Founded in 2008, Wellness Forever operates a chain of 70 lifestyle pharmacies and wellness stores across Mumbai, Pune, Nashik, Belgaum and other parts of Maharashtra. The firm runs three formats: retail pharmacies, hospital pharmacies and managed franchises. Management says sales and profits are growing at a 35–40% CAGR and the company is expecting revenue of Rs 400 crore this year. Wellness Forever plans to grow to over 100 outlets in the next 12 months and to expand to 1,000 retail outlets pan-India in five to seven years. The company is also planning to launch an online sales channel through an e-com venture. The business positions itself to sell pharma, lifestyle, wellness and FMCG products through an expanded retail and logistics footprint.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2015