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

Delhivery, BigBasket close mega funding rounds among 15 startups funded this week

Kavya Kothiyal

A myriad of online businesses, from e-commerce to a bus aggregator to a business-to-business (B2B) marketplace, dominated startup ....

29 March, 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
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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

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

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
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Flashback 2018: E-pharmacies get bouquets and brickbats; AI boosts health-tech

Shweta Sharma

Anyone looking close enough would hardly miss the seemingly snaky trend health-tech investments had assumed over the past few ....

27 December, 2018

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

Looking at more enterprise-focussed tech startups: Sistema Asia Fund's Sumit Jain

Payal Ganguly

Having worked with venture capital firm Kalaari Capital for about nine years, Sumit Jain joined Sistema Asia Fund Advisory as ....

6 November, 2018

Setback for e-pharmacies as Madras HC suspends online sale of medicines

Binu Paul

In what could be a major setback to the blossoming e-pharmacy business in India, the Madras High Court on Wednesday issued an ....

31 October, 2018

IAMAI seeks clarity on draft e-pharmacy bill

Payal Ganguly

Industry body the Internet and Mobile Association of India (IAMAI) has sought clarification on whether the e-Pharmacy Bill is ....

16 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

Former Snapdeal product head backs online funding platform LetsVenture

Disha Sharma

Former chief product officer at Snapdeal Anand Chandrasekaran has invested in Bangalore-based IndiePitch Solutions Pvt. Ltd, ....

9 March, 2017