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SASTASUNDAR MARKETPLACE
Medicine e-tailer Sastasundar says its deal with Flipkart is now overFlipkart has ended its partnership with Sastasundar in the online pharmacy and healthcare sector. Sastasundar has regained its brand's inte...- Flipkart Minutes eyes 10-min drug delivery to outpace its rivalsFlipkart is preparing to launch a rapid delivery service named Flipkart Minutes, targeting medicine deliveries within 10 minutes. The servi...
- ChrysCap set to take a bite of nutraceuticals co HealthKartChrysCapital is finalizing a deal to acquire a 20% stake in HealthKart, valuing it at $450 million. Peak XV will sell their stake in the ro...
- Flipkart Health+ plans to go pan-India: CEOThe Flipkart Health+ platform currently offers 83,000 prescription medicines and healthcare products, delivering to over 20,000 pincodes.
- Big valuation reset coming for Indian startups next year: Flipkart’s Kalyan KrishnamurthyIndian startups will go through a lot of turmoil and volatility over the next 12-18 months, Krishnamurthy said, speaking at the Economic Ti...
- Flipkart spent $1.1 billion in six months: Walmart filingsWalmart makes regulatory disclosures of cash and cash equivalent for Flipkart in its filings to the SEC. The cash spent by Flipkart include...
- EV firms face scrutiny on FAME-II subsidies; CXO-fresher salary gap widening in ITAccording to government officials, Hero Electric and Okinawa have been asked to show documents that support their subsidy claims while a fe...
- Flipkart spent $1.1B in six months; Facebook may quietly sack 15% of workersFlipkart has made multiple acquisitions and investments, and started several new businesses since late last year. Now, its parent company W...
- Flipkart has shown clear proof of value, will hit profitability: Walmart’s Judith McKennaSpeaking at Baird 2022 Global Consumer, Technology & Services Conference in New York on Tuesday, McKenna said there has been “clear proof o...
- Flipkart on track for profits, says Walmart’s Judith McKenna; will app notifications replace SMS transaction alerts?Walmart, which bought a majority stake in Flipkart four years ago, believes the ecommerce platform has shown “clear proof of value” and is ...
- Flipkart acquires D2C SaaS platform ANS CommerceFounded in 2017, ANS provides various services to companies and brands looking to sell online. These include services that help brands set ...
- Flipkart launches separate app for healthcare biz to take on 1mg, PharmEasy, othersFlipkart Health+ will have over 500 independent sellers who have a network of registered pharmacists for validation of medical prescription...
- Flipkart partners with Google Cloud to improve customer serviceThrough this partnership, Flipkart can take more load during peak purchase seasons, and hence reach more customers. Flipkart will also get ...
- This smallcap surges 5% as Ashish Kacholia increases stake in firmKacholia already held 1.04 per cent stake or 3.3 lakh shares in the online pharmacy and healthcare services provider as of September 2021.
- India-born Parag Agrawal Is Twitter CEO; RBI's crypto movesIn a surprise move, Jack Dorsey said on Monday that he was stepping down from Twitter and handing over the reins of the company he cofounde...
- Flipkart enters crowded healthtech sector with SastaSundar acquisitionThe Flipkart-SastaSundar deal comes when India’s largest online pharmacy PharmEasy has filed papers for a Rs 6,000-crore IPO and Tata and R...
- IPOs that crashed and burnedPaytm’s disastrous stock market debut—where its share price tanked 27.4% from its issue price—shares similarities with listing day performa...
- Flipkart makes healthtech foray; Paytm's flop decodedOne of the least surprising beneficiaries of the pandemic has been India's healthtech sector, which has seen a wave of consolidation.
- Flipkart to enter healthcare sector, to acquire majority stake in SastaSundar.comAs part of this development, the Group has signed definitive agreements to acquire a majority share in Sastasundar Marketplace Limited whic...
- SastaSundar.com launches range of organic green tea productsThe company will put forth its products online as well as offline through its 172 Healthbuddy centres.
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