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PharmEasy

PharmEasy is a science topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand PharmEasy rather than just read about it. In short: PharmEasy is an Indian e-pharmacy company that sells medicines, diagnostics and telehealth online. History The company was founded in 2015 by Dharmil Sheth and Dhaval Shah in Mumbai with the initial seed funding provided by their parents.

PharmEasy — main illustration
PharmEasy — illustration

Key takeaways

  • PharmEasy belongs to science; place it in that map before memorising details.
  • Learn the definition first, then one example that makes the definition concrete.
  • Connect PharmEasy to a quantity you can measure, compute or draw — that is where exam questions come from.
  • Reproduce the core statement of PharmEasy from memory before moving on to harder problems.

Reference excerpt

PharmEasy is an Indian e-pharmacy company that sells medicines, diagnostics and telehealth online.

History The company was founded in 2015 by Dharmil Sheth and Dhaval Shah in Mumbai with the initial seed funding provided by their parents. The company wanted to expand beyond the Mumbai market and received their Series A funding. In May 2021, PharmEasy acquired rival e-pharmacy company Medlife for an undisclosed amount. In June 2021, the company acquired a 66.1% stake in diagnostics chain Thyrocare for ₹4,546 crore (US$613.5 million). In September 2021, it acquired a majority stake in Aknamed, a healthcare supply chain company. In November 2021, the company filed papers to launch its initial public offering (IPO) of ₹6,250 crore (US$843.46 million). The company withdrew its IPO plans in August 2022.

Competition PharmEasy competes with other e-pharmacy companies including Netmeds (which was acquired by Reliance Industries), 1mg (acquired by Tata Group), Apollo 24x7 and Amazon Pharmacy. The Ken questioned the company's positioning as a unified healthtech player and referred to the company's story as "more confusing than convincing".

Criticism

Medlife–PharmEasy merger protests In 2020, PharmEasy and Medlife were in merger talks which came to the attention of the Competition Commission of India (CCI), which approves such mergers. The merger was protested by The South Chemist and Distributors Association (SCDA), who objected that sales of medicines online was illegal in India. The online sales of medicines was later regulated and the merger was completed in 2021.

PharmEasy advertisement Members of the Hindu religion criticized one of the company's advertisements and said that religious sentiments were hurt for the sake of marketing and sales. The advertisement in question showed Lakshman being struck and Ram needing Sanjeevani, asking who will bring the medicine from such a long distance. Two PharmEasy employees arrive by scooter to deliver it.

See also Pharmaceutical industry Pharmaceutical industry in India E-commerce in India

References

Worked examples

Example 1 — a first encounter with PharmEasy

Start with the simplest possible case. Write down what PharmEasy claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In science, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to PharmEasy before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about PharmEasy ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of PharmEasy

In research
PharmEasy appears in science research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry
Engineering practice reuses PharmEasy in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom
PharmEasy is common in secondary-school and first-year university syllabi. It links to neighbouring topics Companies based in Mumbai, E-commerce, Indian companies established in 2015, so understanding it makes those chapters shorter.
In everyday life
Look for PharmEasy outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.
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How to study PharmEasy in 20 minutes

  1. Read the reference excerpt below once, without taking notes.
  2. Close the page and write down what PharmEasy means in your own words.
  3. Compare your version with the excerpt and mark what you missed.
  4. Work through the three examples above with pen and paper.
  5. Explain PharmEasy out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is PharmEasy in simple terms?

PharmEasy is an Indian e-pharmacy company that sells medicines, diagnostics and telehealth online. History The company was founded in 2015 by Dharmil Sheth and Dhaval Shah in Mumbai with the initial seed funding provided by their parents.

Why does PharmEasy matter?

Because it connects several science ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study PharmEasy?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on PharmEasy.

Tags

  • Companies based in Mumbai
  • E-commerce
  • Indian companies established in 2015
  • Internet properties established in 2015
  • Retail companies established in 2015

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