LifCare

company

About

India's 1st Subscription Pharmacy for chronic patients

  • 251 - 500

Details

Last Funding Type
Series B
Last Funding Money Raised
$11M
Industries
E-Commerce,Health Care,Home Health Care,Medical,Personal Health,Pharmaceutical
Founded date
Sep 1, 2015
Number Of Employee
251 - 500
Operating Status
Active

LifCare is India’s largest Subscription pharmacy for chronic patients and is making chronic health management affordable and convenient for everyone.

India has ~25% of its population suffering from chronic diseases and about 1/3 rd of this population does not adhere to its maintenance medicine - leading to hospitalization and sky-rocketing healthcare costs. We lost ~300,000 lives to Diabetes alone in 2015 due to non-adherence. We, at LifCare, believe we can save these lives. We are redefining chronic disease management and the medicine supply chain using intelligent technology and data science that includes refills management, prescription digitization, offline to online shift, medicine reminders, intelligent warehouse stocking and smart logistics.

Founded in late 2015 by a team consisting of IIT/IIM alumni having several years of industry experience in companies like BCG, Bain Capital, J&J, Cipla & Grofers. LifCare aims to enhance the whole pharmacy experience for patients by providing a relationship-oriented, technology-driven and convenient environment.

From proactive monthly refills to updating dosages to making sure adherence improves, we at LifCare take care of everything. We are an ideal healthcare centre for patients on long duration medicines for Diabetes, Heart, Hypertension, Thyroid, Kidney disorders, etc.

We are proud to be in an industry that can make a real difference to millions of lives!

Write to us at [email protected] or visit us at www.lifcare.in to know more.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$11M
LifCare has raised a total of $11M in funding over 2 rounds. Their latest funding was raised on Jul 24, 2018 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 24, 2018 Series B $11M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
LifCare is funded by 1 investors. ILFS Investment Managers are the most recent investors.
Investor Name Lead Investor Funding Round
ILFS Investment Managers Series B