Wellness Forever Medicare Overview
- Year Founded
-
2008
- Status
-
Private
- Employees
-
2,888
- Latest Deal Type
-
IPO
- (Cancelled)
- Latest Deal Amount
-
$54.4M
- Investors
-
12
Wellness Forever Medicare General Information
Description
Operator of a retail pharmacy chain intended to offer medicines and other non-durable products. The company's medical chain includes several lifestyle pharmacies and wellness stores under three formats- retail pharmacies, hospital pharmacies and managed franchises operating on a day and night basis, enabling people to get round-the-clock availability of genuine medicines in an efficient manner.
Contact Information
Website
www.wellnessforever.comCorporate Office
- Unit on 7th Floor (Pt) Southside
- Wing A, Empire Plaza IT Park, LBS Marg, Vikhroli (West)
- Mumbai, Maharashtra 400083
- India
Corporate Office
- Unit on 7th Floor (Pt) Southside
- Wing A, Empire Plaza IT Park, LBS Marg, Vikhroli (West)
- Mumbai, Maharashtra 400083
- India
Wellness Forever Medicare Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. IPO | 01-Oct-2021 | $54.4M | Cancelled | Generating Revenue | ||
| 5. Later Stage VC | 09-Nov-2020 | Completed | Generating Revenue | |||
| 4. Later Stage VC | 11-May-2019 | Completed | Generating Revenue | |||
| 3. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 2. Later Stage VC | 21-Jul-2016 | $7.34M | $12.1M | Completed | Generating Revenue | |
| 1. Seed Round | 07-Apr-2015 | $4.78M | $4.78M | Completed | Generating Revenue |
Wellness Forever Medicare Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Class A3 | ||||||||
| Preference | ||||||||
| Ordinary | ||||||||
| Class A2 | ||||||||
| Series A2 CCPS | ||||||||
| Class A1 | ||||||||
| Class A1 | ||||||||
| Series A | ||||||||
| Preference | 136,208 | $0.135230 | $4.77 | $4.77 | 1x | $4.77 | 1.61% | |
| Ordinary | 33,176 | $0.135230 | $4.77 | $4.77 | 1x | $4.77 | 0.39% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Wellness Forever Medicare Comparisons
Industry
Financing
Details
Wellness Forever Medicare Competitors (3)
One of Wellness Forever Medicare’s 3 competitors is mChemist, a Corporate Backed or Acquired company based in New Delhi, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| mChemist | Corporate Backed or Acquired | New Delhi, India | ||||
| HealthKart | Venture Capital-Backed | Haryana, India | ||||
| Tata 1mg | Venture Capital-Backed | New Delhi, India |
Wellness Forever Medicare Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Wellness Forever Medicare Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Adar Poonawalla | Angel (individual) | Minority | ||
| Pivot Ventures | Venture Capital | Minority | ||
| Rajesh Sehgal | Angel (individual) | Minority | ||
| Serum Institute of India | PE-Backed Company | Minority | ||
| SN Damani | Asset Manager | Minority |
Wellness Forever Medicare FAQs
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When was Wellness Forever Medicare founded?
Wellness Forever Medicare was founded in 2008.
-
Where is Wellness Forever Medicare headquartered?
Wellness Forever Medicare is headquartered in Mumbai, India.
-
What is the size of Wellness Forever Medicare?
Wellness Forever Medicare has 2,888 total employees.
-
What industry is Wellness Forever Medicare in?
Wellness Forever Medicare’s primary industry is Pharmaceuticals.
-
Is Wellness Forever Medicare a private or public company?
Wellness Forever Medicare is a Private company.
-
What is Wellness Forever Medicare’s current revenue?
The current revenue for Wellness Forever Medicare is .
-
How much funding has Wellness Forever Medicare raised over time?
Wellness Forever Medicare has raised $37.5M.
-
Who are Wellness Forever Medicare’s investors?
Adar Poonawalla, Pivot Ventures, Rajesh Sehgal, Serum Institute of India, and SN Damani are 5 of 12 investors who have invested in Wellness Forever Medicare.
-
Who are Wellness Forever Medicare’s competitors?
mChemist, HealthKart, and Tata 1mg are competitors of Wellness Forever Medicare.
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