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Pharmeasy buys Medlife, creates India s largest online pharmacy
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Last Updated: May 25, 2021, 03:05 PM IST
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Synopsis
Pharmeasy said that Medlife would discontinue its operations and would be merged with its own platform from May 25
ETtech
Illustration: Rahul Awasthi
Mumbai-based Pharmeasy on Tuesday announced the acquisition of its smaller rival Medlife. This is the largest consolidation deal in India’s fast-growing online pharmacy sector, and comes as
Reliance, Tata and Amazon are all vying for a share of the market.
“This will make us the largest healthcare delivery platform across the country by a distance serving more than two million families every single month,” Dhaval Shah, co-founder of Pharmeasy, wrote on Linkedin.
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