Netmeds
India's most convenient online pharmacy
Chennai, India · Founded 2010 · $99.0M raised
- Headquarters
- Chennai
- Employees
- 201–500
- Founded
- 2010
- Business Model
- B2C
- Website
- netmeds.com
- Total Funding
- $99.0M
- Last Round
- $35.0M Series CSep 2018
- Rounds
- 3
About
Netmeds.com is one of India's most trusted online pharmacies, offering a wide range of prescription medicines, over-the-counter drugs, wellness products, and healthcare supplies with home delivery across more than 20,000 pin codes nationwide. Founded in 2010 by Pradeep Dadha and promoted by Dadha Pharma — a Chennai-based pharmaceutical company with roots dating back to 1914 — Netmeds serves over 9 million customers and also provides generic medicine alternatives for significant cost savings. In August 2020, Reliance Retail acquired a 60% majority stake in Netmeds' parent company for approximately $83 million, integrating the platform with JioMart. The service remains operational and continues to operate under the Netmeds brand.
Summary
Netmeds is an E-Commerce company based in Chennai, India, founded in 2010. It has raised $99.0M in total across 3 rounds, most recently a $35.0M Series C round in Sep 2018. Investors include OrbiMed and Sistema Asia Capital.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Sep 2018
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Venture Round through Series C — per-round amounts, valuations, and who invested in each round.
Investors
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