Zeelab Pharmacy Secures $2.4 Mn in Funding Led by OTP Ventures

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Omni-channel healthcare brand Zeelab Pharmacy has successfully raised $2.4 million in its first funding round, led by OTP Ventures.

The company plans to utilize the funds to expand its operations, focusing on growing its retail presence and improving delivery capabilities, as outlined in its official announcement.

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Zeelab recently named Bollywood actor Randeep Hooda as its brand ambassador, highlighting its commitment to offering medicines at up to 90% lower costs. The startup envisions an India where affordable healthcare is accessible to everyone.

With a robust network of over 225 stores and a daily order volume exceeding 1,500, Zeelab plans to accelerate growth by expanding its retail footprint, introducing 60-minute delivery services in metro and non-metro cities, and solidifying its position as a leader in the Indian healthcare industry.

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About Zeelab Pharmacy

Founded in 2019 by Rohit Mukul, Zeelab Pharmacy specializes in providing affordable, high-quality generic medicines and healthcare products. Its mission is to make essential healthcare accessible and affordable for all Indians while supporting the growth of the domestic pharmaceutical sector.

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Founding YearHeadquarters
1952Mumbai, India
1963London, UK
1989Paris, France
1805London, UK
1974New Delhi, India
2000Chennai, India
2003Mumbai, India
1993New Delhi, India
N/AMumbai, India
1989New Delhi, India
N/AIndia
N/AIndia
N/AIndia
N/AIndia
N/AMumbai, India
N/AIndia
N/AIndia
N/AIndia

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