PharmEasy - About the company
PharmEasy is a series F company based in Mumbai (India), founded in 2015 by Siddharth Shah, Dhaval Shah, Dharmil Nirupam Sheth, Mikhil Innani, Harsh Parekh and Hardik Dedhia. It operates as an Online medical store offering pharmaceutical products and diagnostic services. PharmEasy has raised $688M in funding from investors like Temasek, Ascent Health & Wellness Solutions and Bessemer Venture Partners, with a current valuation of $*****. The company has 3061 active competitors, including 134 funded and 101 that have exited. Its top competitors include companies like Alto, NimbleRx and Blink Health.
Company Details
Online medical store offering pharmaceutical products and diagnostic services. The platform facilitates the procurement of prescription medications, over-the-counter health products, and medical equipment. It coordinates with registered pharmacies to fulfill orders and manages the collection of biological samples for laboratory testing. Diagnostic results are processed and delivered to individuals for health monitoring purposes.
- Website
- pharmeasy.in
- Social
- Email ID
- *****@pharmeasy.in
- Phone Number
- +91 **********
- Registered Address
- E-SHAPE BUILDING, 1ST FLOOR, ASHOK SILK MILLS, COMPOUND 202, L.B.S. MARG, GHATKOPAR (WE, ST), Mumbai City, MUMBAI, Maharashtra, India, 400086
Key Metrics
Founded Year
2015
Location
Mumbai, India
Stage
Series F
Total Funding
$688M in 11 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 25, 2024
Ranked
10th among 3061 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
488 as on Apr 30, 2026
Legal entities associated with PharmEasy
PharmEasy is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Threpsi Solutions Private Limited CIN: U74999MH2019PTC320524 , India, Active | Feb 01, 2019 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 480 (As on May 01, 2026) | |
THEA TECHNOLOGIES PRIVATE LIMITED CIN: U72900MH2015PTC263734 , India, Amalgamated | Apr 23, 2015 | ₹100 - ₹500 Cr (As on Mar 31, 2019) | 226 (As on Aug 31, 2020) | |
91streets Media Technologies Private Limited CIN: U74999MH2014PTC259739 , India, Amalgamated | Nov 26, 2014 | ₹100 - ₹500 Cr (As on Mar 31, 2019) | 426 (As on Aug 01, 2020) | |
AXELIA SOLUTIONS PRIVATE LIMITED CIN: U74999MH2019PTC320220 , India, Active | Jan 28, 2019 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 7 (As on May 01, 2026) |
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PharmEasy's funding and investors
PharmEasy has raised a total funding of $688M over 11 rounds. Its first funding round was on 2015. Its latest funding round was a Conventional Debt round on Sep 16, 2025 for $*****. 2 investors participated in its latest round. PharmEasy has 41 institutional investors and 55 angel investors.
Here is the list of recent funding rounds of PharmEasy:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 16, 2025 | 6782163 | Conventional Debt | 5593903 | 6459678 | 7785354 | 3910955 |
May 10, 2022 | 8337609 | Series F | 6263976 | 4836511 | 2784687 | |
Feb 21, 2022 | 7235934 | Series F | 8913008 | 7592762 | 6076823 |
Access funding benchmarks and valuations. Sign up today!View details of PharmEasy's funding rounds and investors
PharmEasy's founders and board of directors
Founder? Claim ProfileThe founders of PharmEasy are Siddharth Shah, Dhaval Shah, Dharmil Nirupam Sheth, Mikhil Innani, Harsh Parekh and Hardik Dedhia.
Here are the details of PharmEasy's key team members:
- Siddharth Shah: Co-Founder of PharmEasy and founder of 4 other companies, including Ascent Health & Wellness Solutions, Monethics and Dialhealth. They are also an angel investor in 4 startups.Contact Info: 1 email address and 1 phone number
- Dhaval Shah: Co-Founder of PharmEasy and founder of 1 other company. They are also an angel investor in 2 startups and serve on the boards of 2 companies.Contact Info: 2 email addresses and 1 phone number
- Dharmil Nirupam Sheth: Former Co-Founder of PharmEasy and founder of 2 other companies, API Holdings and 91Streets. They are also an angel investor in 1 startup and serve on the boards of 2 companies.Contact Info: 3 email addresses and 2 phone numbers
- Mikhil Innani: Co-Founder of PharmEasy.
