July 2019: Medlife, https://www.medlife.com/, India’s largest online pharmacy and one of the fastest growing holistic healthcare platforms, is witnessing increased traction in Ahmedabad. The city is the 8th largest marketfor the brand and their customer base has grown by over 3 times in the past one year. Medlife has become the trusted partner of consumers in the city for all their healthcare needs, from the delivery of medicines and other over-the-counter products at home to e-consultation and lab tests.
Speaking about this, Mr Tushar Kumar, Founder and CEO, Medlife, said, “We are happy to witness an increased demand for our services from Ahmedabad. We are currently servicing over 20,000 deliveries every day across 29 states, 4,000 cities and 25,000 pincodes in the country. Medlife’s vision has been to improve accessibility and affordability of healthcare in India and the response we have witnessed in mini metros like Ahmedabad is a testament to this. We will soon be launching our 2-hour delivery service in the city.”
As per a recent report by Global Market Insights,the digital health market size is set to exceed USD 379 billion by 2024. As a brand that underlines user health above everything, Medlife is giving users in Ahmedabad the benefit of convenience, accessibility, and affordability.About 83% of the total orders in Ahmedabad on Medlife’s platform are for chronic conditions like diabetes, hypertension, and arthritis, among others. The highest value of an individual order that was successfully delivered in the city stood at Rs 40,762.
Medlife’s customer-centric approach ensures that people get the best value for their money and save considerable time on every purchase through their quick delivery option.They offer genuine healthcare products from authorized dealers at discounted prices, cashback, and referral discounts. Medlife’s USPs include a transparent inventory-led model and the steadfast conviction to sell drugs only against a valid doctor’s prescription.
Medlife constitutes an entire online health ecosystem with extensions including health supplements, generics, e-consultation, diagnostics, lab tests, telemedicine, health records, paramedical services, content, and more. The company has been witnessing robust growth and expects to turn profitable at the company level this year.As per Frost and Sullivan, the e-pharmacy market is valued at 450 to 475 million dollars, and Medlife has a 30% market share at present. The market is growing rapidly and Medlife expects to have a 50% share of the pie in the next 2 to 3 years.
