Medkart Pharmacy Pvt
Latest round
- Series A
Last raised
- Nov 2021
Total raised
- $0.5M
Investors
- 2
About Medkart Pharmacy Pvt
Founded in 2014 and headquartered in Ahmedabad, India, Medkart Pharmacy Pvt Ltd offers an online platform for purchasing pharmaceuticals. The company was established by Ankur Agarwal, who brings experience from previous ventures.Medkart Pharmacy specializes in the online sale of generic and branded medicines, providing a comprehensive platform for purchasing pharmaceuticals. The core offerings include a wide range of medicines, including over-the-counter products, prescription medications, and homeopathic and ayurvedic remedies. These products are sourced directly from WHO-GMP certified manufacturers, ensuring authenticity and compliance with industry standards. Medkart serves a diverse customer base, including individual consumers seeking affordable healthcare solutions, patients with chronic conditions, and those looking for alternative treatments.50. The revenue model for Medkart Pharmacy revolves around direct-to-consumer sales, with transactions occurring through their user-friendly website and mobile application. Customers can place orders for medications, utilizing features such as prescription uploads or product searches to facilitate their purchases. Pricing structures vary across products, with significant discounts commonly reaching up to 85%, making the platform attractive for cost-conscious consumers. Medkart's offerings include both generic medications and branded products, ensuring a diverse selection that caters to various healthcare needs.Medkart Pharmacy plans to expand its product offerings and enhance its online platform to improve user experience. Specific details on upcoming products and their release dates are not disclosed at this time. The company aims to further penetrate the Indian market while exploring potential expansion into neighboring regions.
Who invested in Medkart Pharmacy Pvt
2 investors across 1 round
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Funding rounds
Series A
Nov 23, 2021
Amount
$0.5M
Investors
Questions about Medkart Pharmacy Pvt
Who invested in Medkart Pharmacy Pvt?
Medkart Pharmacy Pvt has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Medkart Pharmacy Pvt raised?
Medkart Pharmacy Pvt has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Medkart Pharmacy Pvt last raise money?
Medkart Pharmacy Pvt's most recent round on record is a Series A, in Nov 2021.
What does Medkart Pharmacy Pvt do?
Founded in 2014 and headquartered in Ahmedabad, India, Medkart Pharmacy Pvt Ltd offers an online platform for purchasing pharmaceuticals.
Where is Medkart Pharmacy Pvt headquartered?
Medkart Pharmacy Pvt is headquartered in Ahmedabad, India.
Which VCs invest in companies like Medkart Pharmacy Pvt?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back pharmaceuticals companies at Medkart Pharmacy Pvt's stage. Their profiles are linked below.
VCs backing pharmaceuticals startups at Series A
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