About Vpharmacist
Vpharmacist is a Healthcare company based in Chennai (India) founded in 2017 by Tamilvendan Rajaraman and Nagarajan Muthuraja. It operates as a medicines are purchased online via verified pharmacy networks in India. Vpharmacist has raised $361.57 thousand across 3 funding rounds from investors including Stratvisors, J Venkataraman and Saraswathi V. Vpharmacist was last valued at $1.32 million in August 2022. Its chief executive is Tamilvendan Rajaraman. Its focus areas include HealthTech, Healthcare Booking Platforms, Pharmacies and Drugs. Its legal entity in India is Vendan Technologies Private Limited (U72900TN2017PTC115674). Its competitors include Tata 1mg, Netmeds, Truemeds, PharmEasy and MedPlus and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
Vpharmacist was founded in 2017 and is headquartered in Chennai, India. The platform operates in the e-pharmacy sector, enabling users to buy prescription and non-prescription medicines. Prescriptions can be uploaded or medications added manually to place orders, which are fulfilled by nearby stores from a network of verified pharmacies. Access is provided through a web platform and an Android app, serving customers across India.
- Headquarters Chennai, India
- Founders Tamilvendan Rajaraman, Nagarajan Muthuraja
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website vpharmacist.in
- Social X Facebook
- Legal Name Vendan Technologies Private Limited
- Date of Incorporation 23 Mar, 2017
- Jurisdiction Chennai, Tamil Nadu, India
- Net Loss-₹34.2 Lakh
FY 2020 · 0% margin
- EBITDA-₹33.2 Lakh
FY 2020 · 0% margin
- Total Equity Funding$361.57K (USD)
in 3 rounds
- Latest Funding Round$79.42K (USD), Angel Round
Aug 2022
- InvestorsStratvisors
& 19 more
Associated legal entities of Vpharmacist
Vpharmacist operates through Vendan Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vendan Technologies Private Limited CIN U72900TN2017PTC115674 | Active | 23 Mar 2017 | Chennai, Tamil Nadu | – | – | 3 | View details |
Funding Insights of Vpharmacist
Vpharmacist has successfully raised a total of $361.57K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $79.42 thousand completed in August 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.
- Total Funding $361,569
- Total Rounds 3
- Last Round Angel Round — $79,424
- First Round $175,480
(Dec 2019)
- Investors Count 20
All 3 funding rounds of Vpharmacist with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2022 | $79,424 | Angel Round | $1.32M | J Venkataraman, Saraswathi V | |
| Feb 2021 | $106,665 | Seed | $1.35M | Drp Consultants | |
| Dec 2019 | $175,480 | Seed | $••••• | Stratvisors |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2022 | $1.32M | •••••••• |
| Feb 2021 | $1.35M | •••••••• |
| Dec 2019 | $••••• | •••••••• |
Full valuation and stage history of Vpharmacist
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $1.32M (Aug 2022). 20 investors in total: 2 institutional and 18 angel.
Investors in Vpharmacist
Vpharmacist has secured backing from 20 investors, including angel and institutional investors. Prominent investors backing the company include Stratvisors, J Venkataraman and Saraswathi V.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Offers consulting to entrepreneurs and businesses in management, strategy, and digital processes. | – | stratvisors.co.in | Mumbai, India | |
- | – | drpconsultants.tcc.mode | - | |
JV J Venkataraman | - | – | unknown_2373533cf4124e4ba | - |
SV Saraswathi V | - | – | unknown_b4adaaa523c34c548 | - |
KA Kannan Anand | - | – | unknown_4f81ea8c985740f5b | - |
JV Jarlet Vinod | - | – | unknown_772da9134c1d48f9a | - |
SK Savitri Kumar | - | – | unknown_568ab5e45fa445e99 | - |
SS Sathish S | - | – | unknown_67c3f387cf134d519 | - |
KR Kokila R | - | – | unknown_f2e0087cbcd342b19 | - |
SR Sreekirishna R | - | – | unknown_8053eca2aa9646d29 | - |
Investor details for Vpharmacist
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Vendan Technologies Private Limited (Vpharmacist)
Vendan Technologies Private Limited is the primary company behind Vpharmacist. The board of Vendan Technologies Private Limited currently have 3 directors; the longest-serving is Muthuraja Nagarajan, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Muthuraja Nagarajan DIN 00019541 | Director | 23 Mar 2017 | 9 yrs 6 mo | Vendan Technologies Private Limited |
| Tamilvendan Rajaraman DIN 05214956 | Director | 23 Mar 2017 | 9 yrs 6 mo | Vendan Technologies Private Limited |
| Prashant Hitendra Shah DIN 07855119 | Nominee Director | 14 Nov 2019 | 6 yrs 11 mo | Vendan Technologies Private Limited |
People of Vpharmacist
2 people are tracked at Vpharmacist (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Vpharmacist
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Vpharmacist
Figures of Vendan Technologies Private Limited, the primary company behind Vpharmacist, for FY 2020. Net loss was -₹34.2 Lakh (0% margin). EBITDA was -₹33.2 Lakh (0% margin).