- Harsh Parekh: Co-Founder of PharmEasy. Contact Info: 1 email address
PharmEasy's Board of Directors
PharmEasy's board has 3 active members. Kalpana Srinivasan, Uday Patel Kadam and Rajaganesan Rajbalaji are independent board members.Here is the list of PharmEasy's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 0y 9m | |
qtxfvtx | Independent board member | - | Current | 6y 1m |
afq{fqc | Independent board member | - | Past | 8y 8m |
View details of PharmEasy's Founder profiles and Board Members
PharmEasy's employee count trend
PharmEasy has 488 employees as of Apr 26. The total employee count is 1.0% lower than what it was in Apr 25. Here is PharmEasy's employee count trend over the years:
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PharmEasy's Competitors and alternates
Top competitors of PharmEasy include Alto, NimbleRx and Blink Health. Here is the list of Top 10 competitors of PharmEasy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | _1584015723684.png?devicePixelRatio=2&height=30&width=30){kind=logo} Alto 2015, San Francisco (United States), Acquired | Online pharmacy offering prescription delivery services | $592M | 75/100 | |
2nd | NimbleRx 2015, Palo Alto (United States), Acquired | Provider of digital pharmacy management software and prescription delivery services | $74.7M | 75/100 | |
3rd |  Blink Health 2015, New York City (United States), Series B | Online pharmacy offering discounted prescription drugs | $165M | 75/100 | |
4th | Pharmacy2U 1999, Leeds (United Kingdom), Series C | Online pharmacy and teleconsultation platform | $313M | 74/100 | |
5th | SastaSundar 2011, Kolkata (India), Acquired | Provider of an online marketplace for health care products | $48.2M | 74/100 | |
6th | Online pharmacy providing pharmacy products and healthcare services | $88.3M | 74/100 | ||
7th |  API Holdings 2012, Mumbai (India), Series F | Digital healthcare management tool | $1.19B | 73/100 | |
8th | Web/mobile platform to order for general & prescription based medicines | $1.28M | - | 72/100 | |
9th |  Arogga 2020, Dhaka (Bangladesh), Seed | Provider of an online pharmacy for healthcare products | $5.7M | 70/100 | |
10th | Online medical store offering pharmaceutical products and diagnostic services | $688M | 70/100 |
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PharmEasy's Investments and acquisitions
PharmEasy has made 2 investments in companies including BeatO and Makeo. PharmEasy has also acquired 2 companies including Medlife and Medlife.Here is the list of investments & acquisitions:Filter this list
Filter this list_1584017160332.png?devicePixelRatio=2&height=20&width=20){kind=logo}
Reports related to PharmEasy
Here is the latest report on PharmEasy's sector:
News related to PharmEasy
Filter this listMedia has covered PharmEasy for a total of 14 events in the last 1 year, 7 of them have been about company updates and 2 about partnerships.
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PharmEasy Launches 'You Think It’s Viral' Campaign to Promote Early Diagnosis and Doctor ConsultationBusinessnewsthisweek•Jul 03, 2026•PharmEasy
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PharmEasy Founders' Startup AllHome Raises Rs 200 Crore in Series B Funding Led by BessemerMoneycontrol•Jun 26, 2026•PharmEasy
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PharmEasy Commits to Expanding Access to GLP-1 Therapies and Holistic Weight Management SupportBusinessnewsthisweek•Feb 27, 2026•PharmEasy
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PharmEasy Report: Rise in adoption of branded substitutes & 60 Percent savings for usersBusinessnewsthisweek•Feb 25, 2026•PharmEasy
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PharmEasy Partners with Samsung Health to launch ‘Find Care’ featureIndiaMedToday•Feb 21, 2026•PharmEasy, Samsung, Tata 1mg
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PharmEasy Expands Online Doctor Consultations to Deepen Access to Everyday CareIndiaMedToday•Feb 11, 2026•PharmEasy, Samsung
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Rising HPV Vaccine Uptake Signals Shift Towards Preventive HealthcareMedia Bulletins•Jan 30, 2026•PharmEasy
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PharmEasy raises $193M debt to clear Goldman Sachs loan after 90% valuation cutStartupNews•Sep 16, 2025•360 One, PharmEasy, Goldman Sachs
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