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NetMeds
Biotech & Life Sciences · Chennai, India · Founded 2010
Netmeds.com: Indian Online Pharmacy | Buy Medicines Online, Fast Delivery MoreLess
Netmeds.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.
Company overview
NetMeds company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2010
- Headquarters
- Chennai, India
- Employees
- 1,584
- Open positions
- None listed
- Dealroom signal
- 86.3
- Investment activity
- 2 companies · latest Mar 2019
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
NetMeds funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Aug 2020 | $83M | — | Reliance Retail | — |
| SERIES COther financing | Sep 2018 | $35M | $140M | Daun Penh Cambodia Group | — |
| LATE VCOther financing | Oct 2017 | $14M | $56M | OrbiMed · Sistema Asia Capital | — |
| LATE VCOther financing | Oct 2015 | $50M | $200M | Undisclosed | — |
Growth signals
NetMeds website traffic
Latest recorded traffic for NetMeds is 6.8M monthly website visits, down 2.9% over the last three months. NetMeds's team grew 137.8% over the past year.
Comparisons
NetMeds compared with similar companies
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Capital deployed
NetMeds investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
KiviHealthGurugram, IndiaHealth-tech startup that aims to provide an affordable, patient-centric, digital health information management system
$1.6Mvaluation
JustDocBengaluru, IndiaJustDoc | Online Doctor Consult | Ask a Doctor
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Talent graph
NetMeds's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where NetMeds has talent and traffic
team presence
In the news
Latest news about NetMeds
Recent press, funding announcements, and product moves mentioning NetMeds — open to read from the original sources.
Market sentiment
What the market is saying about NetMeds
An AI-synthesized read of the highest-engagement posts about NetMeds on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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