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E pharmacy The Growth Story of 2020 - BW Businessworld

BW Businessworld E-pharmacy: The Growth Story of 2020 The coronavirus pandemic and its fallout have pushed consumers towards online pharmacy in 2020. This space, therefore, is now a hotbed of big investors and bigger brands, all keen to ride on the e-pharma bandwagon. It is a space to watch out for in 2021 Photo Credit : The year 2020 has been a year of increased accessibility and reorganization for the e-pharmacy sector in India. This space has become very competitive recently with the Reliance Industries acquiring a controlling stake in Chennai-based e-pharmacy platform NetMeds and Tata Group reportedly eyeing 1MG, another leading e-pharma player. With a buzz around global online retail giant Amazon eyeing a massive investment in home-grown Apollo pharmacy, this sector will continue to generate news and attracting big-ticket investment even in 2021, say experts.

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