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Pharmallama Shark Tank India Season 2

by IndiaSuccessStories
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Pharmallama Shark Tank India Season 2 Got 2 crores Funding in Exchange of 5% Equity by Namita Thapar, Anupam Mittal, Peyush Bansal, Aman Gupta and Amit Jain.

Pharmallama Shark Tank India Season 2

Pitch no 124 with company details


Pharmallama provides consumers with medication in pre-sorted sachets through their “full-servicing pharmacy and comprehensive medication management platform.”

Founder of Pharmallama

Pharmallama was established in 2020 by Deepesh Rajpal, Achintya Dayal, and Arjun Raghunandan.

Pharmallama Funding Round

Company Name


Shark Tank India Season


Episode No


Season No





A smart medicine box

Original Ask

1 Crore for 1.5% Equity


2 crores for 5% Equity

Invested By:

Namita Thapar, Anupam Mittal, Peyush Bansal, Aman Gupta and Amit Jain

At the heart of Pharmallama's pitch was a commitment to leveraging technology to address a critical need in healthcare - medication non-adherence. With the rise of chronic diseases and complex medication regimens, Pharmallama recognized the importance of providing individuals with tools to effectively manage their medications and improve health outcomes. Their smart medicine box offered a comprehensive solution that combined convenience, intelligence, and connectivity to streamline medication management and promote adherence.

The Pitch:

Pharmallama entered the tank with a visionary concept to revolutionize the way individuals manage their medications. With an original ask of ₹1 Crore for 1.5% equity, Pharmallama sought investment to further develop and commercialize its smart medicine box technology. The device, equipped with advanced features such as medication reminders, dosage tracking, and real-time connectivity, aimed to empower users to take control of their health and adhere to their prescribed medication regimens with ease and efficiency.

The Deal:

Pharmallama's compelling pitch and innovative solution resonated strongly with investors Namita Thapar, Anupam Mittal, Peyush Bansal, Aman Gupta, and Amit Jain, who recognized the transformative potential of the technology in improving patient outcomes and reducing healthcare costs. Securing a deal with the investors, Pharmallama gained not only the financial backing needed to scale its operations but also strategic partners with expertise in technology, healthcare, and business development. With their support, Pharmallama is poised to accelerate the development and commercialization of its smart medicine box, bringing it to market and making a meaningful impact on the lives of patients worldwide.

Investors Behind Pharmallama

Namita Thapar, Anupam Mittal, Peyush Bansal, Aman Gupta and Amit Jain: With the backing of investors Namita Thapar, Anupam Mittal, Peyush Bansal, Aman Gupta, and Amit Jain, Pharmallama is well-positioned to lead the way in transforming medication management and improving patient adherence. The investment will enable Pharmallama to further enhance its technology, expand its reach, and forge partnerships with healthcare providers, insurers, and pharmacies, driving adoption of its smart medicine box and advancing the future of healthcare.


Pharmallama's success on Shark Tank India Season 2, Episode 39 underscores the power of innovation and technology in addressing pressing healthcare challenges and improving patient outcomes. As they continue to innovate and expand their reach, Pharmallama stands poised to revolutionize medication management and empower individuals to lead healthier, more fulfilling lives.

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