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Indian healthtech startup launches 50-minute medicine delivery
Zeno Health has launched a 50-minute medicine delivery service in India after raising US$25 million in its series C funding round.
The healthtech startup operates over 180 retail pharmacy stores across Maharashtra, India, integrated with a tech-enabled logistics network. Customers can order medicines via its mobile app, in-store, or by phone, with no minimum order or delivery fee.
Founded in 2017, Zeno Health focuses on affordable generic medicines by sourcing directly from manufacturers. It also runs 200 micro-franchises in Maharashtra and West Bengal, serving over 1.5 million customers.
The company has raised over US$56 million from investors like STIC Investments and Lightbox, aiming to expand operations and enhance its technology.
The 50-minute delivery service taps into the growing demand for rapid healthcare delivery. Competitors like Tata 1mg, Netmeds, PharmEasy, and Flipkart Health+ are active in this space.
New players such as Plazza and quick commerce platforms like Flipkart Minutes and Swiggy Instamart are also exploring opportunities.
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