Pharmacy distributor MedPlus plans to set up 200 stores in tier II and III cities in Tamil Nadu over the next one year. “We are planning to reach out to the interior parts of Tamil Nadu and set up 200 franchise stores in the initial stage, in the next one year. We will be planning another […
Tag: pharmacy
US fund Maverick in online pharmacy startup
US-based investment fund Maverick Capital Ventures is leading a Rs 100-crore financing round in 1mg, formerly HealthKartPlus, as investors continue to be bullish on the huge potential of online pharmacy startups. The Sequoia Capital-backed 1mg had spun off last year from its parent HealthKart and…
AskmeBazaar to launch marketplaces to deliver food and medicines
Online marketplace AskmeBazaar is launching AskmeFresh, a fresh food delivery marketplace and Askme-Meds, an online health marketplace, to take on established online players in the grocery and pharmacy space. Through these initiatives, which will go live in the next three months across 38 cities,…