Netmeds
Retail
Festive gifting goes digital with e-cards
Snapdeal, one of India’s leading value-focused marketplace, has seen digital gift cards gain in popularity over the past few days as users look for safe and convenient gifting options for friends and family. Instantly delivered over email, these include...
Retail
Reliance Retail acquires majority stake in Netmeds for Rs 620 cr
IANS -
Reliance Industries Limited (RIL) on Tuesday announced that its subsidiary Reliance Retail Ventures Limited (RRVL) has acquired a majority equity stake in Vitalic Health Pvt Ltd and its subsidiaries (collectively known as Netmeds) for a cash consideration of approximately...
Retail
Mukesh Ambani in talks to buy several retail e-commerce firms
IANS -
Mukesh Ambani is looking to expand his retail footprint by acquiring several e-commerce players.
This is being seen as a precursor to the ongoing battle with Amazon for India's hot e-commerce retail market.
Mukesh Ambani's Reliance Industries Ltd. (RIL) is in...
Food
Patanjali expects online sales to grow in coming months
Baba Ramdev led Patanjali Ayurved is clocking an online sales of up to Rs 15 crore every month and expect it to grow further every month, said a top official.According to a PTI report: The Haridwar-based company has done...
Food
Patanjali debuts online, announces partnership with Amazon India, Flipkart
IANS -
Aiming to expand its footprint in the country's FMCG sector, Baba Ramdev promoted Patanjali on Tuesday launched its e-commerce platform under the tagline "Haridwar to har dwar" (Haridwar to every door step online).The company has also announced its partnership...
Retail
Netmeds to venture into offline space, to open 10 stores in Chennai
IANS -
Online pharmacy Netmeds Marketplace Ltd will open 10 physical pharmacy outlets here by July 2017 in order to reach out to medicine buyers faster, said a top company official.
"We will be opening 10 outlets under the franchisee model. Our...
Retail
E-pharmacies, waiting to surf toward a better pill: Prashant Tandon, CEO 1mg
Over the last two decades, rising Internet and mobile phone penetration have changed the way consumers communicate with a brand or take purchase decisions in India.
From travel, movies, hotel reservations, books, matrimonial services, electronic gadgets, fashion accessories and even...
Retail
Proposal to register e-pharmacies via a national portal positive, says 1mg's Prashant Tandon
Amidst the long-drawn battle between chemists and online medicine retailers in the country, the recent recommendation by a health ministry sub-committee to set-up a national portal for registration of e-pharmacies is seen as a breath of fresh air by the pharmacies...
Retail
DCGI to ban e-pharmacies violating rules
The Drugs Controller General of India (DCGI) has recently announced that it will ban companies selling medicines online if they are found to be violating rules.
The DCGI has also directed all state governments and Union territories reportedly to take...
Retail
Online pharmacy Pluss raises USD 1 million
Pluss, an on-demand hyperlocal delivery startup for medicines and healthcare products, has announced that it has raised USD1 million (Rs 6.65 crore) in pre-Series A funding from IDG Ventures India, Singapore's M&S Partners and US-based Powerhouse Ventures.
The Gurgaon-based startup...
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How the denim industry is keeping itself green
With the global denim segment projected to hit $95 billion by 2030, it poses a dual threat to both...
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