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Reliance Retail has bought a 60% stake in pharma marketplace Netmeds’ parent firm Vitalic for about $83.2 million, it said today, as India’s largest retail chain looks to expand into new ...
v. t. e. An online pharmacy, internet pharmacy, or mail-order pharmacy is a pharmacy that operates over the Internet and sends orders to customers through mail, shipping companies, or online pharmacy web portal. Online pharmacies include: Pharmacy benefits managers – Entities that administer corporate prescription drug plans.
Reliance Retail, the largest retail chain in India, acquired the parent firm of online pharmacy Netmeds last year. Its conglomerate rival, Tata Digital bought online pharmacy 1mg in June.
Stand-alone pharmacy chains. Bartell Drugs (subsidiary of RiteAid since 2020; operates as separate brand name) Boone Drug. CVS Pharmacy. Discount Drug Mart. Duane Reade (subsidiary of Walgreens since 2010; operates as separate brand name) Family Pharmacy. Good Neighbor Pharmacy. Hartig Drug.
PharmEasy competes with other e-pharmacy companies including Netmeds (which was acquired by Reliance Industries), 1mg (acquired by Tata Group), Apollo 24x7 and Amazon Pharmacy. The Ken questioned the company's positioning as a unified healthtech player and referred to the company's story as "more confusing than convincing".
Amazon has launched an online pharmacy in Bangalore, ... Netmeds, Medlife and PharmEasy currently sell medicines in India online and deliver to most parts of the country. 1mg, which has raised ...
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