CREATOR INTRODUCTION FUND MANAGEMENT

2. Why we select the topic
 As it is the era of technology and everything is going digital we wonder
how medical will go digital .
 Then comes Netmeds with the unique idea of selling medicine online which
grab our attention to search about it more
 By selecting the Netmeds we came to know that not only clothes, books ,
foods , but medicines can also be seal through online media

3. company Information
Headquarter : Chennai
Founder : Pradeep Dadha
Sector : Pharmaceutical
Founded on : 2010
Parent organization : Netmeds marketplace
limited

4. Information about Netmeds
 Netmeds is an online pharmacy which deals in a wide range of healthcare
products like high-quality prescription medicines, over-the-counter
pharmaceuticals to general health care products, Ayurveda and
homeopathy medicines.
 Netmeds delivers the products across India. Netmeds is a subsidiary of
Dadha & Company which is one of India’s most trusted pharmacies, with
over 100 years’ experience in dispensing quality medicines.
 Netmeds was founded in 2010 by Pradeep Dadha and is headquartered
at Chennai, Tamil Nadu. Netmeds' parent company is Netmeds
Marketplace Limited.

5. Idea Generation of company
 Pradeep's family ran Tamil Nadu Dadha Pharmaceuticals Ltd
(TDPL) which was acquired and merged with drug maker Sun
Pharmaceutical Industries Ltd in 1997.
 Pradeep Dadha’s father Mohanchand Dadha, who founded the
family business, is on the board of Sun Pharma. Adding a new
dimension to his family business, Pradeep Dadha started
Netmeds.com. Netmeds.com made a purchase of medicine
hassle-free for the Indian consumer.

6. Business model of Netmeds
Netmeds sells prescription based and over the counter medicines, health-
related products online. The company has certified pharmacists who screen
the prescriptions uploaded by the customers before dispatching the
medicines
Netmeds is considering a B2B business model through which it will offer
pharmacies, medicines at the wholesale rate for selling to their customers.
At present, Netmeds offers discounts up to 20% on prescribed medicines
to its customers.
 “It would work like a B2B business, we will be doing wholesale business
with them,”

7. Investment and funding
Netmeds has raised funding worth $99 Million over 3 rounds. The latest round of funding
Date Stage Amount Investor
October 2015 Series A $50 Million OrbiMed
October 2017 Series B $14 Million
Sistema Asia
Fund, Tanncam
Investment
September 2018 Series C $35 Million
Sistema Asia
Fund, Tanncam
Investment, Daun
Penh Cambodia
Group,

8. Business Acquisition
In November 2016, Netmeds acquired Delhi-based hyper drugs
delivery app Plus.
Netmeds.com also acquired JustDoc.com, a telemedicine portal in a
cash and stock transaction in September, 2018.
In March 2019, Netmeds acquired KiviHealth.
KiviHealth is a health-tech startup that aims to provide an affordable,
patient-centric, digital health information management system.

9. Future Plan of Netmeds
 Netmeds plans to team up with other pharma/nutritional
companies to use data analytics and thus target specific
patient groups.
 The company also wants to increase its reach through
Franchise, increasing number of warehouse and fulfillment
centers.
 Netmeds currently has 14 fulfillment centers across India and
is planning to add 12 more fulfillment centers by 2020.

10. Current status of Netmeds
 NetMeds competes with some other well-funded player in the space.
 Some major competitors of Netmeds are- 1mg, PharmEasy,
mChemist, Myra, BigChemist, Care on Go, Click on Care and Lybrate.
 Netmeds bagged the Health Tech Start-Up of the Year at the NDTV
Unicorn Start-up Awards 2016.
 They have also been selected as ‘Asia’s Most Promising Brand 2018’
by Int+ WCRC International.

11. Social impact of Netmeds
Change the way of Medicines.
Develop online medicine delivery app.
Door step delivery.
Talk to specialist 24*7.
Saving of Time and Money.

12. Presented by
VishwajeetGaikwad
Prashant Sharma
Nikita Devi
Anchal Rai
Thank You