MEDdelivery and medicinal deliveries to India’s small cities

With over $42 billion worth, the Indian domestic pharmaceutical market is highly fragmented. 90% of the business is run by standalone pharmacies. To make it easier for them, MEDdelivery was started.

An IBEF research study claims that the total medicines traded annually in India are worth around $20 billion. Of which 90% is run by standalone pharmacies. Such locally-run pharmacies dominate the non-metro cities of India and have a strong presence and footfall in that area. Yet they face huge gaps due to the fragmented supply chain. 

Aastha Dusad, Rahul Gautam and Rohit Bafna realised that it takes a lot of time to deliver essential life-saving medicines to these shops. They decided to solve this issue by launching MEDdelivery. MEDdelivery is a B2B phama-tech startup that facilitates buying and selling between pharmacy retailers and stockers. They host a catalogue with over 1 million SKUs coming from 10,000+ brands. 

MEDdelivery acts as a simple and single value chain between big pharmacy companies, stockists and local medical shops. It helps local medical shops procure supplies from hyperlocal wholesale markets effectively. This also helps them deliver medicines time effectively. 

The 3 founders come from different backgrounds within the pharma supply chain, including technology, operations and business. Their venture operates in 8 cities in Rajasthan, including Jaipur, Bikaner, Ajmer, Jodhpur, Indore, Chaksu, and other Tier-III and IV cities. They also host a wide network of around 3000 retailers. Their data-driven system has helped increase the fulfilment rates to reach 100%. They have made the daily procurements process from hyperlocal wholesale markets simple and effective.

They have seen transactions worth Rs 40 crore with 80% retreat cohorts in the last few years. They were planning to close more than Rs 100 crore in transactions in the last fiscal year. This was possible despite competition from other B2B pharma marketplaces like Retailio, Biddano, and Saveo among many others.

The startup has received $1 million in funds from FAAD Network, Auxano Entrepreneur Trust, Lets Venture, Kisho Capital, Venture Garage, Sukhbir Singh and other angel investors. Will MEDdelivery’s effort be able to empower the standalone pharmacies in India’s $42 billion domestic pharmaceutical market?


Tags : #MEDdelivery #AasthaDusad #RahulGautam #RohitBafna #pharmacy #B2Bpharmacy #MediSpeak #smitakumar #medicircle

Related Stories

Loading Please wait...


Trending Now

Empowering Consumers with Nutritional Information: FSSAI's New Labeling GuidelinesJuly 12, 2024
Innovative Migraine Research Uncovers Key Triggers and Pathways for PainJuly 12, 2024
Alarming Rise in Death's Due to HIV Among Students in Tripura: Urgent Need for ActionJuly 12, 2024
Amrita Vishwa Vidyapeetham is All Set to Produce Netravaad, an Innovative Technology for Speech Impairment July 11, 2024
Twice-Yearly Injection Shows 100% HIV Protection in Young WomenJuly 11, 2024
AIMS (Asian Hospital) Doctors Restore Disfigured Face of Road Accident VictimJuly 10, 2024
Will #PutPeopleFirst mantra drive HIV responses?July 10, 2024
Shiprocket and Snowflake AI Data Cloud to empower 1.5 lakh merchants of BHARAT to scale their data infrastructureJuly 10, 2024
Dr. Shilpa Vora, Marico expert shares tips on how you can safeguard your baby’s skin during the monsoon seasonJuly 10, 2024
Pre Budget 2024 (Ms. Deepshikha Sharma- CEO of Sharp Sight Eye Hospital) July 10, 2024
Rate of global warming caused by humans at an all-time high - research led by University of LeedsJuly 09, 2024
Dengue during Monsoon Season and Neurological Complications Associated with DengueJuly 09, 2024
Yodda Elder Care Renews Partnership with Medulance for Emergency ServicesJuly 09, 2024
Budget Expectation Quote- Dr. Sanjeev Singh, Medical Director, Amrita Hospital, FaridabadJuly 08, 2024
Honourable Justice R. Mahadevan, Chief Justice of Madras High Court, Chennai Inaugurates IIRSI 2024, India's Premier Convention on Eye SurgeryJuly 06, 2024
The Impact of Architecture on Academic Performance: How Exam Hall Design Affects Student SuccessJuly 06, 2024
Teen Dies from Brain-Eating Amoeba in Kerala: Fatal Naegleria fowleri Infections SurgeJuly 05, 2024
Chemotherapy Drug Linked to Long-Term Hearing Loss in Cancer SurvivorsJuly 05, 2024
Qatar Airways Chooses Çelebi India as Ground Handler for New Doha-Goa FlightsJuly 04, 2024
Zika Virus Alert in Maharashtra: Government's Proactive Steps for Public SafetyJuly 04, 2024