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Thursday, April 27, 2017

PharmEasy raised $2 million funding

Mumbai based Online drug delivery platform PharmEasy has raised $2 million (Rs 12.8 crore) funding. PharmaEasy is managed by 91 Streets Media Pvt. Ltd.

Previously also PharmEasy raised $16 million (Rs 105 crore then) led by three of its existing investors: Ascent Health And Wellness Solutions, Bessemer Venture Partners and Orios Venture Partners.

The startup was founded in 2015 by Dhaval Shah and Dharmil Sheth.

Also read: Flipkart appoint Padmini Pagadala as CEO for a day

PharmEasy uses a tech-enabled lead-generation platform that helps customers get cheaper diagnostic tests. It also helps them digitise their medical records. Currently, it delivers medicines in Mumbai, Delhi, Noida, Gurgaon, Kolkata, Pune, Bangalore, Jaipur and Ahmedabad. And its diagnostic test offering is available only in Mumbai, Delhi, Kolkata, Pune, Bangalore and Ahmedabad.

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