- -₹34.2 LakhNet loss · 0% margin
- -₹33.2 LakhEBITDA · 0% margin
- ₹2.54 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Vendan Technologies Private Limited are on its company page.
Detailed financial statements for Vpharmacist
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Vpharmacist
4 dated milestones of Vpharmacist across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Vpharmacist is founded.
- Funding First funding round of $175K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $79K.
Competitors of Vpharmacist
Vpharmacist has 9 listed competitors in our database, 8 of them funded. They include Tata 1mg, Netmeds, Truemeds, PharmEasy and MedPlus, among others.
| 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 | |
| truemeds.in | 2019 | Mumbai, India | $112.97M | 345 | Provider of an online pharmacy and telehealth platform | |
| pharmeasy.in | 2015 | Mumbai, India | $688.41M | 493 | Provider of an online pharmacy and healthcare platforms | |
| medplusindia.com | 2006 | Hyderabad, India | $268.78M | 8,729 | Medicines and health products are retailed through pharmacy outlets. | |
| sastasundar.com | 2011 | Kolkata, India | $38.26M | 1,344 | An online marketplace for healthcare products is operated. | |
| medlife.com | 2014 | Bengaluru, India | – | 46 | Provider of an online pharmacy for medications | |
| tablt.com | 2018 | Kolkata, India | $8.28M | 144 | Online platform for the purchase of medicines | |
| healthskoolpharmacy.com | 2015 | Noida, India | $3.32M | 111 | Online pharmacy for the delivery of OTC and prescription medicines |
Detailed competitors of Vpharmacist
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.
Top companies in Digital Health & Telemedicine
10 companies that operate in the same segment as Vpharmacist (Digital Health & Telemedicine), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of an online pharmacy with doctor listing and teleconsultation services | 2015 | Delhi, Delhi, India | USD 230.8 M | USD 328.97 M | 5,212 | |
Online platform offering multiple healthcare services | 2013 | Bengaluru, Karnataka, India | USD 199.22 M | USD 62.4 M | 52 | |
An application is provided for comparing prescription drug prices nationwide. | 2011 | Santa Monica, California, United States | USD 22.21 M | USD 796.85 M | 1,063 | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
An online marketplace for healthcare products is operated. | 2011 | Kolkata, West Bengal, India | USD 38.26 M | – | – | |
Alto Pharmacy is focused on providing convenient prescription delivery services. | 2015 | San Francisco, California, United States | USD 591.64 M | – | 802 | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – | |
Telehealth solutions are provided for doctors and patients' consultations. | 2006 | Boston, Massachusetts, United States | USD 887.35 M | USD 115.54 M | 742 | |
Digital health services for men's wellness are offered by Ro. | 2017 | New York, New York, United States | USD 1.03 B | – | 1,485 | |
Provider of genetic test solutions to study ancestry, genealogy, and inherited traits | 2006 | Sunnyvale, California, United States | USD 943.53 M | USD 189.9 M | 562 |
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Frequently Asked Questions about Vpharmacist
Vpharmacist was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Vpharmacist is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Tamilvendan Rajaraman is the current CEO of Vpharmacist. They have also founded this company.
Vpharmacist is a funded company, having raised a total of $361.57K across 3 funding rounds to date. The company's 1st funding round was a Seed of $175.48K, raised on Dec 2019.
Vpharmacist was founded in 2017 and is headquartered in Chennai, India. The platform operates in the e-pharmacy sector, enabling users to buy prescription and non-prescription medicines. Prescriptions can be uploaded or medications added manually to place orders, which are fulfilled by nearby stores from a network of verified pharmacies. Access is provided through a web platform and an Android app, serving customers across India.
Vpharmacist's top competitors include Tata 1mg, SastaSundar and PharmEasy.
Vpharmacist has 20 investors. Key investors include Stratvisors, J Venkataraman, Saraswathi V, Kannan Anand, and Jarlet Vinod.
The valuation of Vpharmacist is $1.32M as of Aug 2022.
Vpharmacist operates through Vendan Technologies Private Limited.
The legal entities of Vpharmacist currently have 3 directors, including Muthuraja Nagarajan, Tamilvendan Rajaraman, Prashant Hitendra Shah.