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NetMeds
Netmeds.com: Indian Online Pharmacy | Buy Medicines Online, Fast Delivery
About NetMeds
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.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2010
- Headquarters
- Chennai, India
- Employees
- 1,584
- Open positions
- None listed
- Dealroom signal
- 86.3/100
- Industry
- Health, Wellness Beauty
- Sub-industry
- BioTechnology, Health Platform
- Sector
- Biotech & Life Sciences, Personal Health, Diabetes, Dietary Supplements, Pharmacy, Biotechnology, Superfood, Biotech and Pharma, Hard Tech
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
- Investment activity
- 2 companies, latest Mar 2019
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
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 | — |
Growth signals
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.
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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
→
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later3 investors entered at this stage
OrbiMed
Sistema Asia Capital
Daun Penh Cambodia Group
Other known investors1 additional known investor
Reliance Retail
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about NetMeds on X, ranked by likes and reposts, corporate channels excluded.
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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