Zeelab Pharmacy, a Delhi-based healthcare startup, has raised 21. 7 crore rupees (US$2.4 million) in its first funding round, led by OTP Ventures.

The funding will help the company expand its retail network and establish a 60-minute delivery service in both metro and non-metro cities across India.

Zeelab was founded in 2020 by Rohit Mukul, sources medications from over 2,500 stores to improve access and convenience, especially in tier-II cities.

Zeelab operates in a competitive healthcare landscape, joining other players such as Medkart, PharmEasy, Apollo Pharmacy, and Netmeds.