India's Pharmaceutical industry is 3rd largest in the world by volume.India has the highest number of US-FDA compliant Pharma plants outside of USA.

The pharmaceutical industry in India is expected to reach $65 bn by 2024 and to $120 bn by 2030 as per Govt of India data. India is home to more than 3000 pharma companies which have national as well as International presence. These companies have their distribution network and these distributors works on different business models like: Generic Pharma Products, Ethical or Branded Pharma Products, PCD (Propoganda cum Distribution) or Semi-Ethical  Pharma Products, which makes pharma space heavily crowded and clustered difficult for the resellers, retailers or marketers to choose the right company to collaborate with.

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Medibasket is a platform which offers to connect distributors/resellers/retailers with the Pharma Companies which can offer higher margins with good quality products manufactured in a WHO-GMP approved pharma manufacturing plants.