Key Takeaways
For Kaushal Shah, this past Valentine’s Day was four years in the making. Shah, the founder and CEO of EVitalRx, has been quietly building towards doing what India’s e-pharmacies have struggled to do for the past decade—delivering medicines in mere minutes.
“If no one else will do it, we will,” Shah remarked on a chilly January afternoon in Delhi. Fast forward to 14 February. PillO—a new pharma e-commerce app—went live, promising 60-minute medicine deliveries. The Ahmedabad-based platform will soon launch in Bengaluru, Pune, and Hyderabad as well.
Unlike e-pharmacies, which rely on warehouses and inventory-led models, PillO leverages EVitalRx’s network of over 7,000 retail pharmacies, effectively sidestepping the regulatory hurdles that have seen e-pharmacies stumble in their efforts to disrupt the offline pharma space.
For context, despite billions of dollars being poured into the e-pharma space, e-pharmacies have failed to gain substantial traction in India. The Rs 2,40,000 crore retail pharmacy market remains largely dominated by unorganised players (85%), with online penetration restricted to a mere 3-5%, far behind the 22-25% seen in developed markets, according to a December 2024 report from CRISIL.
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