PharmaDeskBilling System

Our story

We started because India's pharmacies
deserved better software.

Medivaults was founded in 2018 with one mission — replace the outdated billing software, paper registers and disconnected tools used by Indian pharmacies and medical stores with one modern, affordable platform.

1,200+
Stores live on Medivaults
50+
Cities across India
5M+
Invoices generated / month
74
Net Promoter Score

Our mission

Make running a pharmacy as simple as it should be.

A pharmacist should be dispensing medicines and advising customers — not hunting for near-expiry stock, reconciling GST purchase invoices or manually updating Schedule H registers at midnight.

We built Medivaults to eliminate these daily frustrations — so every pharmacy owner and store manager can run a tighter, more profitable operation without a team of accountants or IT staff.

Impact at our stores

Reduction in billing time78%
Drop in expiry stock losses70%
Faster purchase reconciliation65%
Improvement in stock accuracy88%

Based on average across 1,200+ deployments · 2023 customer survey

Our journey

From a pharmacist's problem
to India's fastest-growing pharmacy platform.

2018
Founded in Pune
Medivaults was founded after watching pharmacy owners manage critical drug stock on spreadsheets and handwritten registers. We knew there had to be a better way.
2019
First 100 medical stores
Launched the billing and inventory modules. Onboarded our first 100 independent pharmacies and medical stores across Maharashtra and Gujarat.
2020
Purchase & expense modules
Shipped full procurement management and expense tracking. Helped stores survive supply chain disruption with real-time stock and cost visibility.
2021
Schedule H/H1 compliance
Built India's most complete Schedule H and H1 drug dispensing register — automated, audit-ready and directly tied to billing.
2022
Multi-branch & enterprise
Released the Enterprise branch management suite. Pharmacy chains with 5 to 50 stores could now manage everything from one HQ dashboard.
2023
1,200+ stores across India
Crossed 1,200 active deployments across standalone pharmacies, medical stores and chains in 50+ cities. Raised Series A to expand nationwide.

What we stand for

Our values

Pharmacist-first design

Every feature is tested by practising pharmacists before it ships. If it slows down a counter, it doesn't go live.

Compliance built in

Drug licensing, Schedule H/H1 registers, GST invoicing and e-way bills — compliance is a core feature, not a bolt-on.

Go live in 24 hours

Pre-configured for pharmacies and medical stores. Import your stock and start billing the same day — no IT team needed.

Built for India

Multi-GSTIN, regional language invoices, UPI payment integration and Indian drug regulatory compliance from day one.

Support from real pharmacists

Our support team includes former retail pharmacists and store owners. They understand your problems because they've lived them.

Continuous improvement

We release updates every two weeks based on direct feedback from pharmacists, chemists and store managers.

The team

Built by people who've
run pharmacies themselves.

AI
Arjun Iyer
CEO & Co-Founder

Former pharmacy chain operations head. 14 years building and running retail pharma businesses across Maharashtra.

SK
Sneha Kulkarni
CTO & Co-Founder

Ex-engineering lead at a pharma ERP company. Built inventory & billing systems used by 500+ distributors.

RB
Rahul Bansal
Head of Product

Previously led product at a medical store SaaS. Expert in GST compliance, drug regulations and retail pharmacy billing.

NM
Nisha Mehta
Head of Customer Success

Former retail pharmacist. Leads onboarding for all new stores and personally ensures every customer goes live within 24 hours.

Join 1,200+ pharmacies
that run on Medivaults.

30-day free trial. No credit card. Go live in 24 hours.

Start free trial Contact our team