PharmaRX India Pvt Ltd
PharmaRx India Pvt Ltd is a privately held Gujarat-based pharmacy retail chain and B2B wholesale distributor, operating 17+ stores in Ankleshwar, Bharuch, and Surat under the PharmaRx brand (rebranded in 2024 from Paras Medicare). Founded in 2004, it sells branded medicines, OTC, surgical, and lifestyle products to consumers and SMB retailers.
- Company typePrivate
- Founded2004
- HeadquartersAnkleshwar, India
- Headcount1–10
- GTM typeB2C
- OfferingServices
What PharmaRX India Pvt Ltd does
PharmaRx India Pvt Ltd is a privately held Indian pharmaceutical retailer and wholesale distributor headquartered in Bharuch, Gujarat, operating under the PharmaRx brand (rebranded from Paras Medicare and Paras Medical Agency in 2024). Founded in 2004 in Ankleshwar's GIDC industrial area, the company runs a chain of 17+ retail pharmacy stores concentrated in Ankleshwar, Bharuch, and the Kosamba area of Surat, plus a sizable wholesale distribution center in Ankleshwar that supplies medicines to retail stores across multiple Indian states. The product portfolio spans allopathy and branded medicines, OTC items, personal care, lifestyle, beauty, baby care, specialty care, and hospital surgical supplies.
Operationally, PharmaRx relies on centralized sourcing, computerized pharmacy and supply-chain management systems, and a proprietary 'Zero Error Medicine Distribution Network' aimed at safety and accuracy. Technology is conventional rather than proprietary or AI-enabled: the stack includes standard pharmacy POS, inventory systems, a 360° virtual store tour for customer engagement, and social media channels (Facebook, Instagram, LinkedIn) plus WhatsApp for customer communication.
The business model combines B2C retail pharmacy sales with B2B wholesale distribution, monetized through per-transaction retail margins and wholesale supply fees to other retailers. PharmaRx serves two primary segments — individual patients/consumers via retail storefronts and SMB retail pharmacy buyers via wholesale — with no disclosed named enterprise customers, contract structures, or public pricing. Geographic reach is currently Gujarat-dominant with stated expansion intent toward Vadodara, Chennai, and Bengaluru, supported by two newly announced state-of-the-art warehouses. The company is privately held with no disclosed external investors, funding rounds, or financial metrics.
PharmaRX India Pvt Ltd firmographics
Firmographics- Name
- PharmaRX India Pvt Ltd
- Legal name
- Pharmarx India Pvt. Ltd.
- Website
- https://pharmarxindia.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- PharmaRx India Pvt Ltd is a privately held Gujarat-based pharmacy retail chain and B2B wholesale distributor, operating 17+ stores in Ankleshwar, Bharuch, and Surat under the PharmaRx brand (rebranded in 2024 from Paras Medicare). Founded in 2004, it sells branded medicines, OTC, surgical, and lifestyle products to consumers and SMB retailers.
- Ownership category
- akta.pro rank
PharmaRX India Pvt Ltd industry classification
Industry- Product category
- Retail Pharmacy
- NAICS
- Pharmacies and Drug Retailers (45611), Drugs and Druggists' Sundries Merchant Wholesalers (4242)
- SIC
- Retail-Drug Stores And Proprietary Stores (5912), Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122)
- akta.pro primary industry
- Retail & Community Pharmacies (Chain/Independent) (HLAFALAA)
- akta.pro secondary industries
- Specialty Pharmaceutical Distributors (HLAIAJAB), Retail Pharmacy Supply Wholesalers (HLAIAJAE)
Keywords
Where PharmaRX India Pvt Ltd is headquartered
LocationHeadquarters
- HQ city
- Ankleshwar
- HQ country
- India
- HQ region
- Asia
Offices17 records
Markets served
PharmaRX India Pvt Ltd business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Retail Pharmacy Sales: Revenue from dispensing branded medicines, OTC products, personal care, and specialty care products through chain of retail pharmacy stores
- B2B Wholesale Distribution: Wholesale supply of medicines to retail stores spanning multiple states within India, operating from distribution center in Ankleshwar
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
PharmaRX India Pvt Ltd product offering
Product offeringCore offering
PharmaRx India operates a chain of retail pharmacy outlets dispensing allopathy and branded medicines, OTC products, personal care items, specialty care products, and medical and surgical equipment across Gujarat. The company also runs a sizable B2B wholesale distribution operation from its Ankleshwar warehouse, supplying medicines to retail stores spanning multiple Indian states including Gujarat, Tamil Nadu, and Karnataka. The combined offering serves both end consumers through 17+ physical storefronts and other retailers through centralized wholesale supply, supported by computerized pharmacy and supply chain management systems.
Product overview
PharmaRx India operates as a pharmacy retail chain and wholesale distributor offering branded medicines, OTC products, personal care, and surgical supplies across Gujarat. The core offering consists of retail pharmacy stores and B2B wholesale distribution services, supplemented by a 360° Virtual Store Tour for customer engagement and a Zero Error Medicine Distribution Network for operational excellence. Formerly known as Paras Medicare and Paras Medical Agency, the company has unified multiple retail locations under the PharmaRx brand.
