Netmeds
TMT
Who are the biggest cash guzzlers in India Startup Inc?
Cash burn is a necessary evil that venture investors have to deal with, but India’s best-funded startups turned more aggressive ......
TMT
How policy flip-flops for internet businesses are clouding investor sentiment
New-age businesses typically thrive in two scenarios: One, where there is no established policy framework and they can operate as ......
TMT
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, ......
General
Kalpataru may sell 4 transmission lines to Adani; Netmeds likely to raise funding
Kalpataru Power Transmission Ltd is in discussions to sell four of its energy-transmission lines to Adani Transmission, two people in ......
TMT
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 ......
TMT
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 ......
TMT
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 ......
TMT
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 ......
TMT
Eight Roads, Fundamentum invest in PharmEasy's extended Series C round
Mumbai-based 91 Streets Media Pvt. Ltd, which operates online drug delivery platform PharmEasy, has raised $50 million (Rs 363 crore) ......
TMT
Matrix, Times Internet inject fresh capital into e-pharmacy Myra
Bengaluru-based Metarain Software Solutions Pvt. Ltd, which runs pharmacy app Myra, has raised Rs 8.75 crore ($1.2 million) in additional ......
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