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#DamaniTalks

Episode XLiv- Dharmil Sheth, co-founder of PharmEasy

08 Jul 2021

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#DamaniTalks XLiv features Dharmil Sheth, co-founder of PharmEasy Dharmil Sheth is a serial entrepreneur, who has built India's first health tech unicorn with a valuation of $4 billion – PharmEasy. Prior to PharmEasy, he founded BoxPlay Sports, 91streets and Ekagrata. Dharmil holds an MBA from the Institute of Management Technology, Ghaziabad. The foundation of India's largest medicine delivery platform- PharmEasy, dates back to 2015 when Dharmil Sheth started a mobile application where users took a photo of their prescription and PharmEasy delivered their pharmaceutical requirements to their doorstep, at a 20% discount. Today, it is a unicorn with over 17 million active users and is worth $4 billion! Key takeaways from the episode: How did Dharmil’s internships at Techno Gravity Solutions and MakeMyTrip.com help him with his entrepreneurial plunge? What did his first venture BoxPlay Sports provide? How was the idea behind Dharmil's 2nd venture-91streets born? What were the high and low points that eventually led to shutting down the company? As a founder member, what gave Dharmil the idea to start Ekagrata? What is the vision behind Ekagrata? How does Dharmil balance his time between Ekagrata while building a billion-dollar company? Why did Dharmil & Dhaval start PharmEasy? What were Dharmil’s early years at PharmEasy like? How does Dharmil differentiate PharmEasy's service from others and ensure longevity despite a competitive market? What were the challenges in building a startup in one of the highest regulated industries in India? How does Dharmil manage that conflict between meeting the regulations and driving growth? What was Dharmil's experience raising $872M over the years? If he were to define the elevator pitch for PharmEasy now, what would it be? How did the Medlife acquisition impact PharmEasy? What transpired the deal of acquiring a publicly listed company- Thyrocare? Why did Dharmil choose to acquire when he has the bandwidth to build? Where does Dharmil see PharmEasy in the next 5 years?

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