Zeelab Pharmacy, an omni-channel healthcare brand founded by Rohit Mukul in 2019, has secured $2.4 million in its maiden funding round, led by OTP Ventures. This new investment will fuel the company’s expansion, with a focus on broadening its retail presence and enhancing its delivery services to ensure faster access to essential healthcare products.
Zeelab Pharmacy is committed to providing high-quality, affordable generic medicines to customers across India. The company aims to make healthcare accessible and affordable for all by offering medications at up to 90% lower costs than traditional pharmacies. This vision has garnered significant support, as evidenced by the company’s rapidly growing network of over 225 stores, processing more than 1,500 orders daily.
In line with its growth strategy, Zeelab Pharmacy recently appointed Bollywood actor Randeep Hooda as its brand ambassador, further strengthening its market presence. The brand is focused on making affordable healthcare a reality for millions of Indians by reducing the price barriers to essential medications.
The funds raised will be used to accelerate Zeelab’s expansion across India, including scaling its retail footprint and implementing 60-minute delivery capabilities in metro and non-metro cities. With these initiatives, Zeelab aims to solidify its position as a leader in the Indian healthcare industry, bringing quality medicines directly to the hands of every citizen.
