SECTOR:
Exited
HEADQUARTERS:
PUNE
IVY CAP INVESTMENT:
2019

Pradyumn and Amit’s vision is to develop a world-class Pharmaceutical supply chain and distribution ecosystem!

The pharmaceutical industry in India faces a lack of holistic approach in terms of operational costs, order processing and inventory management. Even a minor disruption in the pharmaceutical supply chain can adversely affect the entire healthcare ecosystem. Pharmarack is a tech-driven, integrated healthcare platform that delivers a significant advantage to the entire supply chain by providing information-driven insights. It combines SaaS solutions, delivery enablement, financing solutions, market access, analytics solutions and digital solutions into one user-friendly ecosystem.

Pharmarack is now present in 70 cities and is trusted by over 200,000 partner retailers across India to improve their efficiency, reduce costs, drive revenue growth and get increased market visibility, making it the most disruptive healthcare platform in India.

FOUNDERS
Pradyumn Singh
Founder & Managing Director
Pradyumn completed his academics as a Chemical Engineer and later went on to achieve a PGDM degree in marketing. As a professional, he has experience being both a client and a service provider, which he believes was essential in giving him a view of how people process information at all touch points of a business. Pradyumn's approach towards everything in life is to see things as an outsider as well as an insider to gain holistic insights. As an entrepreneur, Pradyumn has solid experience in scaling businesses from zero to 10% market share in all his undertakings.
Amit Bakliwal
Co-founder
Their
Winning
Edge

01

Fit Research
India’s largest tech-enabled and fully-integrated B2B healthcare platform offering SaaS, Fulfilment, Digital Payments and Working Capital Financing solutions to key players in the Indian Pharmaceutical Industry like manufacturers, stockists, distributors and retailers.

02

State-of-the-art Tech
Our company solutions enable each player to monitor their goods and manage inventory on a real-time basis, helping them to optimize inventory costs and minimize unfulfilled demand.

03

Data Analytics
Pharmarack analyzes and captures critical data which is used to conduct analytics and market insights from its customers.
CLOVIA IN COVERS
IvyCap Ventures sells stake in Pharmarack at 104 pc IRR

Homegrown venture capital (VC) fund IvyCap Ventures on Monday announced the sale of its stake in business-to-business (B2B) healthcare platform Pharmarack at an annual internal rate of return (IRR) of 104 percent.

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Pharma majors-backed digital health firm to acquire Pharmarack

Digital health firm ABCD Technologies LLP, which counts top Indian drug makers as investors, has agreed to fully acquire Pharmarack, a healthtech platform that lets businesses automate sales and operations.

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Pharmarack On Sale: India's Top Pharma Majors In Talks To Buy!

Enabling B2B marketplace to function, the digital platform will provide the technological backbone to companies that want to eventually build an online pharmacy.

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