New Delhi: Mumbai-based pharmacy aggregator PharmEasy has closed a $17-million deal (around Rs 111 crore) in a series-B round by three of its existing venture capital investors, said a person aware of the deal. The funding indicates continued interest in the online pharmacy segment despite a repo…
Tag: NetMeds
Online pharmacy licenses will ease business, say start-ups
Even as India deliberates on the status of online pharmacies, startups such as 1MG Technologies and NetMeds say they are planning to take up an e-pharmacy licence if the government allows online sale of medicines. A proposal is underway through a sub-committee under the Modi government which is l…