Date | Title | Description |
11.08.2025 | Truemeds Secures $85 Million to Revolutionize India's Healthcare Access | Truemeds, a leading e-pharmacy, secured $85 million in Series C funding. Accel and Peak XV Partners led the investment. This significant capital injection accelerates its mission. The company targets India's vast non-metro regions. It deliv... |
11.08.2025 | Truemeds raises $85M to target non-metro markets | Epharmacy and telehealth platform Truemeds has raised $85 million in Series C funding to accelerate its push into smaller cities and towns.
The financing, completed in two tranches, was led first by Accel and later by Peak XV Partners, with... |
11.08.2025 | Truemeds closes $85 million funding led by Accel and Peak XV Partners | Synopsis
Truemeds, a telehealth platform, has received $85 million in funding. Accel and Peak XV Partners led the investment round. The company plans to expand its fulfillment centers and team. They will also establish a technology hub in B... |
21.01.2025 | Zepto eyes 10-min medicine delivery space | In a move to enter the medicine delivery space, Zepto has introduced ‘Zepto Pharmacy’ as part of its pilot programme in select locations across Bengaluru, Mumbai, and Hyderabad.
The offering is integrated within the company’s main app and o... |
14.12.2024 | E-commerce platforms to adopt Safety Pledge to protect online consumers on December 24 | Major e-commerce platforms such as Zomato, Ajio and Ola will adopt a Safety Pledge on National Consumer Day on December 24 as part of steps to enhance product safety for online shoppers.
The voluntary commitment, announced by the Department... |
25.07.2024 | The Rising Tide of ESOP Buybacks in India's Startup Ecosystem**
** | ** In the bustling world of Indian startups, a new trend is emerging: employee stock ownership plan (ESOP) buybacks. This financial maneuver is reshaping the landscape for employees and investors alike. Recently, Adda247, a Google-backed ed... |
22.07.2024 | Rohit Bansal and Kunal Bahl reserve 200X return from Urban Company | The co-founders of Snapdeal, Kunal Bahl and Rohit Bansal, have seen a significant return on their investment through Urban Company through Titan Capital, their early-stage investment platform.
According to sources, the two had contributed a... |
18.07.2024 | Kunal Bahl and Rohit Bansal book 200X return from Urban Company | Snapdeal co-founders Kunal Bahl and Rohit Bansal have made a hefty return on their investment in Urban Company via their early-stage investment platform Titan Capital.
Through Titan Capital, the duo had invested Rs 57 lakh total in Urban Co... |
30.04.2024 | PharmEasy raises $216m in round led by Ranjan Pai's MEMG: Report | Indian online pharmacy platform PharmEasy has raised Rs 1,804 crore ($216 million) in a round led by Ranjan Pai’s Manipal Education and Medical Group (MEMG) and existing investors, Entrackr reported.
MEMG led the round with Rs 800 crore, wh... |
20.10.2022 | These 4 Indian Startups Are Transforming Healthcare & Making It Futuristic! | The way patients are treated globally has been changed by technology, and this trend will continue. Digital technology, especially AI, has started to improve the healthcare sector in a number of ways, from pharmaceutical creation to assisti... |
09.07.2021 | SoftBank in talks to invest up to $200m in Indian online pharmacy PharmEasy | Premium
Japanese investment behemoth SoftBank is in talks to invest about $150-200 million in API Holdings Pvt, the parent company of online pharmacy PharmEasy.
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25.01.2021 | [What The Financials] Reliance-Acquired Netmeds Losses Balloon After 44% Lower Revenue In FY20 | Netmeds Marketplace, the B2C ecommerce unit of online pharmacy Netmeds, saw its total income decline by 44% to INR 7.7 Cr in FY20 from INR 13.93 Cr in the fiscal year 2018-19 (FY19). The company had a negative net worth of INR 14.2 Cr as pe... |
18.08.2020 | India’s Reliance Retail acquires a majority stake in online pharmacy Nedmeds’ parent firm for $83.2M | Reliance Retail has bought a 60% stake in pharma marketplace Netmeds’ parent firm Vitalic for about $83.2 million, it said today, as India’s largest retail chain looks to expand into new categories and compete more closely with American e-c... |
07.05.2020 | Demystifying Digital Sales during a Time of Crisis: One Landing Page at a Time | Staff Reporter, Tech Times 07 May 2020, 07:05 am
(Photo : pexels)
There was a time when going digital was considered optional - or even a luxury. Not anymore. With the global pandemic, COVID-19, impacting every business sector across the wo... |
06.05.2020 | Reliance in talks to acquire majority stake in Netmeds | Mukesh Ambani-led Reliance Industries Limited is reportedly in advanced talks to acquire a majority stake in Chennai-based online pharmacy Netmeds.
As a part of the deal, Reliance may integrate $130-$150 million for the asset through one of... |
09.10.2019 | NetMeds raising Rs 250 Cr convertible debt from Tresara | Online medicine ordering has been catching on in India. Convenience, discounts and accessibility have been prime drivers for the growth of startups such as Medlife, 1mg, PharmEasy, Sastasundar and NetMeds.
Since facilitating medicine at con... |
29.04.2019 | Netmeds scores $11.3 Mn from parent Tresara in past 5 months | Online pharmacy Netmeds has quietly transferred Rs 79.45 crore ($11.28 million based on an average exchange rate for past 5 months) from its associated entity Tresara Health Private Limited to Netmeds Marketplace Limited.
