Apollo Healthco

What Apollo Healthco does

Apollo Healthco Limited is a private holding subsidiary of publicly listed Apollo Hospitals Enterprise Limited, formed to consolidate Apollo's omnichannel pharmacy, digital health, and diagnostics businesses under a single corporate roof. The company operates Apollo 24|7, India's largest multi-channel digital healthcare platform, integrating online pharmacy (6,500-6,900+ retail stores across 300+ cities), teleconsultations (5,000+ doctors across 100+ specialties), home diagnostics (1,500+ centres, 700+ collection centres, 2,000+ trained phlebotomists, 100+ laboratories), and health insurance distribution into a unified app and website experience. Its services serve a dual market: 8 crore (80 million) individual consumers accessing transactional healthcare, and 100+ enterprise clients including HCL Technologies, Cognizant, Meesho, Uber India, Samsung, BMW India, Capgemini, Flipkart, Hindustan Unilever, and L&T, who procure corporate health plans for their workforces.

The revenue model blends per-transaction fees for pharmacy orders (₹449 for a CBC test vs. ₹1,122 MRP, 60% off list), consultations (₹99 for general physicians to ₹2,500+ for senior specialists), and diagnostics, with recurring subscription revenue from Apollo Circle Membership and B2B corporate plans priced via PEPM, volume discounts, or fixed-fee bundles. Distribution operates as a hybrid digital-physical channel: the Apollo 24|7 app and website handle self-serve consumer transactions, while 6,900+ physical pharmacies and a 19-minute quick-commerce delivery service (active in 6 cities, scaling to 20 by end-2025) drive offline and on-demand fulfilment. In Q2FY25, the company reported ₹2,282 crore revenue (17% YoY growth) and a ₹19 crore profit turnaround, with management targeting ₹20,000 crore in FY26 and ₹25,000 crore in annualised revenue by Q4 FY27 at projected EBITDA margins of 6.5-7%.

The technology stack combines AI-powered diagnostics (128-slice CT, 3T MRI, 3D OCT imaging), predictive analytics via the Apollo ProHealth program (22 million health checks), NLP-driven chatbots for 24/7 query handling, Digital Health Locker for records storage, and API-based HRMS integration for enterprise clients. Apollo Healthco is undergoing major corporate restructuring: in April 2024 it received ₹2,475 crore ($300 million) from Advent International via convertible debentures at a ₹22,481 crore enterprise value, and is being merged with Keimed Private Limited (a leading Indian pharma distributor) ahead of a planned demerger and independent listing as Apollo Healthtech Limited by Q4 FY27, with Apollo Hospitals retaining a 15% stake and Shobana Kamineni appointed Executive Chairperson.

Name

Apollo Healthco

Legal name

Apollo Healthco Limited

Website

https://apollo247.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Apollo Healthco Limited operates Apollo 24|7, India's largest multi-channel digital healthcare platform, integrating online pharmacy, teleconsultations, home diagnostics, and health insurance for 80 million consumers and 100+ corporate clients including HCL, Cognizant, Uber India, and Flipkart.

Ownership category

akta.pro rank

Product category

Digital Healthcare Services

NAICS

Other Ambulatory Health Care Services (6219), Home Health Care Services (621610), Diagnostic Imaging Centers (621512)

SIC

Services-Health Services (8000), Services-Medical Laboratories (8071), Services-Home Health Care Services (8082)

akta.pro primary industry

Virtual Visit & Scheduling Platforms (EHR-integrated) (HLALABAA)

akta.pro secondary industries

Specialty Pharmacy & Complex Therapy Management Platforms (HLACAKAG), Remote Diagnostics & Point-of-Care (Connected Testing, Home Lab Devices) (HLACAPAK)

Keywords

• Digital healthcare platform
• Online pharmacy services
• Telemedicine consultations
• Home diagnostic testing
• Corporate health plans

Headquarters

HQ city

Chennai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Online Pharmacy: Sale of medicines and healthcare products through Apollo 24/7 platform and Apollo Pharmacy retail stores (6,500+). Delivers 100% original medicines with rapid home delivery options including 2-hour and 19-minute delivery in select cities
2. Teleconsultations: Online doctor consultations across 100+ medical specialties via video, chat, or call. 5,000+ doctors available, 7,000+ daily consultations, 24x7 availability
3. Diagnostics & Lab Tests: Home sample collection with fast and accurate test reports. Comprehensive range of diagnostic tests including CBC, HbA1c, lipid profile, liver function tests, and specialized tests
4. Corporate Health Plans: B2B offerings including Family Doctor Plan (unlimited teleconsultations), Circle Membership (preventive health screenings), Annual Health Check, and Cashless Online OPD. Pricing models include PEPM, volume discounts, and fixed-fee bundles
5. Apollo Circle Membership: Premium membership plan offering priority access to doctors, personalized care, exclusive deals, and comprehensive wellness programs
6. Health Insurance Distribution: Partnership with insurance providers for health insurance products including individual, family, senior citizen, and top-up plans. Apollo SBI Card SELECT co-branded credit card offering medical benefits and exclusive discounts

