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Offline chemists, acting through bodies such as the Confederation of All India Traders (CAIT), have been lobbying for a ban on selling medicine online. The government would do well to ignore this.
E-retailer in talks to invest in Bengaluru-based Pharmallama.Flipkart may even acqui-hire the startup run by Mera Dawai Pvt. Ltd
Mfine said that it aims to build one of the largest virtual hospitals in the country and make high quality healthcare more accessible and effective with the use of AI and mobile technologies
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Tata Sons’ digital services subsidiary Tata Digital has infused debt money in online medicine startup 1mg. Tata Digital is in the final stages to acquire a controlling stake in the Gurugram-based company. As per regulatory filings, Tata Digital is picking up Rs 100 crore worth compulsorily convertible debentures or CCDs in 1mg, according to Entrackr, a platform that tracks tech companies. 1mg has allotted 29,054 CCDs at a price of Rs 34,417.87 per debenture to raise the sum. The firm has already received Rs 25 crore while the remaining Rs 75 crore will be infused at a later stage. The Entr...