Podcast Startups

Listen: Amazon India forays into e-pharmacy; dealmaking slows down; WFH gains ground in startup ecosystem

n the latest episode of its TechThisWeek podcast, reporters from TechCircle talk about priorities of Indian internet users when it comes to browsing online, extended work from home in the new normal and dealmakers in the startup ecosystem. 

Also in the week’s podcast:

  • Ecommerce marketplace Amazon ventures into the online pharmacy services segment, with a soft launch in Bengaluru. Called Amazon Pharmacy, the service will offer delivery of prescription-based and over-the-counter medicines, health devices and Ayurveda medication from certified sellers.
  • The role of venture debt as the best bet for early-stage startups in a crisis-hit economy, even as the Reserve Bank of India extends its Priority Sector Lending (PSL) status to startups.
  • Overall funding reduced from $38 million last week to about $28 million this week, edtech remained the most funded sector with companies like upGrad, Winuall and Terra.do raising funds. 

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