NetMeds
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $50.0m | Late VC | |
$14.0m | Late VC | ||
$35.0m | Series C | ||
$82.6m | Acquisition | ||
Total Funding | $99.0m |
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EditNetmeds.com is an online pharmacy that serves over 4 million customers across India, providing a comprehensive range of healthcare products and services. The company operates in the digital healthcare market, offering prescription medications, over-the-counter pharmaceuticals, general health products, and traditional medicines such as Ayurveda, Unani, and Homeopathy. Netmeds.com also provides lab tests and online doctor consultations, making it a one-stop solution for healthcare needs. The business model is based on e-commerce, where customers can browse and purchase products online, upload prescriptions, and have their orders delivered to their doorstep. Netmeds.com generates revenue through the sale of healthcare products and services, as well as through its loyalty program, Netmeds First, which offers additional benefits like cashback, free delivery, and priority processing. The company has been recognized for its contributions to digital healthcare, winning awards such as 'Best Digital Healthcare Start-up' and 'Digital Healthcare Company of the Year' by ET Now World Health and Wellness Congress in 2019.
Keywords: online pharmacy, prescription medications, lab tests, doctor consultations, healthcare products, Ayurveda, Unani, Homeopathy, e-commerce, digital healthcare.