Figtree Pharmacy secures AJVC seed round to scale from 4 to 25 neighbourhood stores across Mumbai and Delhi
Mumbai-based Figtree Pharmacy raised an undisclosed seed from AJVC Fund to fund a 6x small-format store expansion, build private-label medicines, and strengthen logistics and tech. Claims 90% repeat customers and AOV above Rs 1,000 across its existing four outlets.
Figtree Pharmacy, a Mumbai-based neighbourhood pharmacy startup, raised undisclosed seed funding from AJVC Fund to expand logistics, tech, private-label medicines, and scale from four to 25 small-format stores across Mumbai and Delhi.