FundedIQ
Health Care

PharmEasy: Funding, Investors & Team (Aug 2026)

PharmEasy is a health tech startup offering services such as teleconsultation, medicine deliveries, and diagnostic test sample collections. It also operates an online pharmacy that helps patients connect with local pharmacy stores and diagnostic centers in order to fulfill their extensive medical needs. The startup company is funded and backed by Caisse de Dépôt et Placement du Québec (CDPQ), Ascent Health, Bessemer Venture Partners, Orios Venture Partners, Eight Roads Ventures, InnoVen Capital, and Temasek Holdings. PharmEasy was founded in 2015 by Dharmil Sheth, Mikhil Innani, and Dhaval Shah as a subsidiary of Ascent Health.

pharmeasy.in LinkedIn Mumbai, India 1001-5000 employees
Health Care Health Diagnostics Pharmaceutical Wellness
Total raised
$343M
Rounds
2
Latest
Undisclosed round
Jun 2021

PharmEasy has raised $343M across 2 funding rounds on record, the most recent an undisclosed round of $20.0M announced in Jun 2021.

That round is above the $4.7M median round size for Health Care companies tracked on FundedIQ over the last two years.

PharmEasy Company Profile and Key Stats

Total funding raised
$343M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$20.0M in Jun 2021
Employees
1001-5000
reported band
Headquarters
Mumbai, India

Latest funding round on record: Jun 2021.

PharmEasy Funding Rounds

Date
Round
Amount
Undisclosed round
$20.0M
Series E
$323M

PharmEasy raised $323M in a Series E announced in Apr 2021.

2 months later, an undisclosed round of $20.0M was announced in Jun 2021.

PharmEasy Founders and Leadership Team

Name
Role
Contact
Akshay Kumar Mahapatra
CEO
Dhaval Shah
CEO
Locked

Contact details for the PharmEasy team: 1 of 2 have an email address on file.

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PharmEasy Funding Compared to Other Health Care Startups

Segment
Companies
Median round
3,653
$4.7M
3,220
$3.0M

PharmEasy's latest round of $20.0M is above the median round in Health Care. Medians cover the last 24 months of disclosed rounds.

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PharmEasy Funding FAQs

What does PharmEasy do?

PharmEasy is a health tech startup offering services such as teleconsultation, medicine deliveries, and diagnostic test sample collections. It also operates an online pharmacy that helps patients connect with local pharmacy stores and diagnostic centers in order to fulfill their extensive medical needs. The startup company is funded and backed by Caisse de Dépôt et Placement du Québec (CDPQ), Ascent Health, Bessemer Venture Partners, Orios Venture Partners, Eight Roads Ventures, InnoVen Capital, and Temasek Holdings. PharmEasy was founded in 2015 by Dharmil Sheth, Mikhil Innani, and Dhaval Shah as a subsidiary of Ascent Health.

How much funding has PharmEasy raised?

PharmEasy has raised $343M across 2 rounds on record. The most recent is an undisclosed round of $20.0M announced in Jun 2021.

When did PharmEasy last raise funding?

PharmEasy's most recent funding round on record is an undisclosed round of $20.0M, announced in Jun 2021.

Who is the CEO of PharmEasy?

Akshay Kumar Mahapatra is listed as CEO at PharmEasy.

Where is PharmEasy headquartered?

PharmEasy is based in Mumbai, Maharashtra, India.

How many employees does PharmEasy have?

PharmEasy is in the 1001-5000 employee band.

How does PharmEasy's funding compare to other Health Care startups?

PharmEasy's latest round of $20.0M is above the $4.7M median round size for Health Care companies on FundedIQ across 3,653 tracked companies over the last two years.

About FundedIQ's PharmEasy Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for PharmEasy is left off this page rather than filled in.

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