Medlife


Medlife International, is an India online platform, which provides pharmacy, diagnostics, and e-consultation in India. It was founded in 2014 by Prashant Singh and Tushar Kumar. The company has a central laboratory based in Bengaluru and delivers daily to 29 states.
Medlife has brought together doctors, pharmacist, path labs and consumers on a single platform. Medlife has a lot more to offer than just buying medicines online.

History

The company started out as an online platform for medicine delivery and later expanded to offer online doctor consultation and diagnostic services. Medlife offers one consumer-facing mobile app for accessing all three services.
In 2018, Medlife was awarded India's Best Pharma Delivery e-Platform Company of the Year by Frost & Sullivan at the Fifth Annual 2018 India Best Practices Awards. In November, Medlife acquired healthcare start-up EClinic.
In August 2019, Ananth Narayanan joined Medlife as the Co-Founder and Chief Executive Officer.
According to a Frost and Sullivan report Medlife owns 30 per cent of the e-Pharma market share in India.
In May 2020, Medlife goes multilingual, offered Hindi language in there app.

Acquisition

In 2019, it acquired Medlabz, a digital healthcare platform, and MyraMed, a medicine-delivery startup.
In 2018 it acquired EClinic24/7 a health tech startup.

Funding

Medlife received roughly $30 million from Alkem Laboratories's Family Office. Kumar and Singh also claim to have put $20 million of personal funds into the business.
In April 2019, Medlife received $17 million in funding from Kumar's family trust.
In December 2019, Medlife raised Rs 110 Cr from Wilson Global Opportunities Fund in debt funding.

Services

Medlife deliver to 25,000+ pin codes over 2500+ cities and 29 states across India. Medicine home delivery made easy.