PharmEasy announces expansion plans: Aims to scale up employee base by 10X over the next two years

Will more than double the talent pool to 500 by the end of current financial year

New Delhi, September 21, 2016: In its bid to further facilitate and make the process of accessing medicines hassle-free, PharmEasy,India’s leading digital facilitator connecting local pharmacies with consumers, plans to rapidly expand its team in the next six months. From its current employee strength of 200, PharmEasy plans to more than double its talent pool to 500 within this time frame. This number will further grow by 10X over the next two years.

The online health aggregator looks on course to achieve this goal, having already doubled its talent pool in the last two months by adding over 100 associates in its team. Since April last year, when ParmEasy started its operation as a five member team, the company has grown to 200 employees currently.

It has been a diversified and prolific recruitment drive in PharmEasy, mainly catering to the two branches of Tech and Operations. In the former, backend engineers, frontend engineers, Android developers, iOS developers and data scientists have been inducted while in Operations, PharmEasy has in corporated process management, city operations, area operations and strategic initiatives personnel.

Dharmil Sheth, Co-Founder, PharmEasy while announcing the hiring plans of the company said,“Healthcare is the largest utility vertical in the world and India has the world’s second largest population. Correspondingly, it also has a high level of population suffering from medical conditions. Thus, medicine consumption levels in India are extremely high, so much so that medicine combined with other healthcare services contribute to over 5-10% of India’s GDP.The growing demand of customers to shop for medicines the e-way has helped to boost the growth of PharmEasy. It is this growing demand which has motivated us to expand our team and enhance consumer satisfaction by serving them better.”

In the past one year, the online healthcare sector has been able to create over 5,000 jobs and is looking to employ more than 50,000 people in the next two years. Digital companies operating in this space in India are currently disrupting the supply chain and making technological advancements to make every element of the business much more efficient than the conventional offline channel. PharmEasy aims to leverage this scope by digitizing operations, tracking sales and optimizing working capital by using inventory management tools at a majority of offline pharmacy retail outlets in India that work sans any tools for improving operations and sales at their stores.

PharmEasy’s growth spurt will continue, considering the boom experienced by the digital healthcare industry. While the e-commerce industry suffers from downsizing and battles a high attrition rate, the online healthcare sector comprising the pharmacy aggregators and e-pharmacies are on a hiring spree with a vision to create employment, skill and IT Infrastructure in the healthcare sector, in keeping with the Prime Minister’s vision of initiatives such as Digital India and Skill India.

Corporate Comm India(CCI Newswire)