Medlife is an e-pharmacy startup in India that sold medicines online and was absorbed into PharmEasy's parent API Holdings through a 2021 consolidation deal.
This is a short Startup Deep Dive profile of Medlife. It includes only information that could be found in publicly available sources, and it will be expanded when more verified details are published. It is educational and not investment advice. Last updated: October 2026.
Medlife Quick Facts
| Company | Medlife |
| Founded | Reports differ: 2014 or 2016 |
| Headquarters | Not disclosed |
| Founders | Tushar Kumar, Prashant Singh |
| Sector | Online pharmacy |
| Total funding | Not disclosed |
| Valuation | Reported: $450 million as of June 2019 |
| Website | Not disclosed |
“Not disclosed” means no reliable public figure was found. Figures marked “reported” may differ between sources.
What Is Publicly Known About Medlife
- Medlife was an e-pharmacy business whose customer base PharmEasy was to absorb after the merger.
- Medlife was founded by Tushar Kumar and Prashant Singh; sources differ on whether the year was 2014 or 2016.
- April 2019: Rs 118 crore equity round from Prasid Uno Family Trust.
- 2019: Rs 110 crore debt financing from Wilson Global Opportunities Fund.
- 2020-2021: Agreed to merge with PharmEasy; Medlife shareholders to receive up to 19.59% of API Holdings (another report says 19.95%), at a combined valuation of about $1.2 billion.
- Reported: Medlife ceased operating after the deal.
- Reported: Rs 118 crore equity in April 2019 from Prasid Uno Family Trust.
- Reported: Rs 110 crore debt in 2019 from Wilson Global Opportunities Fund.
Why Information on Medlife Is Limited
Early-stage and privately held companies are often not required to publish financial statements, and many do not announce funding, customers or product milestones. Names can also be shared by several organisations, which makes it hard to match reports to the right company. Readers who want to assess Medlife should check the company’s own announcements and its filings with the Registrar of Companies.
- Check the basics: company registration, founders, product status and customers.
- Check the money: funding announcements and audited financial statements.
- Check progress: demonstrations, approvals and signed contracts.
Medlife FAQs: Frequently Asked Questions
What is Medlife?
Medlife is an e-pharmacy startup in India that sold medicines online and was absorbed into PharmEasy's parent API Holdings through a 2021 consolidation deal. This short profile includes only verified public information.
Who founded Medlife?
Medlife is reported to have been founded by Tushar Kumar, Prashant Singh.
How much funding has Medlife raised?
No reliable public funding figure for Medlife was found, so none is stated.
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Source
Source: Publicly available data, published reports, industry research, and other credible sources.
