Pharmeasy eyes IPO at $3 billion valuation, buys rival MedlifePharmeasy acquired smaller rival Medlife, in the largest consolidation deal in India's fast-growing online pharmacy sector
27 May, 2021, 09.58 AM IST
PharmEasy completes acquisition of MedlifeThe company has now become the largest healthcare delivery platform across the country, catering to more than two million families every si...
26 May, 2021, 04.18 PM IST
Final countdownFrom Facebook's IT rules discussions with the govt to FarEye's big funding round and PharmEasy buying Medlife, here's a quick look at the t...
25 May, 2021, 07.49 PM IST
CAIT alleges violation of Drugs & Cosmetics Act by e-pharmacies"It is important to note that sale of prescription drugs and medicines through online medium is illegal. The legal regime, under the Drugs ...
20 Mar, 2021, 06.54 PM IST
Prosus in talks to put $200 million into PharmEasyProsus is expected to get a double-digit stake in PharmEasy's parent. Private equity major TPG Capital is also picking up about 7% stake in...
17 Feb, 2021, 12.17 PM IST
TPG looks to acquire 7% stake in Pharmeasy parent API HoldingsTPG's proposed investment in Pharmeasy comes at a time when Amazon is looking to invest as much as $100 million into the Apollo Pharmacy
10 Dec, 2020, 05.03 AM IST
PharmEasy in investment talks with Naspers, TPGOnline pharmacies such as PharmEasy and 1mg have registered growth outside their core metropolitan markets by rapidly expanding into tier-2...
09 Oct, 2020, 07.56 AM IST
High sales, health focus make e-pharmacy hotE-pharmacy had over 3 million users before the pandemic struck in India, according to a white paper from industry body Ficci and market res...
24 Aug, 2020, 09.25 AM IST
Reliance retail acquires majority stake in Netmeds' parent for Rs 620 croreIn a late evening filing, RIL said that it will also get a 100% direct equity ownership of Netmeds' subsidiaries, Tresara Health, Netmeds M...
19 Aug, 2020, 11.53 AM IST
With RIL eyeing Netmeds deal, ePharmacy in for consolidationReliance's yet-to-be announced acquisition of Netmeds for an estimated $120 million is a catalyst for other players such as PharmEasy and M...
04 Aug, 2020, 06.25 PM IST
Medlife revenue up 165% to Rs 363 cr, losses surge tooIn August, Medlife appointed former Myntra CEO Ananth Narayanan as CEO and cofounder, with a mandate to head day-to-day operations, raise f...
08 Jan, 2020, 08.51 AM IST
Medlife hits Rs 100 core revenue milestone in SeptemberCEO Narayanan says the Bengaluru-based company is on track to break even on unit economics level within the next 6-8 months.
19 Oct, 2019, 10.49 AM IST
Myntra ex-chief Narayanan may check into Medlife as CEOAnanth Narayanan has also invested personal capital in the e-pharma company.
05 Aug, 2019, 07.53 AM IST
Medlife acquires Myra to take ePharma service to 22 citiesBengaluru startup’s acquisition indicates early signs of consolidation in the sector
06 May, 2019, 04.23 PM IST
A healthy year for epharmacies; sales up 3XDespite strong demand from metros and towns, firms continue to burn capital due to intense competition.
12 Apr, 2019, 09.02 AM IST
E-commerce players brace for big battle over online pharmaFlipkart, Amazon, BigBasket and Swiggy are all in exploratory talks to acquire, partner or invest in online pharma players.
20 Jul, 2018, 09.27 AM IST
Medlife has $30 million prescription to scale up businessWith this money, the company says it plans spread over 100 cities by 2018.
28 Aug, 2017, 08.17 AM IST