Former Myntra CEO Ananth Narayanan joins Medlife as co-founder, CEO

Must Read

President Ram Nath Kovind appoints new governor for Kerala, Telangana, Himachal Pradesh and Maharashtra

President Ram Nath Kovind appointed new governors for Maharashtra, Kerala, Telangana, Rajasthan, and Himachal Pradesh on Sunday. https://twitter.com/ANI/status/1168037199767457792 Former Union Minister Kalraj...

NRC list for Assam released; Fear looms as 19 lakh people face exclusion

NRC (National Register of Citizens) for Assam has been published at 10 am today. The final list excludes over...

Lateral Entry Era Begins as Union govt. appoints 9 professionals to Joint Secretary posts

The government has appointed its first batch of private professionals to the post of Joint Secretary in various ministries....

Ananth Narayanan, who had been responsible for the post of CEO in major e-commerce platforms Myntra, and Jabong, has joined Medlife as co-founder and CEO.

Narayanan will be responsible for driving the next S curve of growth, continue to strengthen the team, lead M&A’s, and help formulate strategy around new areas of growth.

Ananth Narayanan, cofounder and CEO, Medlife said, “Technology can play a disruptive role in making healthcare simple, personal, and accessible to all Indians. Medlife has built a terrific business and a great team. I look forward to working with them and with Prashant and Tushar to continue to scale the business.”

Narayanan will also be joining the Medlife Board of Directors.

Ananth Narayanan joined Myntra in 2015 as its CEO after having spent 15 years at McKinsey across various geographies. After Myntra acquired Jabong, he was heading the combined entity.

After a lot of back-and-forth, he finally announced his resignation in January. In a tweet, Narayanan said that he will be focusing on next phase of his entrepreneurial journey.

Medlife was founded by Tushar Kumar and Prashant Singh in 2014. The startup began as an inventory-led epharmacy and helps doctors digitally manage and store patient records.

With time, it has diversified to online doctor consultations, wellness products and laboratory services.

The company claims to service over 20,000 deliveries across 29 states and 25,000 pin codes. The company claims to have crossed the INR 1000 cr plus run rate as of March 2019. It further expects to achieve overall sales of INR 1500 Cr with an exit run rate of INR 2000 Cr over the next financial year.

Besides, Medlife, other significant leading epharmacy startups includes 1MGPharmaEasyNetMedsAlto Farmacy, etc.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

AIIMS-Delhi donates Rs 93.89 lakh to Odisha

New Delhi, Sep 18 (IANS) All India Institute of Medical Sciences (AIIMS), Delhi on Wednesday donated Rs 93.89 lakh...

Does BJP gets funding from spas in Delhi? DCW chief

New Delhi, Sep 18 (IANS) After raiding a number of spa centres in Delhi, Chairperson of the Delhi Commission for Women on Wednesday asked...

Delhi Sahitya Kala Parishad to get new cultural centre

New Delhi, Sep 18 (IANS) Delhi Deputy Chief Minister Manish Sisodia on Wednesday approved the construction of a new cultural complex for Sahitya Kala...

Tripura Congress Chief threatens to quit

New Delhi, Sep 18 (IANS) Upset over "interference" by AICC General Secretary In-Charge North East Luizinho Faleiro, party general secretary Pradyot Deb Barman has...

Akshay Kumar takes a ride on Mumbai Metro

Mumbai, Sep 18 (IANS) Akshay Kumar has shared a video on social media to tell fans about how he got stuck...
- Advertisement -

More Articles Like This