About Shanghai Pharmaceutical
Shanghai Pharmaceutical is a company based in Shanghai (China) founded in 2015.. Shanghai Pharmaceutical has raised $228.18 million across 4 funding rounds from investors including Sinocare, China Jianyin Investment and Shanghai Healthcare Capital. Shanghai Pharmaceutical operates in a competitive market with competitors including 111 Group, 7LK, Jingle fast medicine, JD Health and IKHealth, among others.
- Headquarter Shanghai, China
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$228.18 M (USD)
in 4 rounds
-
Latest Funding Round
$68.48 M (USD), Series C
Oct 13, 2023
-
Investors
Sinocare
& 8 more
-
Employee Count
Employee Count
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
Funding Insights of Shanghai Pharmaceutical
Shanghai Pharmaceutical has successfully raised a total of $228.18M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $68.48 million completed in October 2023. 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 4
- Last Round Series C — $68.5M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Series C - Shanghai Pharmaceutical | Valuation | Industrial and Commercial Bank of China , Shanghai Municipal People's Government | |
| Feb, 2021 | Amount | Series B - Shanghai Pharmaceutical | Valuation | China Jianyin Investment , Shanghai Healthcare Capital | |
| Jun, 2016 | Amount | Series A - Shanghai Pharmaceutical | 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 Shanghai Pharmaceutical
Shanghai Pharmaceutical has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Sinocare, China Jianyin Investment and Shanghai Healthcare Capital. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
PE firm invests in China
|
Founded Year | Domain | Location | |
|
-
|
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 Shanghai Pharmaceutical
| 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 |
Financial Statements - Shanghai Pharmaceutical
| 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 |
Shanghai Pharmaceutical Comparisons
Competitors of Shanghai Pharmaceutical
Shanghai Pharmaceutical 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 111 Group, 7LK, Jingle fast medicine, JD Health and IKHealth, 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 |
Online pharmacy for selling pharmaceuticals and health products
|
|
| domain | founded_year | HQ Location |
Non-prescription drugs and health supplements are retailed online by 7LK.
|
|
| domain | founded_year | HQ Location |
O2O platform for medicines
|
|
| domain | founded_year | HQ Location |
Nutritional supplements and healthcare devices are offered online.
|
|
| domain | founded_year | HQ Location |
O2O platform for pharmacy distribution
|
| 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 Shanghai Pharmaceutical
Frequently Asked Questions about Shanghai Pharmaceutical
When was Shanghai Pharmaceutical founded?
Shanghai Pharmaceutical was founded in 2015.
Where is Shanghai Pharmaceutical located?
Shanghai Pharmaceutical is headquartered in Shanghai, China.
Is Shanghai Pharmaceutical a funded company?
Shanghai Pharmaceutical is a funded company, having raised a total of $228.18M across 4 funding rounds to date.
What does Shanghai Pharmaceutical do?
Shanghai Pharmaceutical was founded in 2015 in Shanghai, China, and operates in the healthcare sector. A cloud-based mobile app is provided for users to purchase medicines online, with prescriptions uploaded for pharmacist review and subsequent home delivery. Additional services encompass electronic prescriptions, member management, medical assistance, finance management, and cloud pharmacy solutions.
Who are the top competitors of Shanghai Pharmaceutical?
Shanghai Pharmaceutical's top competitors include 111 Group, 7LK and Jingle fast medicine.
Who are Shanghai Pharmaceutical's investors?
Shanghai Pharmaceutical has 9 investors. Key investors include Sinocare, China Jianyin Investment, Shanghai Healthcare Capital, Industrial and Commercial Bank of China, and Shanghai Municipal Government.