The company’s future plans entail opening 500 new franchisees thus creating a network of more than 1000 franchisees in the current year – 2022
Kolkata-based TABLT Pharmacy has raised $1.5 million in pre-series A round from investors like JITO Angel Network, Tech Innovation (Chennai based), Let’s Venture, Seeders Syndicate (Kolkata based), Angel Bay and other angel investors. Also, the founders have themselves participated in this round.
Tablt Pharmacy deals in medicines, OTCs, and other healthcare products.
Speaking on the pre-A series fundraising, Anish Agarwal, Founder, Tablt Pharmacy says, “We are very excited about raising a pre-A series round of funding. I would like to add here that the company has achieved six-fold growth since April 2020. Now, we are geared up for four times growth in the next 15 months.”
The company’s future plans entail opening 500 new franchisees thus creating a network of more than 1000 franchisees in the current year – 2022.
Funds will be deployed to build teams across tech, product & marketing functions. Besides, it has plans to open ‘Fulfilment Centres’ in Bhubaneswar, Patna and Siliguri. It is aiming to tie up with strategic partners in the healthcare ecosystem.