Pharmeasy buys Medlife, creates India s largest online pharmacy
SECTIONS
Last Updated: May 25, 2021, 03:05 PM IST
Share
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.
Alkem Laboratories Ltd Board recommends Final Dividend of Rs 5
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Alkem Laboratories Ltd eases for fifth straight session
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Alkem Laboratories Ltd Board to consider FY21 results & Final Dividend on May 25, 2021
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.