Healthcare brand Zeelab Pharmacy $2.4 Mn Funding Led By OTP Ventures

Zeelab Pharmacy, an omnichannel healthcare brand, has raised $2.4 million in its maiden funding round led by OTP Ventures.

The company plans to use the funding to expand its operations, focusing on increasing its retail presence, improving delivery services and strengthening its position in India’s growing healthcare market.

The fresh funding will also help speed up its growth plans, including expanding its retail network, offering 60-minute delivery in both metro and non-metro cities, and solidifying its leadership in the Indian healthcare sector.

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About Zeelab Pharmacy 

Founded in 2019 by Rohit Mukul, Zeelab Pharmacy is a company that offers affordable, high-quality generic medicines and other healthcare products. Its goal is to make essential healthcare accessible, affordable for everyone in India, and support the growth of the Indian pharmaceutical industry.

Zeelab has recently appointed Bollywood actor Randeep Hooda as its brand ambassador. The company plans to offer medicines at up to 90% lower costs, aiming to create an India where everyone can access medicines at their real price.

Zeelab claims to have a strong network of over 225 stores and processes more than 1,500 orders daily.

The company aims to speed up its growth by expanding its retail network, introducing 60-minute delivery in both metro and non-metro cities, and strengthening its position as a leader in India’s healthcare sector.