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels7 records

Core offering

Apollo Healthco operates Apollo 24|7, an integrated digital healthcare platform offering online doctor consultations across 100+ specialties, online pharmacy with rapid home delivery, home-based diagnostic lab tests, health insurance distribution, and corporate health plans. The company combines a 6,500+ store physical pharmacy network with digital channels to serve both individual consumers and enterprise clients across India.

Product overview

Apollo Healthco operates Apollo 24|7, a comprehensive multi-channel digital healthcare platform that integrates multiple products and services. The core platform offers online doctor consultations (5,000+ doctors, 100+ specialties), Apollo Pharmacy (6,900+ stores with 2-hour and 19-minute delivery options), and Lab Tests at Home (2,000+ collection centers). The product ecosystem includes premium membership programs (Apollo Circle Membership, Apollo 24|7 Circle), personalized health management (Apollo ProHealth Program with 22M+ health checks conducted), health insurance integration, and corporate health solutions with HRMS/payroll API integration. Additional offerings include MomVerse for maternal care, Apollo Diabetes Reversal program, and the Apollo SBI Card Select co-branded credit card. The platform processes approximately 45,000 daily online orders and serves 8 crore (80 million) Indians.

Differentiator

Problem solved

Functional benefit

Brands

• Apollo Circle Membership: Premium healthcare membership plan offering priority access to Apollo's best doctors, personalised care, unique deals, and comprehensive wellness programs
• Apollo ProHealth Program
• Apollo 24/7 Circle
• Family Doctor Plan (FDP)
• Annual Health Check (AHC)

Products and services

• Apollo 24|7 Platform Flagship multi-channel digital healthcare platform offering online doctor consultations across 100+ specialties, online pharmacy, home diagnostic tests, and health insurance services. Serves individual consumers and corporate clients across India through mobile app and website.
• Apollo Pharmacy Online and retail pharmacy service offering 100% original medicines with 2-hour delivery options and 19-minute quick commerce in major cities. Operates across 6,900+ physical stores and digital channels covering 300+ cities in India.
• Online Doctor Consultation Telemedicine service providing access to 5,000+ doctors across 100+ medical specialties via video call, chat, or phone. Available 24x7 with consultations starting at ₹99 for general physicians and up to ₹2,500 for senior specialists.
• Lab Tests at Home Home sample collection diagnostic service with 2,000+ trained phlebotomists, 700+ collection centres, and 100+ laboratories. Offers comprehensive blood tests and diagnostic packages including CBC, HbA1c, lipid profile, LFT, KFT with 60% discounts on MRP and reports delivered within 10 hours for select tests.
• Apollo Circle Membership Premium annual membership plan offering priority access to Apollo's best doctors, personalized care, exclusive deals on healthcare services, and comprehensive wellness programs curated by healthcare professionals.
• Apollo ProHealth Program Personalized proactive healthcare management program combining predictive risk assessments, top-quality diagnostics, and physician consultations. Approximately 22 million health checks have been conducted based on this program.
• Apollo Health Insurance Health insurance products and plans offered through Apollo 24|7 platform, integrating with major insurance providers (Care Health, Niva Bupa, Star Health, ICICI Lombard) for cashless treatment, policy management, and specialized plans for individuals, families, senior citizens, and top-up coverage.
• Corporate Health Solutions Enterprise healthcare plans for organizations including Family Doctor Plan (unlimited teleconsultations across 20+ specialties), Annual Health Check, Cashless Online OPD, Health Webinars, and Apollo SBI Card SELECT. Provides API-based HRMS integration for 100+ corporate clients including HCL, Cognizant, Meesho, Uber India, Samsung, and BMW.
• MomVerse Specialized maternal and childcare platform offering products and information for preconception, pregnancy, postpartum, and newborn care stages.
• Apollo Diabetes Reversal (Apollo Super6) Diabetes management program focused on reversal through lifestyle interventions, personalized treatment plans, and ongoing medical supervision.
• Apollo SBI Card Select Healthcare-focused co-branded credit card partnership with SBI Card offering medical benefits, exclusive Apollo discounts, and reward points on healthcare spending for cardholders.

