SlideShare a Scribd company logo
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
company Information
Headquarter : Chennai
Founder : Pradeep Dadha
Sector : Pharmaceutical
Founded on : 2010
Parent organization : Netmeds marketplace
limited
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.
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.
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,”
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,
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.
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.
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.
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.
Presented by
VishwajeetGaikwad
Prashant Sharma
Nikita Devi
Anchal Rai
Thank You

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NETMEDS

  • 1.
  • 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.