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Flipkart forays into healthcare, set to acquire a majority stake in Sastasundar Marketplace Ltd
Flipkart forays into healthcare, set to acquire a majority stake in Sastasundar Marketplace Ltd
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By eHealth Network - 19 November 2021
The Walmart controlled e-commerce firm Flipkart has announced its entry into the healthcare segment through the launch of Flipkart Health+. As a part of this development, it has signed an agreement to acquire a majority stake in an online pharmacy, Sastasundar Marketplace Ltd.
According to news agency reports, the Kolkata-based online pharmacy owns and operates SastaSundar.com. It offers a digital healthcare and pharmacy platform supported by a network of more than 490 pharmacies and is backed by Mitsubishi Corporation and Rohto Pharmaceuticals, investors from Japan.
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