# Ascent Health: Pharmaceuticals, Mumbai, India

> Ascent Health: Ascent Health is a leading digital healthcare platform in India that enhances the pharmaceutical supply chain through a comprehensive model...

Source: https://millionrounds.com/startup/ascent-health (Millionrounds; every figure on the page links to its filing or article)

India · [Pharmaceuticals startup](https://millionrounds.com/companies)

# 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.

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Funding reported Last round: Private equity

Pharmaceuticals Mumbai, India

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Company summary

- **Founded:** 2012 14 years old
- **Team:** 1,800 1,000+ people
- **Funding reported:** 60.9M as listed, currency not stated
- **Last round:** Private equity May 2020

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Ascent Health has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **60.9M** in the source's currency

Rounds **2**

Last round **Private equity**

Last round size **2M**

Last round date **May 2020**

Investors listed **3**

## The company, in detail

What they build

Known for

tech-enabled warehouses health care young workforce institutional pharmacy sourcing pharmaceutical cold chain solutions pharma logistics technology pharmacy supply optimization integrity in supply chain cold chain transportation warehousing solutions logistics services distribution network optimization logistics management supply chain consulting skill enhancement retail pharmacy partnerships

Built with from their website

GoDaddy Hosting DoubleClick GoDaddy Domains Google AdSense Atlassian Amazon AWS Proofpoint Google Workspace Google Meet Mobile Friendly

+1 more

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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](https://millionrounds.com/directory/ascent-health-wellness-solutions)

## Pharmaceuticals in India

Startups like it

- [**Truemeds** Mumbai · founded 2019 *Raised*](https://millionrounds.com/company/truemeds)
- [**Stelis Biopharma** Bengaluru · founded 2013 *Raised*](https://millionrounds.com/company/stelis-biopharma)
- [**Emil Pharmaceutical Industries Pvt. Ltd.** Mumbai · founded 1989](https://millionrounds.com/startup/emil-pharmaceutical-industries-pvt-ltd)
- [**Enaltec Labs Pvt Ltd** Navi Mumbai · founded 2006](https://millionrounds.com/startup/enaltec-labs-pvt-ltd)
- [**OneSource** Bengaluru · founded 2013](https://millionrounds.com/startup/onesource-2)
- [**La Renon Healthcare Pvt.Ltd.** Ahmedabad · founded 2007](https://millionrounds.com/startup/la-renon-healthcare-pvt-ltd)
- [**BDR Pharmaceuticals** Mumbai · founded 2002](https://millionrounds.com/startup/bdr-pharmaceuticals)
- [**MEDdelivery** Jaipur · founded 2018](https://millionrounds.com/startup/meddelivery)

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