Netmeds

NetMeds is an online pharmacy that allows users to buy prescription drugs, OTC medicines and healthcare products. Read more

2,313 Followers on Owler
2,313 Followers on Owler
2,313 Followers on Owler
2,313 Followers on Owler

Netmeds

NetMeds is an online pharmacy that allows users to buy prescription drugs, OTC medicines and healthcare products. Read more

Pradeep Dadha's photo - Founder & CEO of Netmeds

Founder & CEO

Pradeep Dadha

CEO Approval Rating

80/100

Founded:

2015

Status:

Est. Annual Revenue
Est. Employees
Sector

E-commerce

Headquarters
,
Tamil Nadu

NETMEDS TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

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Medlife is a top competitor of Netmeds. Medlife was founded in Bengaluru, Karnataka} in 2014. Medlife competes in the Internet Software industry. Compared to Netmeds, Medlife generates $40.9M more revenue.

1mg is Netmeds's #2 competitor. 1mg is headquartered in Gurugram, Haryana, and was founded in 2015. 1mg competes in the Telemedicine field. 1mg generates 337% the revenue of Netmeds.

PharmEasy has been one of Netmeds's top competitors. PharmEasy is a Private company that was founded in 2015 in Mumbai, Maharashtra. Like Netmeds, PharmEasy also competes in the E-commerce industry. Compared to Netmeds, PharmEasy has 949 more employees.

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Growth Score - 1/1

Is 251 a good estimate for Netmeds's Employee count?

Netmeds Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Kivi technologies

Mar 2019

Source »
$10M
KiViHealth is an online platform that allows users to search and book for a doctor's appointment for teeth, heart and skin problems.
Godel Technologies Private Limited

Sep 2018

Source »
$1M
JustDoc is an online doctor consultation platform that helps to connect patients and doctors for medical consultation.
Pluss

Nov 2016

Source »
undisclosed
Pluss is a health care delivery application that offers on demand delivery service for medicines, baby care, pet care and daily hygiene products.

These are all the companies that Netmeds has acquired. Netmeds has acquired 3 companies and its latest acquisition was Kivi technologies in Mar 2019. KiViHealth is an online platform that allows users to search and book for a doctor's appointment for teeth, heart and skin problems.

Netmeds Funding History

$50M$64M$99M$134.2M

Since Netmeds was founded in 2015, it has participated in 4 rounds of funding. In total Netmeds has raised $134.2M. Netmeds' last funding round was on Oct 2019 for a total of $35.2M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Oct 2019
$35.2M
-
Series C
Aug 2018
$35M
Equity
Oct 2017
$14M
Unattributed
Oct 2015
$50M

Since Netmeds was founded in 2015, it has participated in 4 rounds of funding. In total Netmeds has raised $134.2M. Netmeds' last funding round was on Oct 2019 for a total of $35.2M

Netmeds Investments

No recent investments found related to Netmeds

These are all the companies that Netmeds has invested in. Netmeds has invested 3 companies and its latest investment was Kivi technologies in Mar 2019. KiViHealth is an online platform that allows users to search and book for a doctor's appointment for teeth, heart and skin problems.

Netmeds News

August 20, 2020Express Computer

Sistema Asia Fund sells its stake in Netmeds

Read Article Sistema Asia Fund announced that it has sold its stake in Netmeds, one of India's leadin... See more »
August 20, 2020DealStreetAsia

Reliance expands healthcare portfolio with Netmeds deal

RIL will integrate its offline presence with its tech-enabled offerings to offer a bouquet of health ... See more »
August 19, 2020Business Standard

From telecom to retail, RIL splurges $3.1 bn in 3 years on acquisitions

Netmeds latest in long list of firms in which it has picked up stakes... See more »
August 19, 2020The Financial Express

Reliance enters e-pharmacy space with Netmeds acquisition

The move by Reliance comes barely days after Amazon said it is launching online pharmacy in Bengaluru... See more »
August 19, 2020MarketScreener

Investment in Vitalic Health Private Limited and its subsidiaries

(marketscreener.com) August 18, 2020 BSE Limited National Stock Exchange of India Limited ...https://... See more »
August 19, 2020The Financial Express

