Zeelab Pharmacy, a leading omni-channel healthcare brand, has raised $2.4 million in its maiden funding round led by OTP Ventures. This investment marks a significant milestone for the company, which is committed to providing medicines at up to 90% lower cost, making affordable healthcare a reality for millions of Indians.
Aggressive Expansion Plans
The funding will fuel Zeelab Pharmacy’s ambitious growth initiatives, including:
- Retail Network Expansion: Strengthening its presence across metro and non-metro cities.
- 60-Minute Delivery: Developing rapid delivery capabilities to enhance accessibility.
- Omni-Channel Ecosystem: Enhancing its integration of online and offline healthcare services.
With an impressive network of 225+ stores and 1,500+ online orders processed daily, Zeelab Pharmacy is already making significant strides in the Indian healthcare sector.
Key Partnership with OTP Ventures
The funding round was spearheaded by Suhail Sameer, Kunal Suri, and Saurabh Vashishta from OTP Ventures. Their backing underscores the immense potential of Zeelab’s mission to democratize access to affordable healthcare.
💬 Rohit Mukul, Founder of Zeelab Pharmacy, shared:
“We are thrilled to partner with OTP Ventures, who align with our vision of making healthcare affordable for every Indian. This funding will allow us to deepen our retail presence, enhance our delivery infrastructure, and create a truly inclusive healthcare ecosystem.”
Milestones and Brand Recognition
Zeelab Pharmacy has already achieved several notable milestones, including:
- A robust omni-channel presence with 225+ retail stores.
- Rapid growth in online sales, processing over 1,500 orders daily.
- The appointment of renowned actor Randeep Hooda as the brand ambassador to strengthen its market presence and connect with a wider audience.
Mission: Affordable Healthcare for All
Zeelab Pharmacy is redefining healthcare affordability in India with its mission to provide medicines at their true price—90% lower than market rates. The company envisions an India where every citizen has access to affordable and reliable medicines, bridging the gap in healthcare equity.
Conclusion
With its latest funding and strategic partnership with OTP Ventures, Zeelab Pharmacy is poised to revolutionize the Indian healthcare landscape. By focusing on accessibility, affordability, and innovation, the company is setting a new benchmark for inclusive healthcare solutions.