PharmEasy, the e-pharmacy brand, was founded in 2015 by Dharmil Sheth and Dhaval Shah in Mumbai and later merged with distributor Ascent Health under holding company API Holdings (incorporated 2019). It peaked at a $5.6B valuation in a 2021 pre-IPO round but its valuation was subsequently marked down by roughly 92% to under $500M. It also controls a majority stake in listed diagnostics firm Thyrocare.
Momentum is derived from funding recency, velocity, round count and scale. Risk reflects registry status and funding staleness.
PharmEasy, one of India's most trusted online pharmacy & medical stores, offers online medicine delivery, lab tests, online doctor consultation, home vaccination service and healthcare essentials across India. Get genuine products, great discounts, and fast doorstep delivery. Used by 50 lakhs+ customers in India in 1200+ cities like Bangalore, Delhi, Mumbai, Kolkata, Hyderabad, Gurgaon, Noida, Pune, etc.
How to read this. Each figure compares the first and the last Web Traffic Rank reading we hold for this company. Web Traffic Rank is a POSITION, so a smaller number is better: a company shown as improving has moved DOWN the rank, from a larger number to a smaller one. We are working from 1 dated reading (both in 2026-07). Two readings are a before and an after. This is a change, not a trend.
Extracted from PharmEasy's own website, fetched Jul 2026. Verification badges reflect format/MX checks, not endorsement.