DocPharma, a prescription-compliant quick commerce supply chain platform for the healthcare sector, has raised $2 million in a pre-Series A funding round led by Equentis. Meanwhile, existing investors 100Unicorns, Vinners, and a consortium of strategic angel investors also participated in the round.
The company will use the fresh capital to establish 100 new compliant and licensed dark stores as it expands its presence from more than 12 cities to over 50 cities. Consequently, this expansion will strengthen the infrastructure that currently supports more than 30 health and wellness platforms across India, DocPharma said in a press release.
Founded in 2023 by Saquib Ali, Shashank Rai, and Sagar Chauhan, DocPharma operates as a backend supply chain platform for healthcare businesses. In addition, its network of licensed dark stores, DocPharma One SaaS platform, AI-powered inventory management system, and prescription-compliant fulfilment infrastructure support more than 30 healthcare and wellness platforms.
Furthermore, the company serves businesses across several categories, including e-pharmacies, health insurers, corporate wellness providers, hospitals, D2C wellness and nutraceutical brands, and pet care companies. Through its infrastructure, DocPharma enables these platforms to deliver medicines and healthcare products to consumers without requiring them to develop and manage their own supply chains.
The Bengaluru-based startup currently operates across more than 12 cities and has fulfilled over 800,000 orders, achieving a fulfilment rate of more than 95%. Moreover, DocPharma said its operations have impacted more than 500,000 lives across India.
DocPharma also said its proprietary SaaS platform combines warehouse management, inventory intelligence, order management, and fulfilment through a single operating system. As a result, the platform offers real-time inventory visibility, directs orders to the nearest compliant fulfilment centre, and supports prescription-compliant processing.
The funding arrives as healthcare supply chain and quick commerce companies continue to expand across India. At the same time, these businesses increasingly focus on delivering medicines faster while meeting the regulatory requirements associated with pharmaceutical fulfilment.
Meanwhile, Bengaluru-based pharmacy-first quick commerce startup Plazza raised $15 million in a Series A funding round in July. Accel, Elevation Capital, and Nexus Venture Partners co-led the round. The company plans to deploy the funding to strengthen its AI-driven inventory intelligence, supply chain capabilities, and pharmacy network. Additionally, Plazza aims to offer medicine deliveries within 15 to 30 minutes.
