DocPharma raises $2M pre-Series A from Equentis for healthcare quick commerce
DocPharma, a prescription-compliant quick commerce supply chain platform for healthcare, has raised $2 million in a pre-Series A round led by Equentis. Existing investor 100Unicorns, Vinners, and a consortium of strategic angel investors also participated.
What DocPharma does
Founded in 2023, the Bengaluru-based startup operates as a backend supply chain platform for healthcare businesses.
Its network of licensed dark stores, DocPharma One SaaS platform, and AI-powered inventory management support prescription-compliant fulfilment for more than 30 health and wellness platforms across categories such as e-pharmacies, health insurers, corporate wellness, hospitals, D2C wellness and nutraceutical brands, and pet care businesses.
Newsletter
The corridor, every morning.
Funding rounds and cross-border capital moves, one email, five minutes.
DocPharma enables these platforms to deliver medicines and healthcare products without building their own supply chain. The company has fulfilled over 800,000 orders and claims to operate across more than 12 cities, with a fulfilment rate of more than 95%.
Expansion plans
The company plans to use the funds to build 100 new compliant and licensed dark stores as it expands from over 12 to more than 50 cities. The expansion will strengthen the infrastructure that currently serves more than 30 health and wellness platforms across the country.
More in Funding
