About Netmeds Wholesale
Netmeds Wholesale is a Healthcare company based in Navi Mumbai (India) founded in 2021. It operates a digital hub for ordering medicines and pharmaceutical products. It operates on a B2B model. The company has 43,024 employees. Its Indian entity Reliance Retail Limited reported revenue of ₹293,954 Cr. Its focus areas include Pharmaceuticals, E-commerce and Medicine Ordering. Similar companies include Tata 1mg, Netmeds and PharmEasy; 3 of its 3 listed similar companies have raised funding.
Company details
Netmeds Wholesale, established in 2021, excels in providing healthcare solutions, producing pharmaceutical products, operating online marketplaces, and medicine ordering. Operates a digital hub for ordering medicines and pharmaceutical products. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Navi Mumbai, India
- Employees 43,024
- SectorsHealthcare
- Website netmedswholesale.com
- Social Facebook
- Legal Name Reliance Retail Limited
- Date of Incorporation 29 Jun, 1999
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹293,954 Cr
FY 2026 · +8% YoY
- Net Profit₹13,476 Cr
FY 2026 · 5% margin
- EBITDA₹23,587 Cr
FY 2026 · 8% margin
- Employee Count43,024
Associated legal entities of Netmeds Wholesale
Netmeds Wholesale operates through Reliance Retail Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Reliance Retail Limited CIN U01100MH1999PLC120563 | Active | 29 Jun 1999 | Mumbai, Maharashtra | ₹293,954 Cr | 43,024 | 11 | View details |
Board of directors of Reliance Retail Limited (Netmeds Wholesale)
Reliance Retail Limited is the primary company behind Netmeds Wholesale. The board of Reliance Retail Limited currently have 9 directors; the longest-serving is Pankaj Mohan Pawar, appointed in 2010. 29 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pankaj Mohan Pawar DIN 00085077 | Director | 01 Oct 2010 | 16 yrs | Reliance Retail Limited |
| Sanjay Jog DIN 01727602 | Director | 22 Sep 2014 | 12 yrs 1 mo | Reliance Retail Limited |
| Geeta Kalyandas Fulwadaya DIN 03341926 | Director | 25 Mar 2015 | 11 yrs 6 mo | Reliance Retail Limited |
| Venkatachalam Subramaniam DIN 00009621 | Whole-time director | 07 Dec 2016 | 9 yrs 10 mo | Reliance Retail Limited |
| Ranjit Vasant Pandit DIN 00782296 | Director | 17 Apr 2017 | 9 yrs 6 mo | Reliance Retail Limited |
| Dipak Chand Jain DIN 00228513 | Director | 25 Jul 2018 | 8 yrs 2 mo | Reliance Retail Limited |
| Adil Zainulbhai DIN 06646490 | Director | 20 Oct 2022 | 4 yrs | Reliance Retail Limited |
| Anshu Prakash DIN 03540028 | Director | 01 Dec 2022 | 3 yrs 10 mo | Reliance Retail Limited |
| Shumeet Banerji DIN 02787784 | Director | 01 Apr 2024 | 2 yrs 6 mo | Reliance Retail Limited |
Financials of Netmeds Wholesale
Figures of Reliance Retail Limited, the primary company behind Netmeds Wholesale, for FY 2026. Revenue was ₹293,954 Cr (+8% year on year). Net profit was ₹13,476 Cr (5% margin). EBITDA was ₹23,587 Cr (8% margin). Revenue has grown at a compounded annual rate of +10% over three years and +16% over five years.
- ₹293,954 CrRevenue · FY 2026 · +8% YoY
- ₹13,476 CrNet profit · 5% margin
- ₹23,587 CrEBITDA · 8% margin
- ₹8,987 CrPaid-up capital
- 43,024Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Reliance Retail Limited are on its company page.
Detailed financial statements for Netmeds Wholesale
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to Netmeds Wholesale
Netmeds Wholesale has 3 listed similar companies in our database, 3 of them funded. They include Tata 1mg, Netmeds and PharmEasy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 1mg.com | 2015 | Delhi, India | $230.8M | 4,419 | Provider of an online pharmacy with doctor listing and teleconsultation services | |
| netmeds.com | 2015 | Chennai, India | $109M | 988 | Provider of an online store for medicines and healthcare products | |
| pharmeasy.in | 2015 | Mumbai, India | $688.41M | 493 | Provider of an online pharmacy and healthcare platforms |
Detailed similar companies of Netmeds Wholesale
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.
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 Netmeds Wholesale
Complete news archive for Netmeds Wholesale
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.
Frequently Asked Questions about Netmeds Wholesale
Netmeds Wholesale was founded in 2021.
Netmeds Wholesale is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.
Netmeds Wholesale has 43,024 employees.
The primary company behind Netmeds Wholesale, Reliance Retail Limited, reported revenue of ₹293,954 Cr for FY 2026, up 8% year on year.
Netmeds Wholesale, established in 2021, excels in providing healthcare solutions, producing pharmaceutical products, operating online marketplaces, and medicine ordering. Operates a digital hub for ordering medicines and pharmaceutical products. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Netmeds Wholesale operates through Reliance Retail Limited.
The legal entities of Netmeds Wholesale currently have 11 directors, including Sanjay Jog, Dipak Chand Jain, Shumeet Banerji and others.