Zeelab Pharmacy, an omni-channel healthcare brand specializing in affordable generic medicines, has secured $2.4 million in its maiden funding round led by OTP Ventures.
The funds will be directed towards expanding Zeelab’s retail footprint and enhancing its delivery capabilities, positioning the brand for rapid growth in the competitive Indian healthcare market.
Founded in 2019 by Rohit Mukul, Zeelab Pharmacy aims to democratize healthcare by making high-quality medicines accessible at significantly reduced prices.
The company offers products at costs up to 90% lower than market rates, striving for a future where every Indian has access to essential medicines.
Currently, Zeelab operates a robust network of over 225 stores, processing more than 1,500 orders daily. To enhance customer experience, the brand is developing 60-minute delivery services across metro and non-metro cities.
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In a move to strengthen its market presence, Zeelab recently appointed Bollywood actor Randeep Hooda as its brand ambassador. The partnership underscores Zeelab’s mission to revolutionize the Indian pharmaceutical sector and provide affordable healthcare solutions.
With this funding, Zeelab Pharmacy is poised to accelerate its expansion, delivering on its commitment to affordable and accessible healthcare for all.
