Dawaa Dost seeks ₹200-250 crore in maiden round to scale generic medicine pharmacy network

Jaipur-based omnichannel generic drug retailer Dawaa Dost is raising its first institutional equity round via EY, targeting ₹200-250 crore to expand offline stores and its Kirana Tech affiliate network across tier-II and tier-III cities.

— Filed Sun, 12 Jul, 2026, 06:07 IST · Source Mint · Industry · Updated

Jaipur-based omnichannel generic medicine pharmacy Dawaa Dost seeks to raise ₹200-250 crore in its maiden institutional equity round via EY, to expand its offline stores and Kirana Tech affiliate network across tier-II/III cities.

Why this matters

Dawaa Dost's first institutional round marks a step from bootstrapped growth to backed expansion, targeting generic drug retail in underserved tier-II and tier-III markets via both owned stores and a Kirana Tech affiliate model.

Retail-company signals accelerating at +730500% QoQ.