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In today s ETtech Morning Dispatch: Govt appears to be at an impasse with Facebook, WhatsApp, Google and Twitter over new India IT rules; Twitter Tip Jar feature coming soon to India; Koo app raises $30 million at over $100 million valuation. ....
Pharmeasy buys Medlife, creates India s largest online pharmacy SECTIONS Last Updated: May 25, 2021, 03:05 PM IST Share Synopsis Pharmeasy said that Medlife would discontinue its operations and would be merged with its own platform from May 25 ETtech Illustration: Rahul Awasthi Mumbai-based Pharmeasy on Tuesday announced the acquisition of its smaller rival Medlife. This is the largest consolidation deal in India’s fast-growing online pharmacy sector, and comes as Reliance, Tata and Amazon are all vying for a share of the market. “This will make us the largest healthcare delivery platform across the country by a distance serving more than two million families every single month,” Dhaval Shah, co-founder of Pharmeasy, wrote on Linkedin. ....
Pharmeasy buys smaller rival Medlife May 25, 2021 Medlife will discontinue operations and will merge with Pharmeasy Mumbai-based e-pharmacy start-up Pharmeasy on Tuesday said that it has acquired Medlife for an undisclosed amount. Medlife will discontinue operations and will merge with Pharmeasy. Medlife customers just need to login to the PharmEasy app to start using their Medlife account via the same mobile number. All their digitised prescriptions and saved addresses dating back to a year will be available on the Pharmeasy app. Pharmeasy will also onboard Medlife’s retail partners. Dhaval Shah, co-founder Pharmeasy, in a blogpost said: “We believe that joining hands with Medlife will create an even stronger platform to accelerate this mission. We welcome all the Medlife users and partners to our family.” ....
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