Differentiator
Problem solved
Functional benefit
Products and services
- PharmaRx Retail Pharmacy Chain Chain of pharmacy retail outlets dispensing allopathy and branded medicines, OTC products, personal care items, specialty care products, and medical and surgical equipment to walk-in consumers across Gujarat.
- B2B Wholesale Medicine Distribution Wholesale supply of allopathy and branded medicines, hospital surgical supplies, OTC, personal care, and specialty care products from the Ankleshwar distribution center to retail pharmacy stores across multiple Indian states including Gujarat, Tamil Nadu, and Karnataka.
Companies that use PharmaRX India Pvt Ltd
Customer profileSegments2 records
Ideal customer profiles2 records
PharmaRX India Pvt Ltd technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
PharmaRX India Pvt Ltd partnerships and signals
Strategic signalScale indicators4 records
Recent moves8 records
Expansion highlights4 records
PharmaRX India Pvt Ltd competitors and assessment
Company assessmentBroad incumbents
- Mankind Pharma: Large Indian pharmaceutical manufacturer with growing retail and consumer-health footprint. Comparable as a supplier and increasingly direct-to-consumer player in branded medicines.
Direct peers
- Apollo Pharmacy: India's largest organized pharmacy retail chain with thousands of stores nationwide. Directly comparable to PharmaRx as a multi-store branded-medicine retailer pursuing pan-India density.
- DavaIndia: Generic-medicine focused pharmacy chain with growing store count across India. Comparable as a multi-state branded/generic retail pharmacy chain targeting value-conscious consumers.
- Trust Pharmacy: Indian pharmacy retail chain with stores in multiple states, offering branded medicines and wellness products. Comparable as a regional chain expanding via new store openings.
- Wellness Forever: Western India-focused pharmacy chain with retail stores and private-label medicines. Comparable to PharmaRx as a regional retail pharmacy operator expanding within Maharashtra and adjacent Gujarat markets.
- Emami Frank Ross: Acquired pharmacy retail chain operating in East and West India. Comparable regional pharmacy chain with retail storefronts and B2B supply operations similar to PharmaRx.
- MedPlus Health Services: Large Indian pharmacy retail chain with deep presence across South and West India. Closely comparable store format, branded-medicine assortment and tier-2 town expansion strategy.
Emerging players
- Tata 1mg: Leading Indian online pharmacy and digital health platform. Comparable in end-customer offerings (prescription, OTC, wellness) but competes via online delivery rather than physical stores.
- Netmeds: Reliance-owned online pharmacy platform operating across India. Comparable in product mix and serves the same Gujarat consumer base through digital channels.
- PharmEasy: Major Indian e-pharmacy platform offering medicine delivery, diagnostics and teleconsultation. Adjacent competitor shaping customer expectations around online pharmacy ordering.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
PharmaRX India Pvt Ltd social profiles
Digital presencePharmaRX India Pvt Ltd financial estimates
Financial estimateRevenue estimate
Valuation estimate
PharmaRX India Pvt Ltd leadership team
Management profileNumber of profiles
Profiles1 record
PharmaRX India Pvt Ltd funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PharmaRX India Pvt Ltd M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PharmaRX India Pvt Ltd
What does PharmaRX India Pvt Ltd do?
PharmaRx India operates a chain of retail pharmacy outlets dispensing allopathy and branded medicines, OTC products, personal care items, specialty care products, and medical and surgical equipment across Gujarat. The company also runs a sizable B2B wholesale distribution operation from its Ankleshwar warehouse, supplying medicines to retail stores spanning multiple Indian states including Gujarat, Tamil Nadu, and Karnataka. The combined offering serves both end consumers through 17+ physical storefronts and other retailers through centralized wholesale supply, supported by computerized pharmacy and supply chain management systems.
Is PharmaRX India Pvt Ltd a public or private company?
PharmaRX India Pvt Ltd is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was PharmaRX India Pvt Ltd founded?
PharmaRX India Pvt Ltd was founded in 2004. It employs 1 to 10 people.
Where is PharmaRX India Pvt Ltd based?
PharmaRX India Pvt Ltd is headquartered in Ankleshwar, India, in the Asia region.
How does PharmaRX India Pvt Ltd make money?
Two revenue lines are on record. Retail Pharmacy Sales are the primary driver. The others are B2B Wholesale Distribution.
Who are PharmaRX India Pvt Ltd's main competitors?
Mankind Pharma is listed as a broad incumbent. Direct peers are Apollo Pharmacy, DavaIndia, Trust Pharmacy, Wellness Forever, Emami Frank Ross and MedPlus Health Services. Emerging players are Tata 1mg, Netmeds and PharmEasy.
Does PharmaRX India Pvt Ltd have an API?
No public API is recorded for PharmaRX India Pvt Ltd.
What industry is PharmaRX India Pvt Ltd in?
PharmaRX India Pvt Ltd's product category is Retail Pharmacy. Its primary akta.pro industry code is HLAFALAA, Retail & Community Pharmacies (Chain/Independent), with a secondary code of HLAIAJAB, Specialty Pharmaceutical Distributors. Its NAICS code is 45611 and its SIC code is 5912.