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Investor dollars at risk as regulatory uncertainty hounds e-pharmacies

TMT

04 December, 2019

Investor dollars at risk as regulatory uncertainty hounds e-pharmacies

Ever since the Maharashtra drug regulator filed a police case against online retailer Snapdeal in 2015 for selling prescription drugs, ......

Podcast: Warburg, Nalanda & True North record exits; Brookfield's renewables play

Investor Bulletin

28 June, 2019

Podcast: Warburg, Nalanda & True North record exits; Brookfield's renewables play

There were some high-profile exit deals in the world of private equity this week, with Warburg Pincus recording stellar returns ......

Sequoia-backed HealthKart gets fresh funding from new investor Sofina

TMT

09 May, 2019

Sequoia-backed HealthKart gets fresh funding from new investor Sofina

Bright Lifecare Pvt. Ltd, which runs omnichannel health products store HealthKart, has raised fresh capital from a new investor, as ......

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In Charts: How much cash did India's top-funded startups burn in FY18?

TMT

12 April, 2019

In Charts: How much cash did India's top-funded startups burn in FY18?

India’s heavily funded technology startups are growing at a breakneck speed even though they have shifted gears downwards and have ......

Online pharmacy 1mg gets $10 mn from Korean healthcare fund, others

TMT

05 April, 2019

Online pharmacy 1mg gets $10 mn from Korean healthcare fund, others

Gurugram-based 1mg Technologies Pvt. Ltd, which operates an eponymous online pharmacy, has raised $10.32 million (Rs 65.37 crore) in fresh ......

VC-backed NetMeds acquires health-tech startup KiViHealth

TMT

25 March, 2019

VC-backed NetMeds acquires health-tech startup KiViHealth

Online pharmacy NetMeds Marketplace Pvt. Ltd said on Monday it has acquired health-tech startup KiViHealth in a cash-and-stock transaction. The acquisition ......

IFC plans to invest in online pharmacy 1mg's $70-mn round

TMT

01 March, 2019

IFC plans to invest in online pharmacy 1mg's $70-mn round

The International Finance Corporation (IFC), the private-sector investment arm of the World Bank, plans to invest an undisclosed sum in ......

Ola, 1mg and Eruditus lead VC funding this week

TMT

11 January, 2019

Ola, 1mg and Eruditus lead VC funding this week

Cab-hailing firm Ola topped the venture capital dealmaking chart during the week, followed by online pharmacy 1mg and ed-tech startup ......

Exclusive: Swiss investor to lead $35-mn round in online pharmacy 1mg

TMT

09 January, 2019

Exclusive: Swiss investor to lead $35-mn round in online pharmacy 1mg

Gurugram-based 1mg Technologies Pvt. Ltd, which operates an eponymous online pharmacy, is raising $35.31 million (Rs 248.63 crore) in a ......

Delhi High Court ban on e-pharmacies puts $300 mn of VC money at risk

TMT

13 December, 2018

Delhi High Court ban on e-pharmacies puts $300 mn of VC money at risk

The Delhi High Court on Wednesday issued a ruling prohibiting e-pharmacies from selling medicines online without a valid licence across ......