Blue Medix Pharmacy

Blue Medix Pharmacy

Online app for the purchase of different medical prescribed drugs

Founded

2017

Headquarters

Patna (India

Status

Seed

Company Details

Website

Socials

Email

Phone

+91 8051000044

Blue Medix Pharmacy is a healthcare initiative focused on providing genuine and affordable medicines, primarily in the state of Bihar, India. Here are the key details about the company:

Operations and Reach

  • Store Network: Blue Medix has expanded significantly since its inception, currently operating over 75 stores across various districts in Bihar. The company has established a strong presence in both urban and rural areas, focusing on making healthcare accessible to all.

  • Locations: Key locations include Patna (with over 21 stores), Nawada, Bhojpur, Gaya, and East Champaran, among others. The company is continuously expanding its network to reach more communities.

Services Offered

  • Pharmacy Services: Blue Medix provides a wide range of medicines, including prescription drugs and over-the-counter medications. The pharmacy emphasizes quality assurance through rigorous checks on the authenticity and expiry of medicines.

  • Diagnostic Labs: The company operates diagnostic labs to offer affordable health tests and timely reports, enhancing its service portfolio beyond just medication.

  • Eco-friendly Initiatives: Blue Medix has launched an eco-friendly store at Gandhi Maidan in Patna, utilizing zero plastic in its infrastructure and promoting sustainable practices.

Community Impact

  • Skill Development: Blue Medix runs an academy aimed at skill development for youth in the medical field. This initiative not only trains individuals but also offers employment opportunities within its stores.

  • Healthcare Accessibility: By establishing stores in remote areas, Blue Medix addresses the significant healthcare gaps faced by local populations, ensuring that quality medicines are within reach.

Future Aspirations

Blue Medix aims to continue expanding its network across India, with plans to open more stores and enhance its service offerings. The company is committed to fighting the prevalence of counterfeit medicines and ensuring that every resident has access to quality healthcare.

In summary, Blue Medix Pharmacy is dedicated to improving healthcare access in Bihar through a robust network of pharmacies and diagnostic services while promoting sustainable practices and community development.

Key People

Faiyaz Alam

Sanjay Choudhary

Key Metrics

Total Equity Funding

$5 million

No. of Funding Rounds

1

Latest Funding Round

$5.0Million, Seed

as of January 20, 2025

Post Money Valuation

-

as of N/A

Funding Multiple

4

as of N/A

Investors

N/A

Employee Count

116

Similar Companies

Orange health

Exit Details

-

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
January 20, 2025Seed$5.0Million

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