Zeelab Pharmacy Secures $2.4 Million in Initial Funding Round Led by OTP Ventures

Delhi-based Zeelab Pharmacy has successfully raised $2.4 million in its first funding round, spearheaded by OTP Ventures. This significant investment aims to bolster Zeelab's mission of providing affordable, high-quality generic medicines across India, enhancing its rapidly expanding network of pharmacies. Founded in 2019, Zeelab has already made a mark by offering medications at prices up to 90% lower than traditional pharmacies. The funding will support its ambitious growth plans, including the establishment of additional stores nationwide. 

Source: Entrackr.