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
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Sectors
Healthcare
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Email
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Website
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Products & Services of PharmEasy
PharmEasy offers a comprehensive portfolio of products and services, including Medicine Delivery, Lab Tests, and Doctor Consultations.
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.
People of PharmEasy
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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
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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 |
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| Feb, 2022 | Amount | Series F - PharmEasy | 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on early-stage companies
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Founded Year | Domain | Location | |
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An investment platform is provided for diverse sectors and geographies.
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Founded Year | Domain | Location | |
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Fund of funds focused on pre-seed and seed-stage companies
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Founded Year | Domain | Location |
Investments & Acquisitions by PharmEasy
PharmEasy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Medlife.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of an online pharmacy for medications
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2014 |
Financial Statements - PharmEasy
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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of an online pharmacy with doctor listing and teleconsultation services
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| domain | founded_year | HQ Location |
Provider of an online store for medicines and healthcare products
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| domain | founded_year | HQ Location |
Provider of an online pharmacy and telehealth platform
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| domain | founded_year | HQ Location |
Medicines and health products are retailed through pharmacy outlets.
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| domain | founded_year | HQ Location |
An online marketplace for healthcare products is operated.
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Frequently Asked Questions about PharmEasy
PharmEasy was founded in 2015.
PharmEasy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
PharmEasy is a funded company, having raised a total of $688.41M across 11 funding rounds to date.
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.
PharmEasy's top competitors include Tata 1mg, SastaSundar and MedPlus.
PharmEasy offers Medicine Delivery, Lab Tests, and Doctor Consultations.
PharmEasy has made 1 acquisition, including Medlife.
PharmEasy has 40 investors. Key investors include MediBuddy, Bessemer Venture Partners, Avendus, Timesgroup, and TPG.
The valuation of PharmEasy is $1.04B as of Feb 2021.