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Wellness Forever Medicare Limited
https://wellnessforever.com/Last activity: 21.04.2025
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Wellness Forever is India’s third-largest retail pharmacy and wellness products chain in terms of revenue. Operating a large omnichannel and hyperlocal retail network of 24x7 stores, the Wellness Forever brand focuses on providing customers with a cohort of pharmaceutical, nutraceutical, lifestyle and wellness products. Its present catalogue boasts of over 90,000+ products, including curative & preventive medicines.
Founded in 2008 with a single store, Wellness Forever now operates over 250+ stores across Maharashtra, Goa, and Karnataka, giving it a leading market position in western India in terms of revenue.
The Wellness Forever brand is committed to product safety and earning consumer trust above all else. And spaces such as its one lakh square feet ZEDC (Zero Error Distribution Center) facility in Bhiwandi, on the outskirts of Mumbai, ensure 100% accuracy when it comes to stocking, storing, maintaining cold chain & updating the latest products & medicines.
Mentored & backed by reputed business leaders from corporations such as the Allana Group, Patni Group, Poonawalla Group & Thakral Corporation, Wellness Forever ultimately aims to be India’s most respected chain of pharmacy & wellness stores.
Founded in 2008 with a single store, Wellness Forever now operates over 250+ stores across Maharashtra, Goa, and Karnataka, giving it a leading market position in western India in terms of revenue.
The Wellness Forever brand is committed to product safety and earning consumer trust above all else. And spaces such as its one lakh square feet ZEDC (Zero Error Distribution Center) facility in Bhiwandi, on the outskirts of Mumbai, ensure 100% accuracy when it comes to stocking, storing, maintaining cold chain & updating the latest products & medicines.
Mentored & backed by reputed business leaders from corporations such as the Allana Group, Patni Group, Poonawalla Group & Thakral Corporation, Wellness Forever ultimately aims to be India’s most respected chain of pharmacy & wellness stores.
Overview
Location
India, Maharashtra, Mumbai
Employees
1001-5000
Total raised
$17.68M
Founded date
2008
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 6
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| Apr 21, 2025 | Beverage startup Rio Innobev raised Rs 10 Cr from Atomic Capital | Rio Innobev, a beverage company, has raised Rs 10 crore in its first institutional fundraising round, which was led by Atomic Capital and included participation from other investors. According to a press release from Rio Innobev, the new fu... |
| Nov 9, 2020 | Retail Pharmacy Chain Company Wellness Forever Raises Rs 130 Crore From Poonawalla, Allana Group | Advertisment According to the reports, Allana Group owns a 0.79% stake in Wellness Forever Medicare Pvt. Ltd., While Serum Institute owns about a 15% stake in the company. The company said that it is profitable since its founding, generat... |
| Nov 9, 2020 | [Funding alert] Pharmacy chain Wellness Forever raises Rs 130 Cr from Poonawalla, Allana Group | Mumbai-headquartered retail pharmacy chain Wellness Forever on Monday announced that it has raised Rs 130 crore in funding led by UAE-based Allana Group and Serum Institute CEO Adar Poonawalla. Existing investors including banker and renown... |
| Apr 7, 2015 | Pharmacy chain Wellness Forever raises $3.4M from a group of private investors | Mumbai-based retail pharmacy chain Wellness Forever Medicare Pvt Ltd has raised Rs 20 crore ($3.4 million) from a consortium of high net-worth individuals (HNIs) and family offices led by Rajiv Dadlani Group, as per a company release. Other... |
| Retail Pharmacy Chain Wellness Forever Raises INR 130 Cr, Plans To Add 150 More Stores | Mumbai-based retail pharmacy chain Wellness Forever has raised INR 130 Cr from Serum Institute CEO Adar Poonawalla and UAE-based Allana Group. The round saw participation from existing investors which include banker and investor Rajiv Dadla... |
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FAQ about Wellness Forever Medicare Limited
When was Wellness Forever Medicare Limited founded?
Wellness Forever Medicare Limited was founded in 2008.
How much funding has Wellness Forever Medicare Limited raised?
Wellness Forever Medicare Limited has raised $17.68M in total across 1 funding round.
What has the press written about Wellness Forever Medicare Limited?
Parsers VC has collected 6 articles mentioning Wellness Forever Medicare Limited, among them “Beverage startup Rio Innobev raised Rs 10 Cr from Atomic Capital” (Apr 21, 2025) and “Retail Pharmacy Chain Company Wellness Forever Raises Rs 130 Crore From Poonawalla, Allana Group” (Nov 9, 2020).
Is Wellness Forever Medicare Limited still active?
Yes, Wellness Forever Medicare Limited is active; its latest activity on Parsers VC dates from Apr 21, 2025.