While it can’t be ... |
25.03.2019 | Netmeds buys out KiViHealth with $10 Mn investment commitment | Online pharmacy marketplace Netmeds has acquired clinic management platform KiViHealth in a cash-and-stock deal.
As a part of the deal, Netmeds has committed $10 million fund to integrate and grow the KiViHealth’s business segment. The inte... |
17.09.2018 | Indian patient-doctor platform DocPrime gets $50M for city expansion | Less than three months after it raised $200 million led by SoftBank’s mighty Vision Fund, Indian digital insurance startup PolicyBazaar beefed up its new healthcare business through a $50 million capital injection.
DocPrime, which lets visi... |
01.09.2018 | Online pharmacy NetMeds secures $35 mn from Cambodian business group, others | Online pharmacy NetMeds Marketplace Pvt. Ltd has raised $35 million (Rs 247 crore at current exchange rates) in a Series C funding round from Southeast Asian business conglomerate Daun Penh Cambodia Group based in Singapore, a company state... |
09.01.2018 | Online pharmacy Netmeds raises $14 m from Tanncam, Sistema Asia Fund | Online pharmacy Netmeds has raised $14 million (over ₹90 crore) in the latest round of funding from Cambodian investment holding company Tanncam and venture firm Sistema Asia Fund.
Tanncam and Sistema will join early investors investment ba... |
31.10.2017 | India: Online pharmacy Netmeds raises $14m from Tanncam, Sistema Asia | Premium
Online pharmacy Netmeds has raised a $14 million funding round from Cambodian investment firm Tanncam and venture capital investment firm Sistema Asia Fund.
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31.10.2017 | Online drug marketplace NetMeds raises $14 mn from Tanncam, Sistema | Online pharmacy NetMeds Marketplace Pvt. Ltd has raised $14 million (Rs 90 crore) in a new funding round led by Tanncam Investment, a Cambodian investment holding company, and Sistema Asia Fund, the venture capital fund of Russian conglomer... |
31.10.2017 | Online pharmacy marketplace Netmeds secures $14 m led by Tanncam | Online pharmacy marketplace Netmeds has secured an investment of $14 million led by Tanncam, a Cambodian investment holding company, which was joined by Sistema Asia Fund, the India-centric venture fund, spun off by, Sistema, Russia’s large... |
20.04.2016 | 1mg gets $16 million Series B to make India’s health industry more transparent | India’s pharmaceutical market is filled with generic options—but they don’t always save consumers money. In fact, some drugs are even more expensive than their branded counterparts. Created to give patients more power over their health cost... |
26.10.2015 | Netmeds.com closes $50 million in funding | OrbiMed was joined in the investment by chief executive officer and founder Pradeep Dadha’s family investment fund and boutique investment bank MAPE Advisory Group.
Netmeds.com closes $50 million in funding 1 min read . Updated: 26 Oct 2015... |
04.05.2015 | Boutique I-bank MAPE to invest in yet-to-launch online pharmacy startup NetMeds | Bangalore-headquartered mid-market investment banking firm MAPE Advisory Group is set to invest in Net-Meds Marketplace Pvt Ltd, which plans to launch an online pharmacy venture under Netmeds.com.
Netmeds' website currently not live and off... |
- | NetMeds Raising INR 250 Cr Convertible Debt From Parent Company Tresara | NetMeds, an online medicine selling company is in talks to raise approximately INR 250 Cr convertible debt from its parent company Tresara Health Pvt. Ltd. According to RoC filings with the Ministry of Corporate Affairs (MCA), the funds wou... |
- | News Roundup: 11 Indian Startup News Stories You Don’t Want To Miss This Week [June 15 – 20] | We bring to you the latest edition of News Roundup: Indian Startup Stories Of The Week!
Following objections raised by 8.5 Lakh brick-and-mortar retail chemists across India, the government informed the Delhi high court that it will be susp... |
- | [What The Financials] Reliance-Acquired Netmeds Losses Balloon After 44% Lower Revenue In FY20 | Infocus What The Financials
Inc42 unveils and deciphers all the important financial metrics of Indian startups across industries. Find out revenues, unit economics, profit & loss and all the important financial metrics to judge how the ... |
- | Healthtech Startup Netmeds May Raise $100 Mn In Series D Funding | Chennai-based Healthtech startup Netmeds is reportedly in talks to raise a $100 Mn funding round. Swiss financial services company Credit Suisse is said to be the investment banker in this funding deal, according to a LiveMint report which ... |
- | Online Pharma Netmeds Raises $35 Mn Series C Funding, Onboards Second Cambodian Investor | Chennai-based online pharma chain Netmeds has raised $35 Mn in a Series C funding round from its existing investors, and medicine distributor and importer Daun Penh Cambodia Group (DPCG).
Daun Penh was joined in the round by Netmed’s existi... |
- | Bringing Affordable Healthcare To Rural India: Online Pharmacy Netmeds Secures $14 Mn Funding From Tanncam And Sistema Asia Fund | Online pharmacy Netmeds, has raised $14 Mn funding in a round led by Cambodian investment holding company Tanncam. The round also saw the participation of the Sistema Asia Fund.
The startup is looking to utilise the capital infusion for exp... |
- | MAPE Advisory Group To Invest $5 Mn In Yet-To-Be Launched Online Pharma Startup Net-Meds | Image Via ShutterStock
Indian Ecommerce firms after raising funds from the sovereign wealth funds such as GIC, hedge funds such as Steadview Capital and corporate honchos like Ratan Tata and Azim Premji, are ready to receive plethora of ave... |