Short Bio
PharmEasy is an online retailer of pharmaceuticals, diagnostics, and telehealth services based in India. Dharmendra Sheth and Dhaval Shah launched the business in 2015. PharmEasy has its headquarters in Mumbai. The main aim of the company is to provide affordable healthcare with just a single touch across India.
Overview
Company Name: | PharmEasy |
Also Know as: | N/A |
Type: | Private |
Industry: | Healthcare, E-commerce, Information technology, Retail |
Founded: | 2015 |
Founders: | Dharmendra Sheth & Dhaval Shah |
Headquarters: | Mumbai, Maharashtra |
Area Served: | India |
Revenue: | ₹5,729 crore (FY2022) |
Net Income: | ₹2,731 crores (FY 2022) |
Number of Employees | 1000 – 5000 |
Website: | www.pharmeasy.in |
History
Dharmendra Sheth and Dhaval Shah founded PharmEasy in 2015. In the company’s initial days, funding was provided by their parents. It was hard to manage to deliver medicines without a prescription. The company faced many challenges, but it stood firm and worked over its loopholes and other things.
PharmEasy did not enjoy overnight success. It has the hard work of eight years behind it. Today, PharmEasy is one of the leading healthcare apps that provides not only medicine delivery but also diagnostics and home lab tests. The company provides delivery to over 710 cities.
Services
Pharmeasy provides huge services with the aim of making health care in India more accessible and affordable. It provides online medicine delivery, online doctor consultation, diagnostic tests, health packages, and wellness products.
- Health Packages: A variety of health packages are available from PharmEasy that combine lab tests and medical consultations. These bundles are made to make it easier for clients to gain a complete picture of their health and spot any potential health problems.
- Wellness Products: PharmEasy provides a selection of wellness goods like vitamins, supplements, and toiletries. The PharmEasy app allows users to order these medications and have them delivered right to their door.
- Online Doctor Consultation: PharmEasy provides online consultations with licensed medical professionals in many specialities, including gynaecology, dermatology, and general medicine. On the PharmEasy app, users can schedule a consultation with a doctor and communicate with them via voice or video call.
Founder
Dharmil Sheth is a chartered accountant and a graduate of Narsee Monjee College of Commerce and Economics. He has worked in various industries, including finance and consulting, before co-founding PharmEasy.
Dhaval Shah is a software engineer and a graduate of the Indian Institute of Technology (IIT), Bombay. He has experience working in the technology industry and has also co-founded other startups before PharmEasy.
Mikhil Innani is a graduate of the Indian School of Business and has experience working in the healthcare industry. He has also co-founded other startups before PharmEasy.