As Flipkart and Swiggy prepare to add medicines to their quick delivery portfolios, relatively unknown entities such as Medino’s, Medstown and Plazza have started 30-minute services in smaller cities and are looking to raise funds to expand and take on the giants. Healthcare company Taskar, which has been offering pharmacy, lab and clinic services at affordable costs since 2020, created …
Apps like Tata 1mg and Netmeds can soon face a ban over the online sale of drugs for alleged violation of norms. The Union Health Ministry in India is considering regulations and strict actions against e-pharmacies, which are online platforms that sell medicines, due to concerns over data privacy, malpractices, and baseless sale of drugs. As per a PTI report, …
Tata 1mg has introduced drone delivery service in Dehradun to provide faster delivery of diagnostic samples and medication along the air route. The digital health platform launched the drone delivery service in the city on Thursday along with three integrated pharmacy and diagnostics stores of Tata 1mg to offer faster delivery and medical assistance altogether in the city and nearby …
Tata 1mg Technologies Pvt. Ltd, which runs online pharmacy 1mg, has raised $40 million in a funding round led by its majority shareholder Tata Digital Limited at a unicorn valuation. Tata Digital Limited invested about $32 million while KWE Beteiligungen and HBM Healthcare Invested close to $2.35 million and $2 million, respectively, in the online pharmacy, according to the corporate …
