Online Pharmacy News

Companies

Amazon India launches online pharmacy service

It has launched the online pharmacy service in Bengaluru to begin with, and may conduct pilots in other cities too going forward Healthcare startups Practo, NetMeds, 1mg, PharmEasy and Medlife are witnessing a huge surge in demand and a spurt in funding activity, similar to edtech platforms, which outperformed all other sectors among startups

1 min read13 Aug 2020
Companies

Online medicine startups in funding frenzy as sector consolidates

Flipkart, Amazon India, Swiggy and BigBasket are evaluating an entry into online medicine delivery, opening up possibility of acquisitions

3 min read18 Dec 2018
Companies

Amazon makes big foray into health care with PillPack acquisition

Amazon,PillPack deal is expected to close during the second half of 2018

1 min read28 Jun 2018
Companies

Alibaba injects pharmacy assets into healthcare unit in $1.4 billion deal

Alibaba's deal should bolster business for Ali Health amid a broader push into a fast-growing healthcare technology market by other firms in China

1 min read29 May 2018
Companies

Govt readies policy to regulate online pharmacies

Chemists have opposed a government policy for online pharmacies on the grounds that such sales are illegal and easy availability of medicines can lead to their misuse

2 min read17 Oct 2017
Companies

1mg raises $15 million in funding round led by HBM Healthcare

1mg Technologies will use the funds from HBM Healthcare and others to launch predictive healthcare and corporate wellness products

2 min read27 Jul 2017
Companies

Online pharmacies see muted investor interest over regulatory uncertainties

Online pharmacies in India received total funding of $28.45 million in 2016, compared with $62.20 million a year ago

3 min read31 Jan 2017
Companies

E-pharmacy 1mg Technologies buys MediAngels

1mg Technologies acquired MediAngels for an undisclosed sum in cash, stocks to enter specialty doctor consultations, corporate health services and insurance partnerships

2 min read16 Dec 2016
Companies

Netmeds buys Pluss in bid to scale quicker

Acquisition will raise Netmeds' head count to about 450, and double its penetration in the National Capital Region

1 min read25 Nov 2016
Companies

Start-ups in alternative lending and B2B commerce attract investors

Three-fold rise in funding and doubling of deals in financial technology, automobile technology, online pharmacy and telemedicine sectors, start-up tracker Tracxn's figures show

4 min read16 Aug 2016