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Zeelab Pharmacy raised $2.4 million in its maiden funding round led by OTP Ventures to expand its retail network and develop 60-minute delivery services.

Jan 22, 202511 months ago

Amount Raised

$2.4 Million

Round Type

seed

DelhiHealth CareE Commerce

Investors

Otp Ventures

Description

Zeelab Pharmacy, an omnichannel healthcare brand, has successfully raised $2.4 million in its first funding round. The funds will support the expansion of its retail presence and the development of quicker delivery services across various cities in India.

Company Information

Company

Zeelab Pharmacy

Location

Delhi, Delhi, India

About

Zeelab Pharmacy is an omnichannel healthcare brand founded in 2020. It focuses on sourcing medicines directly from manufacturers and delivering them through a network of its own stores, website, and app. The startup operates over 225 stores and processes more than 1,500 online orders daily. Zeelab aims to expand its retail presence and improve delivery services across various cities in India.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers