- MrMed, an online drugstore that specializes in special medicines, has received $500,000 in funding.
- This money comes from the Tamil Nadu Emerging Sector Seed Fund (TNESSF) and will help MrMed expand. They’ll use it for things like ads, hiring more people, and trying out new ideas.
- MrMed started in 2021 and was made by Devashish Singh and Saurab Jain. They serve more than 50,000 people in over 2,000 places in India.
A Closer Look:
MrMed getting this money shows that people are starting to put more money into online pharmacies in India. What makes MrMed special is that they focus on special medicines, which helps them stand out.
MrMed wants to get bigger, and this money will help them do that.
Important Info:
| What It Is | The Details |
|---|---|
| Money | $500,000 |
| Who Gave It | Tamil Nadu Emerging Sector Seed Fund (TNESSF), BEEJ Network, and Vish Entrepreneurs LLP |
| What They’ll Do With It | Ads, hiring more people, and trying new things |
| MrMed Started | 2021 |
| People Who Made MrMed | Devashish Singh and Saurab Jain |
| Who They’re Helping | People with serious health problems |
| What They Sell | Special medicines |
| People Using MrMed | More than 50,000 |
| Where They Work | Over 2,000 places in India |
MrMed’s story is a big part of how online pharmacies are growing in India. They’re making a real difference in healthcare.
