Zeelab Pharmacy, an omni-channel healthcare brand, raised $2.4 million in its maiden funding round, led by OTP Ventures.
The funds raised will be used for its expansion plans, to increase its retail footprint and enhance delivery capabilities. Zeelab plans to develop 60-minute delivery capabilities across metro and non-metro cities.
Rohit Mukul, Founder of Zeelab Pharmacy, said, “We are delighted to partner with OTP Ventures, who share our vision of democratizing access to affordable healthcare for all Indians. This funding will serve as a catalyst for our growth plans, enabling us to entrench our retail presence further, bolster our delivery infrastructure, and fortify our omnichannel ecosystem. We believe this partnership will be instrumental in propelling our mission forward and creating a more inclusive and equitable healthcare ecosystem in India.”
Founded in 2019 by Rohit Mukul, Zeelab Pharmacy offers a wide range of over 2,000+ affordable generic medicines, all sourced from WHO-GMP-certified plants to guarantee the highest quality.
Zeelab Pharmacy claims to have a network of over 225 stores and processes over 1500+ orders daily. The company has also recently appointed renowned actor Randeep Hooda as its brand ambassador.
