Founded in 2017 by Siddharth Gadia and Girish Agarwal, Zeno Health runs the Generico pharmacy chain, currently comprising 49 company-branded outlets in Mumbai. The business began with a company-owned, company-operated format but has transitioned to a master-franchise model, retaining ownership of the brand and technology while franchisees manage real estate and front-end operations. Generico outlets stock both generic and branded pharmaceuticals and serve as the cornerstone of the company’s broader omnichannel healthcare ambitions. Backed by venture investors since inception, the company has amassed $16 million in equity capital to date. Recent funding is being channelled toward rapid footprint expansion, with a stated goal of reaching 150 stores by 2021. Management positions the chain as a trusted, efficient patient-care platform that can be extended into adjacent healthcare services.

Total raised

$37M

Funding rounds

4

Latest round

Series C

Latest activity

Mar 2024