Will close $150-mn funding in 3-5 months: Medlife CEO Ananth Narayanan

MedLife has seen 100 per cent year-on-year growth. It has built very unique assets that are not there with other players

Online health and pharmacy firm MedLife has brought onboard ANANTH NARAYANAN, former chief executive officer (CEO) of Myntra-Jabong, as co-founder and CEO. In an interview with Yuvraj Malik, Narayanan shares the reasons why he took up this role at MedLife and his immediate tasks that include plans for a $150-million fundraise. Edited excerpts:

After consulting and e-commerce, what brings you to e-pharmacy?

We look at it as e-health, of which e-pharmacy is only a part. MedLife has pharmacy, plus diagnostics and consultation. Overall, health care is a $100-billion market, with just less than 2 per cent (happening) online. This is a space