About PharmEasy
PharmEasy is a company based in Mumbai (India) founded in 2015 by Harsh Parekh, Hardik Dedhia, and Dhaval Shah.. PharmEasy has raised $688.41 million across 11 funding rounds from investors including MediBuddy, Bessemer Venture Partners and Avendus. PharmEasy has completed 1 acquisition, including Medlife. PharmEasy offers products and services including Medicine Delivery, Lab Tests, and Doctor Consultations. PharmEasy operates in a competitive market with competitors including Tata 1mg, Netmeds, Truemeds, MedPlus and SastaSundar, among others.
- Headquarter Mumbai, India
- Founders Harsh Parekh, Hardik Dedhia, Dhaval Shah
- Stage Unicorn
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
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
Products & Services of PharmEasy
PharmEasy offers a comprehensive portfolio of products and services, including Medicine Delivery, Lab Tests, and Doctor Consultations. 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.
Online service for ordering and delivering medicines to users.
Platform for booking and accessing various health tests remotely.
Virtual platform for remote medical advice and consultations.
Unlock access to complete
Funding Insights of PharmEasy
PharmEasy has successfully raised a total of $688.41M across 11 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $193 million completed in September 2025. 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 Total Funding
- Total Rounds 11
- Last Round Debt – Conventional — $193.0M
-
First Round
First Round
(01 Jun 2015)
- Investors Count 40
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Debt – Conventional - PharmEasy | Valuation | 360 One | |
| May, 2022 | Amount | Series F - PharmEasy | Valuation |
investors |
|
| Feb, 2022 | Amount | Series F - PharmEasy | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PharmEasy
PharmEasy has secured backing from 40 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include MediBuddy, Bessemer Venture Partners and Avendus. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm focused on early-stage companies
|
Founded Year | Domain | Location | |
|
An investment platform is provided for diverse sectors and geographies.
|
Founded Year | Domain | Location | |
|
Fund of funds focused on pre-seed and seed-stage companies
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by PharmEasy
PharmEasy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Medlife. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of an online pharmacy for medications
|
2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - PharmEasy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pharmeasy Comparisons
Competitors of PharmEasy
PharmEasy 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 Tata 1mg, Netmeds, Truemeds, MedPlus and SastaSundar, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of an online pharmacy with doctor listing and teleconsultation services
|
|
| domain | founded_year | HQ Location |
Provider of an online store for medicines and healthcare products
|
|
| domain | founded_year | HQ Location |
Provider of an online pharmacy and telehealth platform
|
|
| domain | founded_year | HQ Location |
Medicines and health products are retailed through pharmacy outlets.
|
|
| domain | founded_year | HQ Location |
An online marketplace for healthcare products is operated.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Pharmeasy
Frequently Asked Questions about PharmEasy
When was PharmEasy founded?
PharmEasy was founded in 2015.
Where is PharmEasy located?
PharmEasy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is PharmEasy a funded company?
PharmEasy is a funded company, having raised a total of $688.41M across 11 funding rounds to date.
What does PharmEasy do?
Provider of an online pharmacy and healthcare platforms. It offers a wide range of pharmaceutical products, healthcare and wellness items, over-the-counter (OTC) products, ayurvedic and homeopathic medicines, medical devices, and lab test.
Who are the top competitors of PharmEasy?
PharmEasy's top competitors include Tata 1mg, SastaSundar and MedPlus.
What products or services does PharmEasy offer?
PharmEasy offers Medicine Delivery, Lab Tests, and Doctor Consultations.
How many acquisitions has PharmEasy made?
PharmEasy has made 1 acquisition, including Medlife.
Who are PharmEasy's investors?
PharmEasy has 40 investors. Key investors include MediBuddy, Bessemer Venture Partners, Avendus, Timesgroup, and TPG.
What is PharmEasy's valuation?
The valuation of PharmEasy is $1.04B as of Feb 2021.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.