Indian startups raised $36B in 2021; Reliance's epharma pushNew-age companies went public for the first time, nearly 40 unicorns were minted, and by the end, startups had raised a whopping $36 billio...
CAIT urges govt to take action against e-pharmacy firms"It's a case of capital dumping in these e-pharmacies by foreign behemoths. Which can prove extremely detrimental to the sustenance and fut...
Tatas line up $1.2 billion for e-commerce playTata Group is set to invest around $1.2 billion for its entry into digital commerce with majority stakes in e-grocer Bigbasket and e-pharma...
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...
Big boys of India's pharmaceutical industry may reshape Indian e-pharmaIndia's $20-billion pharmaceutical industry is set for a shakeup as giants Reliance Retail and Amazon chart plans to enter the e-pharmacy s...
After Amazon, Flipkart in talks for e-pharmacy businessBoth Amazon and Flipkart's interest in medicine delivery comes at a time when the industry is seeing consolidation with Reliance Industries...
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...
Reliance plans to buy e-pharmacy NetmedsThe conversations between Reliance and Netmeds, which had also held talks with Walmart-owned Flipkart, had been going on before the coronav...
ePharma startups ‘sensitive’ to data Bill definitionFirms seek better definition of ‘sensitive’ health data and guidelines for anonymised data in the Personal Data Protection Bill. The clause...
Bombay HC strikes down plea against online drug salesThe petition had said certain categories of drugs (schedules H and X) cannot be sold without a prescription, that is, only through physical...
Where are the guidelines on e-pharma, Patna HC asks governmentGovernment yet to finalise amendments to Drugs and Cosmetics Rules, 1945.
Addressable market for e-pharmacies in India to reach $18.1 bn by 2023: EYBesides, the increase in chronic diseases, rising per capita income and resultant healthcare spend will also aid to its growth.
Netmeds acquires health tech startup KiViHealthNetmeds.com also acquired online video consultation app JustDoc last September venturing into healthcare services, diagnostics and consulta...
Madras High Court stays ban on online sale of medicineThe interim stay will be in place until the centre notifies statutory rules for online trade of medicines.
No restrictions on online sales of medicines for now: Madras HCThe bench has reserved its orders on the plea to stay an earlier court order that banned the sale of medicines online from December 20, whi...
We’re just aggregators, e-pharmacies tell Madras High CourtThis comes after the Madras High Court, in a recent injunction, restrained unlicenced e-pharmacies from doing business.
E-Pharma companies want more clarity on data sharing, localisation draft rulesThe health ministry had on August 28 published the draft guidelines for e-pharma companies, giving stakeholders 45 days to make suggestions.