November 19 - 10:11
Flipkart enters healthtech space
Flipkart has acquired online pharmacy SastarSundar in its first foray into the healthtech space. The ecommerce giant will create a new healthcare vertical called Flipkart Health+. Terms of the acquisition were not disclosed. SastarSundar works with nearly 500 pharmacies across India. Flipkart's main rival, Amazon India, started delivering pharmaceutical products in the country last year.
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