Funding · Healthcare & Life Sciences

PharmEasy raises $1.96 billion in total funding

By Startup Enthusiast · 11 August 2026

What they do

PharmEasy is an online pharmacy and healthcare platform serving over 50 lakh customers in India

The company has raised $1.96 billion in total funding, with its last round being debt

Founded in 2015, it employs 3,977 people and operates in the health tech sector

PharmEasy is an online pharmacy and healthcare services company based in India.
It has raised a total of $1.96 billion in funding across multiple rounds.
The company's last funding stage was debt (borrowed money that must be repaid).
PharmEasy serves over 50 lakh customers (5 million customers).
The company was founded in 2015 and currently has 3,977 employees.
It operates in the health tech sector (technology-driven healthcare services).

PharmEasy offers medicine ordering, lab tests with up to 70% off, and doctor consultations starting from ₹199.
It provides branded substitutes at up to 50% off and healthcare products at up to 60% off.
Customers can order via the PharmEasy app or through WhatsApp.
The platform has a prescription upload process: upload a photo, add delivery address, place order, and the company calls to confirm delivery.
Product categories include health must haves, personal care, vitamins, sexual wellness, sports nutrition, diabetes essentials, and more.

Customers: Consumers seeking affordable access to medicines, healthcare products, and diagnostic services
How it makes money: Commission on medicine and healthcare product sales; revenue from partnerships and services