Medlife CASE STUDY

MEDLIFE CASE STUDY, BUSINESS MODEL, FUNDING, REVENUE, INVESTORS

Founders (from left) Parshant singh and Tushar kumar

Parshant singh and tushar kumar the founders of medlife made the home delivery of medicines in India possible.

MEDLIFE BUSINESS MODEL

Medlife is the startup who made home delivery of medicines possible in India via online app. in 2014 medlife is founded by Tushar kumar and Parshant singh. Haedquarter of medlife is Asia-Pacific (APAC) region.

Categories of medlife: Information Technology & Retail.

Legal name: Medlife International Private limited.

INVESTMENT AND FUNDING

Intial investment: $15 million.

Medlife Total Funding: $205.6 Million

Apr 2019, raised $17.1M in Equity Round.

Aug 2019, raised $150M in Equity Round.

Dec 2019, raised $15.5M in Dept Round.

Aug 2020, raised $668.7K in Dept Round led by Samena Capital.

Aug 2020, raised $22.3M in Equity Round.

 

 

DISCOVER

state: 29

cities: 2500+

pin codes in India: 25000+

delivery a day: 10000

doctors: 1000+

specialties: 30

product:100,000+

SERVICE AVAILABLE IN

Bengaluru, Mumbai, Delhi-ncr, Kolkata, Jaipur, Pune, Kanpur, Lucknow and Hyderbad

OFFLINE STORES

Medlife have offline stores in India.

Amritsar, Punjab malad, Mumbai, vashi, Navi Mumbai are some offline stores of medlife.

APP

Medlife app is user friendly and easy to use through which you can get medicines delivered right to your doorstep.

HOW TO USE THE MEDLIFE APP?

– open the medlife app.

-upload valid prescription.

-click” search & add medicines”.

-after selecting your medicines click ” checkout”.

-enter name , pin code, address, and contact number.

FACILITIES

– pharmacy to buy online medicines.

-medlife labs to book free sample collection for laboratory test.

-doctors consultation to consult a doctor from home.

-OTC to order healthcare and wellness products.

-medlife essentials for herbal.

-supplements.

 

ORDER MEDICINES

You can order medicines from medlife in just 3 simple steps:

1. upload a valid prescription.

2. search and add medicines you need.

3. confirm order.

In case you don’t have prescription, don’t worry just get a consultation from  a medlife doctor.

order on phone is also available, just call on 186012341234 and medlife pharmacist will guide you through your order.

once you placed an order, a confirmation call or SMS will be done from customer services.

you can also order the same medicine for two different people.

you can also add more address for two different order for different location.

 

TRACK YOUR ORDER

Just call on 186012341234 to know the status of your order or you can also check on your app .

MEDLIFE PAYMENT MODE

via cash on delivery.

card payment(debit/credit).

Medlife wallet, Mobikwik, Paytm, Free charge, Phonepe and paypal.

also offer card machines on delivery in some pin codes.

MEDLIFE PRODUCT DELIVER

Medlife deliver medicine 24*7 on all 7 days of week.

order via the medlife app will be delivered within 24-48 hours in metro & tier 1 towns. timing of deliveries happen between 7am to 10pm.

MEDLIFE ORDER CANCELLATION

If you want to cancel the order just call on 186012341234 

MEDLIFE ORDER RETURN

 Just call on 186012341234 ( mention order number, sales invoice number and reason for return.

within 30 day’s from the time of your product received order you can return order but there are certain terms and conditions. 

MEDLIFE RETURN POLICY

Raise return request.

delivery personnel will collect the package from your door step.

order will be reviewed based on your reason of return.

after approval, medlife will initiate refund/replacement back to the same payment source.

MEDLIFE FRANCHISE

You can tie-up with medlife, just take a  look at medlife franchise programme and call on 08068400161/+917259447952 for more details.

[email protected] or call 186012341234 for help.

Thanks for reading

MEDLIFE CASE STUDY, BUSINESS MODEL, FUNDING, REVENUE, INVESTORS

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