zeelab pharmacy

Zeelab Pharmacy Private Limited is an omnichannel healthcare company in India focused on increasing the affordability of medicines. The company operates on a core mission to provide high-quality generic medicines, which have the same therapeutic value as branded drugs, at prices up to 90% lower. This model directly addresses healthcare affordability in a market where generic equivalents are often sold at inflated prices. The business generates revenue through both its physical retail stores and online channels, with offline sales currently accounting for 75% of revenue and online making up the remaining 25%.

The company was founded in Delhi on April 13, 2019, by Rohit Mukul, who was 22 at the time. Mr. Mukul brought a vision to reform what he termed an 'inherently flawed' pharmaceutical sector in India, leveraging a family lineage with over 30 years of experience in the industry. His academic background includes a Master of Management with Distinction from the London School of Economics and a Bachelor of Laws from the University of Southampton. The company is an initiative of Zee Laboratories Ltd., a pharmaceutical manufacturing company founded in 1994 by Rajeev Mukul. Zeelab Pharmacy directly sources its product portfolio of over 2,000 medicines and 300 cosmetic products from WHO-GMP certified manufacturing plants, ensuring adherence to international quality standards.

Zeelab operates through a combination of an e-commerce website, a mobile application, and a rapidly growing network of physical franchise pharmacies. This omnichannel approach is designed to build trust and accessibility; customers can interact with pharmacists in-store or order online for convenience. A key service development is the launch of a 60-minute delivery service in select metro areas like Delhi, Gurugram, and Noida. Initially targeting a five-year goal of 100,000 outlets, the company has expanded to over 2,500 stores. By September 2024, it had reached a milestone of 200 company-owned stores and aims to launch 1,000 new stores in the next three years. In January 2025, Zeelab Pharmacy secured its first funding round of $2.4 million, led by OTP Ventures, to fuel its retail expansion and enhance its delivery infrastructure.

Keywords: generic medicine, online pharmacy, healthcare affordability, pharmaceutical retail, omnichannel healthcare, Indian healthcare, pharmacy franchise, medicine delivery, WHO-GMP certified, Rohit Mukul, Zee Laboratories, affordable medication, e-pharmacy, healthcare savings, medical cost reduction, discount medicine, cosmetic products, healthcare startup, pharmacy network, drug cost