Quantifiable outcome

• 19-minute delivery for 28-30% of daily online orders with 90% same-day delivery
• +4 more outcomes

Named customers16 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability8 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered minor and core.

• ICICI Prudential Pension Funds ManagementminorStrategic or Co-development Partner · 26 February 2026Apollo HealthCo integrated with ICICI Prudential's NPS Swasthya Equity Plus pension scheme under PFRDA Regulatory Sandbox. Scheme allows subscribers to withdraw up to 25% of own contributions for medical expenses while maintaining 70-100% equity exposure. KFintech manages as Central Recordkeeping Agency.
• L'Oreal India (La Roche-Posay)minorGTM or Marketing Partner · 10 November 2025Apollo 24|7 partnered with L'Oreal to introduce La Roche-Posay skincare brand in India through Apollo's network of 6,900+ pharmacy stores and online channels. Collaboration aims to offer dermatological beauty solutions and expand presence of global skincare brands in India.
• Keimed Private LimitedcoreStrategic or Co-development Partner · 26 April 2024Keimed, a leading pharma distributor in India, is being merged with Apollo HealthCo over 24-30 months pending regulatory approvals. Merger aims to create one of India's largest health-tech platforms with significant market presence and operational synergies. Expected to be EPS accretive from Year 1.
• HCL TechnologiesminorGTM or Marketing Partner100+ corporate partners including HCL for employee health benefits. HCL reported seamless onboarding and instant doctor access implementation within a week across entire workforce.
• CognizantminorGTM or Marketing PartnerCorporate partnership providing comprehensive wellness solution for distributed workforce including doctor consults, lab support, and pharmacy access across cities.
• MeeshominorGTM or Marketing PartnerMeesho reported 20% drop in sick leave usage and increased participation in wellness webinars within 3 months of implementing Apollo corporate health program.
• Uber IndiaminorGTM or Marketing PartnerUber India scaled Apollo 24|7 healthcare services effortlessly across 5,000+ workforce with zero disruption.
• Apollo SBI Card (SBI Card)minorGTM or Marketing PartnerCo-branded healthcare-focused credit card offering medical benefits and exclusive Apollo discounts. Promoted on Apollo 24/7 platform with dedicated landing pages.

Scale indicators24 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• Tata 1mg: Tata 1mg is one of India's leading digital healthcare platforms offering online pharmacy, teleconsultations, and diagnostic test booking. It directly competes with Apollo 24/7 across the same omnichannel consumer and corporate health stack, with the backing of Tata Sons providing deep capital.
• PharmEasy (API Holdings): PharmEasy operates an online pharmacy and diagnostic platform serving Indian consumers with medicine delivery and home sample collection. It is a direct horizontal competitor to Apollo Pharmacy and Apollo 24/7's diagnostic services.
• Netmeds: Netmeds, owned by Reliance, offers online medicine delivery, teleconsultations, and wellness products across India. It is a direct peer in the online pharmacy and teleconsultation space where Apollo Healthco operates.
• Practo: Practo is an Indian digital healthcare platform for online doctor consultations, appointment booking, and electronic health records. It is a direct competitor in the teleconsultation and integrated care segment served by Apollo 24/7.
• MediBuddy: MediBuddy provides online doctor consultations, lab tests at home, and corporate wellness programs across India. It is a direct peer to Apollo 24/7, particularly in the B2B corporate health and teleconsultation segments.

Emerging players

• Flipkart Health+: Flipkart Health+ is the e-pharmacy arm of Flipkart/Walmart, offering online medicine delivery. As a well-funded emerging player backed by Walmart, it competes with Apollo Pharmacy's online channel.
• MFine: MFine is an AI-driven teleconsultation and digital health platform in India, providing online doctor consultations and home diagnostics. It overlaps with Apollo 24/7's teleconsultation and lab-test-at-home services.
• HealthifyMe: HealthifyMe is a digital health and wellness platform offering AI-powered nutrition tracking, coaching, and chronic condition management. It is comparable as a digital health consumer offering intersecting with Apollo's diabetes reversal and ProHealth programs.

Broad incumbents

• Apollo Hospitals Enterprise: Apollo Hospitals Enterprise is the parent of Apollo Healthco and operates India's largest hospital chain. While not a direct digital platform competitor, it is the upstream provider of the doctor network and brand equity that Apollo Healthco relies on.
• Zomato (Blinkit): Zomato's quick commerce arm Blinkit has expanded into medicine delivery in India. As a broader incumbent with deep quick-commerce logistics, it is a relevant peer for Apollo 24/7's 19-minute medicine delivery service.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/apollo247

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Apollo Healthco