Online Pharmacy

In the grey markets, shares of Mankind Pharma enjoyed a premium of Rs 90, which translated to a likely listing price of Rs 1,170 per share on the upper price band

Meanwhile, e-pharmacies say they are open to working with the Ministry and regulators for any alignment required

The deal may result in Flipkart gaining access to technologies of the platform, the people said on condition of anonymity

Gives firms two days to respond to allegations that they flouted rules

Share prices, trading activity slump amid rising uncertainty for startup listings

As part of the new service offering, Udaan will provide medicine delivery to pharmacies every 4-hour with 4 delivery slot options in a day to order medicines across six cities

Funding round was led by Tata Digital; Tata 1mg has become 105th unicorn in India

Some are managing supply-chain backend for retail pharmacies, right from stockist to chemist, others are offering telemedicine kiosks at chemist outlets, and digitising pharmacies

It said online pharmacies should adopt self-regulatory measures in the areas of collection, use, sharing of data and privacy

Softbank is still evaluating proposal. The firm aims to acquire a company in the healthcare space and to clear loans raised earlier, says source

PharmEasy will retain the Thyrocare brand

Apollo will merge its online and offline pharmacy businesses (excluding hospital pharmacies) and telemedicine verticals into a single entity called Apollo HealthCo

PharmEasy cofounder Dhaval Shah wrote on LinkedIn that the merged entity will be India's largest online healthcare delivery platform, serving over 2 million families every month.

The move ahead of the Gurugram-based firm's acquisition by the Tata Sons arm

The firm is already raising its next round at a valuation of about $1.8 billion, the person said, wishing to remain anonymous as the fresh round is still underway

The startup procures generic medicines from around nine major pharmaceutical manufacturers

Sources said that the hospital chain is targeting large Domestic Mutual Funds, Sovereign Funds

The order analysis is based on millions of orders received by Swiggy

Amazon, Reliance recently announced their foray into e-pharma sector

Called Amazon Pharmacy, the new store lets customers price-compare as they buy drugs on the company's website or app.