Pharmacity is a Ho Chi Minh City–based pharmacy retail chain operating across Vietnam. The company recently restructured and has returned to profitability. Management plans to use new capital to accelerate nationwide expansion over the coming years. The new funding round—approximately $50–$80 million from LeapFrog Investments—was described by the CEO as sufficient to fund growth for the next three to five years. Pharmacity is backed by Mekong Capital, and its CEO is Deepanshu Madan.

Total raised

$50M

Funding rounds

1

Latest round

Equity

Latest activity

May 2026