PharmaGrowth

Bengaluru, India Founded: 2020 • Age: 6 yrs
Cloud-based software for end-to-end pharmacy management is provided.
Annual revenue $677,040 Latest available
Total funding $473,230 1 rounds
Employees 1 Tracked headcount
Investors 14 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About PharmaGrowth

PharmaGrowth is a company based in Bengaluru (India) founded in 2020 by Anmol Sureka and Sajal Jain. PharmaGrowth has raised $473.23 thousand across 1 funding round from investors including Angel List, Apex Group and QED Innovation Labs. The company has 1 employees as of March 28, 2024. PharmaGrowth operates in a competitive market with competitors including mPharma, Pharmarack, KareXpert, OmniSYS and Xevant, among others.

  • Headquarter Bengaluru, India
  • Employees 1 as on 28 Mar, 2024
  • Founders Anmol Sureka, Sajal Jain
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Pharmagrowth Solutions Private Limited
  • Date of Incorporation 29 Aug, 2020
  • Jurisdiction Indore, Madhya Pradesh, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $677.04 K (USD)
    124.09
    as on Mar 31, 2023
  • Net Profit
    -$86.84 K (USD)
    -398.14
    as on Mar 31, 2023
  • EBITDA
    -$77.57 K (USD)
    -166.84
    as on Mar 31, 2023
  • Total Equity Funding
    $473.23 K (USD)

    in 1 rounds

  • Latest Funding Round
    $473.23 K (USD), Seed

    Oct 17, 2022

  • Investors
    Angel List

    & 13 more

  • Employee Count
    1

    as on Mar 28, 2024

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People of PharmaGrowth

Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Parv Jain
Market Research Analyst

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Teams

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Funding Insights of PharmaGrowth

PharmaGrowth has successfully raised a total of $473.23K through 1 strategic funding round. The most recent funding activity was a Seed round of $473.23 thousand completed in October 2022. 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.

Investors in PharmaGrowth

PharmaGrowth has secured backing from 14 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Angel List, Apex Group and QED Innovation Labs.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital funding is provided to innovative startups in India.
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Seed to series A startups receive investments from Good Capital.
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Alternative investment platform for startups and investors is operated.
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Investor details for PharmaGrowth

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Investments & Acquisitions by PharmaGrowth

Investments
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Investment portfolio details for PharmaGrowth

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Financial Statements - PharmaGrowth

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Detailed financials for PharmaGrowth

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Pharmagrowth Comparisons

PharmaGrowth Primary company
Description
Cloud-based software for end-to-end pharmacy management is p...
Location
Bengaluru, India
Founded Year
2020
Annual Revenue
$677.04 K (USD)
Net Profit
-$86.84 K (USD)
EBITDA
-$77.57 K (USD)
Employees
1
As of 2024
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Peer comparison for PharmaGrowth

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Competitors of PharmaGrowth

PharmaGrowth operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as mPharma, Pharmarack, KareXpert, OmniSYS and Xevant, among others.

Company Name Domain Founded year HQ Location Description
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Provider of pharmacy management services and software for stock management for patients and pharmacies
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SaaS-based pharmacy management solutions are offered to retailers and distributors.
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Cloud-based software suite for healthcare providers is offered.
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Offers medical billing services for pharmacies and manages business policies and relationships.
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A SaaS-based platform for pharmacy benefit management is provided.
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AI-driven pharmacy benefit management software is provided for pharmacies.
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Detailed competitors of PharmaGrowth

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Latest news on Pharmagrowth

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Frequently Asked Questions about PharmaGrowth

PharmaGrowth was founded in 2020 and raised its 1st funding round 2 years after it was founded.

PharmaGrowth is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

PharmaGrowth is a funded company, having raised a total of $473.23K across 1 funding round to date.

As of Mar 28, 2024, the latest employee count at PharmaGrowth is 1.

Annual revenue of PharmaGrowth is $677.04K as on Mar 31, 2023.

PharmaGrowth was founded in 2020 in Bengaluru, India, within the pharmacy software sector. Cloud-based solutions are delivered for comprehensive management of pharmacy operations. Key elements include customer engagement tools, automated reminders for chronic patient refills, inventory tracking, and integrated billing and accounting functions. The platform supports pharmacists in daily tasks across retail and service environments.

PharmaGrowth's top competitors include mPharma, Scripta Insights and KareXpert.

PharmaGrowth has 14 investors. Key investors include Angel List, Apex Group, QED Innovation Labs, Good Capital, and People Partner.

The valuation of PharmaGrowth is $4.85M as of Oct 2022.

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