India · Pharmaceuticals startup

Ascent Health

Ascent Health is a leading digital healthcare platform in India that enhances the pharmaceutical supply chain through a comprehensive model that includes warehousing, logistics, supplies, and credit.

Funding reportedLast round: Private equity

PharmaceuticalsMumbai, India

About Ascent Health

Ascent Health is a leading digital healthcare platform in India that enhances the pharmaceutical supply chain through a comprehensive model that includes warehousing, logistics, supplies, and credit.

The company connects top pharmaceutical manufacturers with over 25,000 pharmacies across the country, focusing on automating backend processes to improve healthcare accessibility and affordability. The core offering is a tech-enabled, fully digitized supply chain platform designed for B2B pharmaceutical exchange. Ascent Health aims to become the largest pharmaceuticals distribution company in India, featuring advanced, tech-driven warehouses. The company serves a diverse clientele, including major pharmaceutical firms like Zydus Cadila, Cipla, and Pfizer, as well as various hospital chains. Founded by graduates from prestigious institutions, Ascent Health has achieved significant growth, with an annual gross merchandise value exceeding $300 million and a year-over-year growth rate of over 100%. The company's mission is to bring harmony to the healthcare landscape and ensure that effective healthcare is affordable for everyone.

What company datasets say Ascent Health raised

Funding, as reported

Reported in all60.9Min the source's currency
Rounds2
Last roundPrivate equity
Last round size2M
Last round dateMay 2020
Investors listed3

The company, in detail

What they build

Known for

tech-enabled warehouseshealth careyoung workforceinstitutional pharmacy sourcingpharmaceutical cold chain solutionspharma logistics technologypharmacy supply optimizationintegrity in supply chaincold chain transportationwarehousing solutionslogistics servicesdistribution network optimizationlogistics managementsupply chain consultingskill enhancementretail pharmacy partnerships

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Sector
Pharmaceuticals
Industry code
NAICS 424210, 493120, 541614, SIC 4731, 5122, 4225
Region
Maharashtra
Part of
API Holdings
Revenue
300M a year, as listed
Full record
Every detail in the company directory

Pharmaceuticals in India

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