Tata Digital-owned 1mg has beaten rival PharmEasy to pole position in the country’s e-pharmacy market in terms of gross merchandise value. ...

Goldman Sachs is likely to convert some of its loan to online pharmacy PharmEasy into equity. Buoyed by binding commitments from existing i...

Online pharmacy PharmEasy recorded a positive ebitda of around Rs 14 crore, which means it is operationally profitable, even as one of its ...

Existing investors will also put in $70 million, valuation at $2.5-$2.75 versus $5.4 billion of last year’s pre-IPO round. IPO is shelved f...

The Mumbai-based firm is also stitching up a private financing round through a rights issue where company founders are expected to invest p...

The number of deals closed in the fourth quarter increased around 52% at 184 compared to 121 in the previous quarter, the report showed.

Tata-owned 1mg is set to open its first physical store in Gurugram next month while rival PharmEasy has started to expand across the offlin...

API Holdings, the parent of online pharmacy PharmEasy, has filed its draft red herring prospectus (DRHP) with market regulator Sebi for a ₹...

API Holdings intends to utilise the net proceeds for prepayment or repayment of all or a portion of certain outstanding borrowings availed ...

PharmEasy, the only major Indian e-pharmacy that hasn't been bought out by a bigger firm, plans to launch its IPO before the end of the fis...

PharmEasy is acquiring a majority stake in diagnostics chain Thyrocare Technologies, in what the online pharmacy claimed was the first ever...

E-pharmacy had over 3 million users before the pandemic struck in India, according to a white paper from industry body Ficci and market res...

Madras High Court will hear a petition from Tamil Nadu Chemists and Druggists Association that has challenged the existence of e-pharmacies.

This comes after the Madras High Court, in a recent injunction, restrained unlicenced e-pharmacies from doing business.

"We had to create a platform that could represent the smaller community and discuss with the government how this model would impact the ind...

"We will be primarily deploying the money in technology. It is about scaling and using tech to scale, " said Dharmil Sheth, cofounder of Ph...

The funding indicates continued interest in the online pharmacy segment despite a reported dip in the total investment secured by startups ...