Netmeds to complement RIL's digital consultation, diagnostic test offering, say analysts

Billionaire Mukesh Ambani's Reliance Industries Ltd making its second acquisition in the e-pharmacy s... See more »
August 19, 2020The Hindu Business Line

Why the Netmeds acquisition is significant for Reliance Industries

It adds heft to the retail business and helps RIL take on Amazon and others in e-health market... See more »

Netmeds Blogs

January 20, 2018NetMeds Blog

The Best Diet to Treat IBS Symptoms

A healthy diet is a cornerstone in the treatment of irritable bowel syndrome (IBS), you may notice th... See more »
January 19, 2018NetMeds Blog

Sesame Seeds- Tiny with Huge Benefits

The sesame seed turns out to be the oldest seed oil source, first cultivated by man around 5000 years... See more »
January 18, 2018NetMeds Blog

Eating Dates Provides Powerful Health Benefits

Dates are healthy sweet treats in your daily diet. They are rich in carbohydrates, dietary fibre, pro... See more »
January 18, 2018NetMeds Blog

Gene Therapy: Can It Cure Diabetes?

The principles of gene therapy for diabetes type 1 emphasise mostly on the production of replaceable ... See more »
January 17, 2018NetMeds Blog

Brain Foods That Help You Concentrate

There is no denying that as we age chronologically, our bodies age right along with us. The good news... See more »
January 15, 2018NetMeds Blog

The Astonishing Benefits of Honey on Your Skin

Honey is remarkable for your skin thanks to its antibacterial properties and huge servings of skin-sa... See more »
January 14, 2018NetMeds Blog

Gaming is An Addiction Says WHO

The 11th International Classification of Diseases (ICD) by the World Health Organization will include... See more »

Netmeds Press Releases

February 13, 2017Webnewswire

Netmeds launches Medmemo, an app that will help reimbursement of medical bills in a minute

Get rid of accumulating bundles of medical bills; the new Medmemo app by Netmeds will make availing r... See more »
August 24, 2015BUSINESS WIRE INDIA

Netmeds.com and Stepathlon Introduce Medmemo, an Automated Pharmacy Record Management System

Business Wire IndiaThe Dadha Group owned NetMeds.com, India's first e-marketplace for pharma to offer... See more »
August 6, 2015WEB NEWSWIRE

Netmeds Launches Mobile App for Android and iOS User

The Dadha Group owned NetMeds.com, India's first e-marketplace for pharma to offer delivery across th... See more »

Netmeds Videos

Social Media

Netmeds Headquarters

No 49 & 50 L, Whites Rd 5th Floor, EA Chambers (Express Avenue)

Chennai, Tamil Nadu600014

91-72007-12345

Driving Directions »

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Netmeds Summary

ABOUT

Overview

NetMeds is an online pharmacy that allows users to buy prescription drugs, OTC medicines and healthcare products. Netmeds was founded in 2015. Netmeds' headquarters is located in Chennai, Tamil Nadu, IN 600014. It has raised 134.2M in 4 rounds. The la...

CEO

Netmeds's Founder & CEO, Pradeep Dadha, currently has an approval rating of 80%. Netmeds's primary competitors are Medlife, 1mg & PharmEasy.

Website

netmeds.com

Frequently Asked Questions about Netmeds

  1. When was Netmeds founded?

    Netmeds was founded in 2015
  2. Who is Netmeds's CEO?

    Netmeds's CEO is Pradeep Dadha
  3. How much revenue does Netmeds generate?

    Netmeds generates $10M in revenue
  4. How much funding does Netmeds have?

    Netmeds has historically raised $134.2M in funding
  1. Where is Netmeds's headquarters?

    Netmeds's headquarters is in Chennai Tamil Nadu, IN
  2. How many employees does Netmeds have?

    Netmeds has 251 employees
  3. What sector does Netmeds operate in?

    Netmeds is in E-commerce, Telemedicine
  4. Who are Netmeds's competitors?

    Netmeds's top competitors are Medlife, 1mg, PharmEasy