Medlife.com is all set to expand its business in the largely untapped North-East India market. It aims to become the first healthcare service provider with a pan-India presence. The company recently commenced operations in Arunachal Pradesh, Assam, Megahlaya, Mizoram, Nagaland, Tripura and Sikkim.
 
Present in 56 cities, including Aizawl, Gangtok, Guwahati, Agartala, Shillong and Silchar, it has the rare distinction of catering to 80% of India’s pin codes. With a planned internal investment of $30 million to scale up operations, the company aims to reach 90% of the country’s pin codes by the end of 2018.
 
Since 2014, Medlife is counted among the leading players in Indian e-pharmacy industry, witnessing a steady growth rate of 20% month-over-month. The Bengaluru-based company, that has changed the way healthcare delivery is perceived in India, expects to achieve a revenue of Rs. 900-1,000 crore by the end of 2019, stated the company release.
 
Medlife is more than just an online medicine delivery platform. It aims to provide on-time healthcare delivery to people in the metropolises as well as those in the remotest corners of the country. By bringing doctors, patients, laboratories and pharmacies under one roof, the company provides a comprehensive healthcare ecosystem to customers for timely diagnosis and effective treatment.
 
According to Tushar Kumar, CEO , Medlife, as the pioneer in the fastest growing pharmaceutical market in the world, we are building to ensure long-term sustainability of our business in India. With our expansion plans, we aim to create a simple ecosystem for patients, and is poised to revolutionise India’s healthcare and pharmaceutical industry in the near future, he added.
 
The company is close to operational breakeven in key cities with its aggressive expansion plans backed by its regulatory compliance and zero-delivery error.