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
Hai dear sir/ medam iam from andhrapradesh krishna district iam interesting MEDLIFEMEDLIFE FRANCHISE
PLEASE SEND FULL DETAILS AND CONTACT NUMBERS
for Medlife franchise program plz visite official medlife website medlife.com or you can contact on 08068400161 or 7259447952 or [email protected] .