However, the Gurugram-based companys total expenses grew only 21.5% during the year to Rs 1,016.5 crore – pointing to an improvement in its unit economics.
Tata 1mg had a 31% market share in September 2023 against 19% in October 2022 while PharmEasy slipped to 15% from about 33% during the same period, according to a data analysis by third-party internet market research firm Redseer, which ET has seen.
Tata Digital-owned 1mg has beaten rival PharmEasy to pole position in the countrys e-pharmacy market in terms of gross merchandise value. This and more in todays ETtech Morning Dispatch.
1mg Pharmeasy Market Share: Tata 1mg had a 31% market share in September 2023 against 19% in October 2022 while PharmEasy slipped to 15% from about 33% during the same period, according to a data analysis by third-party internet market research firm Redseer, which ET has seen.
With over 35 speakers, including 30 unicorns and soonicorns, across 25 sessions and 10 diverse tracks, the Delhi-NCR edition of ET Soonicorns Summit 2023 paved the way for the next wave of India s innovation economy. The event also featured a report launch and multiple startup showcases, making it a holistic platform for tracking new frontiers of growth in the startup-tech ecosystem.