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Pharmearth

Medlife is an India-based online pharmacy that allows users to order and buy medicines. Read more

Ananth Narayanan's photo - Co-Founder & CEO of Pharmearth

Co-Founder & CEO

Ananth Narayanan

CEO Approval Rating

89/100

Founded:

2014

Status:

PrivateIndependent Company

PHARMEARTH TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

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1mg is Pharmearth's top competitor. 1mg is headquartered in Gurugram, Haryana, and was founded in 2015. Like Pharmearth, 1mg also operates in the Telemedicine field. 1mg generates 12% the revenue of Pharmearth.

Netmeds is seen as one of Pharmearth's top competitors. Netmeds's headquarters is in Chennai, Tamil Nadu, and was founded in 2015. Netmeds is in the Pharmacy, Health & Beauty field. Netmeds generates 9.82% of Pharmearth's revenue.

Practo has been one of Pharmearth's top competitors. Practo was founded in 2008, and its headquarters is in Bengaluru, Karnataka. Like Pharmearth, Practo also works within the Telemedicine industry. Practo has 3,400 fewer employees than Pharmearth.

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Growth Score - 1/1

Is $50.9M a good estimate for Pharmearth's revenue?

Pharmearth Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Metarain Distributors Private Limited

May 2019

Source »
undisclosed
Myra Medicines is a mobile-based application that allows users to order medicines, baby care, dental and hygiene products.
MedLabz

Jan 2019

Source »
undisclosed
Medlabz is a digital healthcare platform that provides wellness and diagnostic test services for individuals and corporates.
Ghencea Medical Centre

Jun 2018

Source »
undisclosed
-

These are all the companies that Pharmearth has acquired. Pharmearth has acquired 3 companies and its latest acquisition was Metarain Distributors Private Limited in May 2019. Myra Medicines is a mobile-based application that allows users to order medicines, baby care, dental and hygiene products.

Pharmearth Funding History

Since Pharmearth was founded in 2014, it has participated in 6 rounds of funding. In total Pharmearth has raised $212.4M. Pharmearth's last funding round was on Aug 2020 for a total of $6.8M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Aug 2020
$6.8M
-
Equity
Aug 2020
$22.3M
-
Debt
Aug 2020
$668.7K
Debt
Dec 2019
$15.5M
-
Equity
Aug 2019
$150M
-

Since Pharmearth was founded in 2014, it has participated in 6 rounds of funding. In total Pharmearth has raised $212.4M. Pharmearth's last funding round was on Aug 2020 for a total of $6.8M

Pharmearth Investments

No recent investments found related to Pharmearth

These are all the companies that Pharmearth has invested in. Pharmearth has invested 3 companies and its latest investment was Metarain Distributors Private Limited in May 2019. Myra Medicines is a mobile-based application that allows users to order medicines, baby care, dental and hygiene products.

Pharmearth News

March 15, 2021Romania Insider

Dent Estet and Dr. Leahu compete for first place in RO dentistry services market

Dent Estet, part of BVB-listed medical services group MedLife (M), announced on March 12 that it rema... See more »
February 15, 2021Romania Insider

RO medical services provider MedLife completes capital increase

Romanian private medical services provider MedLife (M), listed on the Bucharest Stock Exchange (BVB),... See more »
December 21, 2020Inc42 Magazine

MedPlus Close To Raising Funds From Warburg Pincus To Take On Healthtech Rivals

Looking to take on Apollo Pharmacy, Pharmeasy-Medlife, Reliance-owned Netmeds and others in the ephar... See more »
December 3, 2020LaingBuisson

MedLife boosts Covid lab network

MedLife, the largest private medical operator in Romania, has acquired Veridia Medical Center in Buch... See more »
November 20, 2020Romania Insider

Major RO medical services chain MedLife takes over testing center in Bucharest

MedLife, the private medical services market leader in Romania, announced on Thursday, November 19, t... See more »
November 18, 2020Romania Insider

MedLife's largest hospital in western Romania becomes COVID-19 support unit

MedLife, the leader of the private medical services market in Romania, announced on Tuesday, November... See more »
October 29, 2020LaingBuisson

MedLife completes acquisition of Ghencea Medical

MedLife, the largest private medical operator in Romania, has acquired the final 10% stake in Ghencea... See more »

Pharmearth Blogs

March 8, 2021Pharmearth Blog

Is COVID-19 Over?

Since the last two months, the COVID-19 vaccination drive is getting executed at a great pace all acr... See more »
February 25, 2021Pharmearth Blog

COVID-19 Pandemic & Increasing Cases of Depression

The COVID-19 pandemic has been hard on everyone all over the world. But it has been specifically hard... See more »
February 11, 2021Medlife Blog

Diabetes Mellitus: Types, Risk Factors, Symptoms, Treatments

What is Diabetes Mellitus? Diabetes Mellitus (or Diabetes) is a disease which affects your body; wher... See more »
February 10, 2021Pharmearth Blog

Covid-19 Vaccines Are Absolutely Safe

The year 2020 tested the patience of the world with a novel coronavirus, the COVID-19 which originate... See more »
February 9, 2021Medlife Blog

9 Early Warning Signs And Symptoms Of Type 2 Diabetes

Our body utilizes energy in various ways. When we eat food, our body produces a hormone known as Insu... See more »
February 9, 2021Medlife Blog

The Best Diabetes-Friendly Diets to Help You Lose Weight

Diabetes (also called diabetes mellitus) is a medical condition that occurs either when the pancreas ... See more »
February 4, 2021Medlife Blog

COVID-19 threatens to erase years of progress in our fight against cancer.

Prior to the pandemic, death rates in some types cancer had started to stabilise or even decrease as ... See more »

Pharmearth Press Releases

November 24, 2016openPR

Your ticket to Earnings on internet

Your ticket to Earnings on internet MedLife, the leader in online pharmacy, has launched MedLife Affi... See more »

Pharmearth Videos

Social Media

Pharmearth Headquarters

Langford Road 5th & 6th Floor, Shanti Nagar

Bengaluru, Karnataka560027

1860-1234-1234

Driving Directions »

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Pharmearth Summary

ABOUT

Overview

Medlife is an India-based online pharmacy that allows users to order and buy medicines. Pharmearth was founded in 2014. Pharmearth's headquarters is located in Bengaluru, Karnataka, IN 560027. It has raised 212.4M in 6 rounds. The latest round was in ...

CEO

Pharmearth's Co-Founder & CEO, Ananth Narayanan, currently has an approval rating of 89%. Pharmearth's primary competitors are 1mg, Netmeds & Practo.

Frequently Asked Questions about Pharmearth

  1. When was Pharmearth founded?

    Pharmearth was founded in 2014
  2. Who is Pharmearth's CEO?

    Pharmearth's CEO is Ananth Narayanan
  3. How much revenue does Pharmearth generate?

    Pharmearth generates $50.9M in revenue
  4. How much funding does Pharmearth have?

    Pharmearth has historically raised $212.4M in funding
  1. Where is Pharmearth's headquarters?

    Pharmearth's headquarters is in Bengaluru Karnataka, IN
  2. How many employees does Pharmearth have?

    Pharmearth has 5,000 employees
  3. What sector does Pharmearth operate in?

    Pharmearth is in Internet Software, Telemedicine
  4. Who are Pharmearth's competitors?

    Pharmearth's top competitors are 1mg, Netmeds, Practo