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Netmeds

Flipkart joins race to deliver medicines in India

TMT

06 April, 2022

Flipkart joins race to deliver medicines in India

Walmart Inc-owned Flipkart Group has joined the race to deliver medicines in India, joining the likes of some of the ......

Unicommerce to invest $5 mn for global expansion

TMT

23 November, 2021

Unicommerce to invest $5 mn for global expansion

New Delhi-based Unicommerce eSolutions Pvt Ltd, which provides a software-as-a-service (SaaS)-based order management and fulfillment platform to ecommerce and retail ......

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PE firms shift focus from traditional healthcare to healthtech investments post Covid

Healthcare

17 October, 2021

PE firms shift focus from traditional healthcare to healthtech investments post Covid

Private equity (PE) firms that were in favour of investing only in traditional healthcare companies are now warming up to ......

Warburg Pincus, PremjiInvest back pharmacy chain MedPlus

Healthcare

11 February, 2021

Warburg Pincus, PremjiInvest back pharmacy chain MedPlus

New York headquartered private equity investor Warburg Pincus, and PremjiInvest, the family office of Wipro founder chairman Azim Premji, have ......

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Healthcare PE deals fall from perch in July-Sept, M&As little changed

Healthcare

12 October, 2020

Healthcare PE deals fall from perch in July-Sept, M&As little changed

The number of private equity deals in India’s healthcare sector dropped in the July-September period to their lowest level in ......

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Reliance Industries hands Netmeds investors a mixed bag of returns

TMT

21 August, 2020

Reliance Industries hands Netmeds investors a mixed bag of returns

When mid-market investment bank MAPE Advisory Group decided to invest in Netmeds Marketplace Ltd in 2015, the online pharmacy venture ......

Reliance Retail acquires majority stake in e-pharmacy Netmeds

TMT

19 August, 2020

Reliance Retail acquires majority stake in e-pharmacy Netmeds

Reliance Industries Ltd’s retail unit has purchased a majority stake in online pharmacy Netmeds for Rs 620 crore ($83 million) ......

Amazon starts e-pharmacy in India as online drug sales grow

TMT

14 August, 2020

Amazon starts e-pharmacy in India as online drug sales grow

Amazon.com Inc on Friday launched an online pharmacy in India to serve the city of Bengaluru, the latest move by ......

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PharmEasy makes formal move to buy Bengaluru-based peer

TMT

11 August, 2020

PharmEasy makes formal move to buy Bengaluru-based peer

PharmEasy, one of the most heavily funded online pharmacy startups, has made a formal move to acquire a Bengaluru-based peer ......

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Top-funded Indian startups' ad & marketing spends more than doubled to $1.35 bn

TMT

11 March, 2020

Top-funded Indian startups' ad & marketing spends more than doubled to $1.35 bn

Backed with venture money, India’s best-funded startups went aggressive in attracting and retaining customers -- so much so that a ......