# Zeno Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zeno-health

- Industry: Pharmaceuticals
- Headquarters: Mumbai, India
- Website: www.zeno.health
- Total disclosed funding: $39M
- Latest round: Series C (Feb 27, 2024)
- Investors on record: 4

## About

Based in Mumbai, India, and founded by Siddharth Gadia and Girish Agarwal, in 2017, Zippin Pharma Private Limited, doing business as Zeno Health, operates as a pharmacy chain. In February 2024, Zeno Health raised USD 25 million in series C funding led by new investor STIC Investments, with participation from returning investor Lightbox Ventures. Further, in April 2024, the firm acquired INYT Technologies Private Limited.

The company operates a master franchise model in which Zeno Health owns the brand and technology, while the franchisee owns the real estate and the front-end operations. Zippin Pharma Private Limited provides a mobile application that offers drugs and healthcare products from different brands and pharmaceutical stores. The company's applications allow users to order medicines for door-to-door delivery or pick them up at the physical store.

## Funding rounds

- Series C, Feb 27, 2024, $25M — STIC Investments, Lightbox Ventures
- Series A, Sep 19, 2019, $11M — Lightbox Ventures, Whiteboard Capital, Tomorrow Capital
- Series A, Dec 19, 2018, $3M — Whiteboard Capital, Tomorrow Capital

## Investors

- Whiteboard Capital (https://capitalatlas.ai/funds/whiteboard-capital) — Series A
- Tomorrow Capital (https://capitalatlas.ai/funds/tomorrow-capital) — Series A
- Lightbox Ventures (https://capitalatlas.ai/funds/lightbox-ventures) — Series A, Series C
- STIC Investments (https://capitalatlas.ai/funds/stic-investments) — Series C