Online pharmacies seek urgent notification of E-Pharmacy Rules

Payal Ganguly

A consortium of e-pharmacy companies, digital health platforms (DHP), met in Delhi today to draw the government’s attention ....

3 December, 2019

Funding roundup: Curefit tops the chart as deal value breaches $350 mn again

Kavya Kothiyal

Startup funding activity in the last week of June was almost a mirror image of the week before, with a couple of high-value deals ....

28 June, 2019
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Swiss family office Corisol leads $70 mn funding round in e-pharmacy 1mg

Binu Paul

Gurugram-based e-pharmacy 1mg Technologies Pvt. Ltd has raised $70 million (Rs 482.7 crore at current exchange rates) in a funding ....

28 June, 2019

Belgium’s Sofina invests $25 mn in omnichannel wellness store HealthKart

Vijayakumar Pitchiah

Gurugram-based omnichannel health products store HealthKart has raised $25 million (Rs 175 crore at current exchange rates) in ....

9 May, 2019

BEENEXT leads $1 mn round in GramFactory; Netmeds may raise $100 mn: Reports

Kavya Kothiyal

GramFactory, which enables small retailers to bulk-purchase FMCG products, raised $1 million (Rs 7 crore at current exchange rate) ....

9 May, 2019

Health-tech startup Medlife aims to double revenue run rate in FY20

Binu Paul

Health-technology startup Medlife International Pvt. Ltd said on Monday that it had recorded a revenue run rate of Rs 1,000 crore ....

15 April, 2019
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Online healthcare startup Medlife gets $17 mn in fresh funding

Binu Paul

Health-technology startup Medlife International Pvt. Ltd has received funding of $17 million (Rs 118 crore at the current exchange ....

12 April, 2019

Online pharmacy 1mg gets $10 mn from Korean healthcare fund, others

Kavya Kothiyal

Gurugram-based 1mg Technologies Pvt. Ltd, which operates an eponymous online pharmacy, has raised $10.32 million (Rs 65.37 crore) ....

5 April, 2019

Online pharmacy NetMeds snaps up health-tech startup KiViHealth

Kavya Kothiyal

Online pharmacy NetMeds Marketplace Pvt. Ltd said on Monday it has acquired health-tech startup KiViHealth in a cash-and-stock ....

25 March, 2019

E-pharmacy 1mg to raise capital from IFC as part of $70 mn round

Vijayakumar Pitchiah

The International Finance Corporation (IFC), the private-sector investment arm of the World Bank, plans to invest an undisclosed ....

1 March, 2019
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From diagnostics to video consultation, Netmeds is gearing up for a growth spurt

Binu Paul

Netmeds is well known to most Indian cricket fans. After all, large logos of the online pharmacy company were emblazoned on cricket ....

22 February, 2019

Why India’s e-pharmacies are still awaiting a policy prescription

Binu Paul

The dozen-odd startups that constitute India’s nascent e-pharmacy sector currently operate in a regulatory grey area and ....

15 February, 2019

Exclusive: Online pharmacy 1mg raising fresh capital at $200 mn valuation

Vijayakumar Pitchiah & Kavya Kothiyal

Gurugram-based 1mg Technologies Pvt. Ltd, which operates an eponymous online pharmacy, is raising $35.31 million (Rs 248.63 crore) ....

9 January, 2019

Relief for e-pharmacies as Madras HC stays order banning online sale of medicines

Binu Paul

E-pharmacies have received a boost as the Madras High Court has stayed an order banning the sale of medicines online, according ....

3 January, 2019

Madras High Court enforces blanket ban on online sale of medicines

Vijayakumar Pitchiah

In another setback for e-pharmacies, the Madras High Court on Monday enforced a blanket ban on the sale of online medicines till ....

17 December, 2018

Delhi High Court orders pan-India ban on online sale of medicines

Binu Paul

The Delhi High Court on Wednesday issued a ruling prohibiting e-pharmacies from selling medicines online without a valid licence ....

13 December, 2018

1mg sees eight-fold hike in revenue as losses widen for FY18

Anand J

Gurugram-based 1mg Technologies Pvt. Ltd, which runs online drug marketplace 1mg, has seen its revenue from operations surge over ....

23 October, 2018

Online drug delivery platform PharmEasy tops up Series C funding round

Vijayakumar Pitchiah & Bruhadeeswaran R

Mumbai-based 91 Streets Media Pvt. Ltd, which operates online drug delivery platform PharmEasy, has raised $50 million (Rs 363 ....

26 September, 2018

Exclusive: VC-backed pharmacy app Myra gets a new dose of funding

Vijayakumar Pitchiah

Bengaluru-based Metarain Software Solutions Pvt. Ltd, which runs pharmacy app Myra, has raised Rs 8.75 crore ($1.2 million) in ....

14 September, 2018

With one eye on policy, e-pharmacies seek cure for bleeding and vitamins for growth

Anand J & Binu Paul

From a cash burn rate that is among the highest in the tech startup space to issues around distribution, scaling and profitability, ....

27 April, 2018

E-pharmacies welcome govt’s draft rules but grey areas abound

Anand J

Online pharmacies and experts across the board have largely welcomed the government’s draft regulations for the sector, which ....

25 April, 2018