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MEDdelivery raises around $1 million investment

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Currently operating in 8+ cities with over 3000+ retail pharmacies using their unique platform to procure supplies, the startup plans to expand their reach in 100+ non metro cities in the next 18-24 months

The Jaipur based B2B startup, MEDdelivery has raised around a million dollar in investments from investors like Auxano Entrepreneur Trust, Lets Venture, Kisho Capital, Venture Garage, Faad Network and Marquee Angels.

Aastha Dusad, Co-Founder, MEDdelivery said, “With MEDdelivery, our aim is to increase accessibility, availability, and affordability of medicines especially in non-metro markets which are dominated by locally-run pharma companies.”

Offering a wide ranging catalog of over 1 million SKU’s from 10,000+ different pharmaceutical brands, they have achieved an annualised Gross Merchandise Volume of over Rs 48 crore by catering to small retail pharmacies in Jaipur, with a daily average order size of Rs 5,000 to Rs 15,000.

Rohit Bafna Co-Founder, MEDdelivery said, “With local medical stores playing a vital role in these testing times by providing priority healthcare to more than 10 million people everyday, we’ve ensured that they have absolutely no hassle while ordering stocks and the supply chain is running efficiently.”

Currently operating in 8+ cities with over 3000+ retail pharmacies using their unique platform to procure supplies, the startup plans to expand their reach in 100+ non metro cities in the next 18-24 months.

Rahul Gautam, Co-Founder, MEDdelivery said, “Our uniquely designed, community-driven data support enables us to provide 100% fulfilment of all products to all our customers. We strive to achieve efficiency for all stakeholders in the pharma supply chain by increasing accessibility, availability and affordability of medicines.”

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