PharmEasy Journey

PharmEasy's Founder and History

PharmEasy is a E-Commerce - Online Pharmacy platforms, founded in 2015 by two entrepreneur minds Dharmil Sheth and Dhaval Shah.

Initially they just put the amount in its founding which they got from their parents.

Since the E-Commerce startups are starting by thousands of peoples around the world.

Lot of E-Commerce platforms or marketplaces established in different categories by peoples all over the world.

Even those products who was only available offline before now also available online.

In India or whole world the E-Commerce Startup Platforms approximately started by people in each category like Electronics, Groceries, Fashion and so on.

Even some of the E-Commerce Platforms are focusing only single category and offer products in single category.

Examples of these startups are like in the sector of Grocery Bigbasket and Zepto are two successful E-Commerce platforms which only deals in Glocery products.

Like grocery in medical field their a lot of startups founded by peoples who even start providing doctor consultation or start delivering medicines.

It was founding by its founders at Mumbai and they also decided to make its headquarter at Mumbai, Maharashtra, India.

Currently its operating its services around 1000+ cities of India which is growing with the year to year growth of PharmEasy.

Becoming any startup a successful start in E-Commerce - Online Pharmacy sector is very difficult. The reason behind it is that peoples do not trust on such online platforms for health related issues.

But PharmEasy make a space in the heart of peoples and become a successful startup.

PharmEasy Unicorn Status

It's not become a successful startup in India only. But also it got a huge success which help it to increase its valuation.

It achieve the status of Unicorn in Indian startups or become a part of unicorn club in India.

This reflect the huge success of this company by hard work of its founders.

PharmEasy wants to increase its operations in multiple cities of India for that purpose the company got funding from investors in multiple rounds on different valuation.

But in the funding round held in April, 2021 the 1.5 billion dollars valuation of PharmEasy accepted by the investors.

With this round of funding it become a Unicorn of India after 6 years of its foundations.

Venture Intelligence reported that the valuation of PharmEasy reached up to 2.8 billion dollars with the last round of funding by investors in it.

PharmEasy Investors

Orios VP, Eight Roads Ventures, Temasek, Naspers, Steadview Capital are some names of investors who was invested in PharmEasy on different valuation and different times.

Also the the valuation of PharmEasy is increasing year by year with its growth or success in the market.