healthplus Private Limited is the primary company behind DocPharma. The board of Fledge Healthplus Private Limited currently have 2 directors; the longest-serving is Smita Rai, appointed in 2023. 1 earlier director has ceased.
People of DocPharma
4 people are tracked at DocPharma (4 in leadership).
| Name | Role | Group |
|---|---|---|
Sagar Chauhan | Co-Founder and CPTO | Leadership |
Saquib Ali | Co-Founder & CBO | Leadership |
Saurabh Kashyap | Co-Founder & COO | Leadership |
Shashank Rai | Co-Founder & CEO | Leadership |
Complete people profiles for DocPharma
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of DocPharma
3 dated milestones of DocPharma across 2 years, from founding to its latest funding, stage changes and deals.
- Founded DocPharma is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Seed, of $2.0M.
Competitors of DocPharma
DocPharma has 2 listed competitors in our database, 2 of them funded. They include API Holdings and Medicea.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| apiholdings.in | 2012 | Mumbai, India | $1.19B | 221 | Digital healthcare tools are offered for pharmacies and clinics management. | |
| medicea.in | 2015 | Delhi, India | $138,502 | Order management is facilitated for pharmacy supply chains. |
Detailed competitors of DocPharma
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Pharmacy & Healthcare Retail Systems
2 companies that operate in the same segment as DocPharma (Pharmacy & Healthcare Retail Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 1.19 B | USD 805.55 M | 215 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Docpharma
Complete news archive for DocPharma
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Articles about DocPharma on our blog
Frequently Asked Questions about DocPharma
DocPharma was founded in 2024.
DocPharma is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Shashank Rai is the CEO of DocPharma, as recorded in our data. They have also founded this company.
DocPharma is a funded company, having raised a total of $2.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Dec 2024.
DocPharma was founded in 2024 in Bengaluru, India, within the healthcare sector. A supply chain platform is operated to address pharmaceutical and diagnostic requirements. Personalized pharmacy services and diagnostic options are delivered to users. Operations focus on integrating convenience with professional healthcare support across the region. Key leadership includes co-founders handling CEO, CPTO, CBO, and COO roles.
DocPharma's top competitors include API Holdings and Medicea.
DocPharma offers Pharmacy Platform, Diagnostic Services, and Technology Integration.
DocPharma has 3 investors. Key investors include Venture Catalysts, 100Unicorns, and Equentis Wealth Advisory Services.
DocPharma operates through Fledge Healthplus Private Limited.
The legal entities of DocPharma currently have 2 directors, including Shashank, Smita Rai.