91springboard raises Rs 45 crore in fresh funding
As soon as the lockdown was announced in March, 91springboard had paused it’s billing cycle on membership plans offering some respite.
Things get tough for Medlife, NetMeds, others as they run at 50-70% capacity
Although warehouses are open and delivery staff moving freely, t...
Startups ask government to taken steps to flatten the coronavirus curve
Startups like Urban Company, Bounce, Cred, Snapdeal, Unacademy, 1MG h...
The doctor will see you now – virtually
Bringing relief to patients seeking doctors’ visit amidst a pandemic, telemedicine startups are not only offering easy online consultations, but also filling the affordability and accessibility gap of the healthcare industry in India.
COVID-19 outbreak brings both orders and worries for startups
As demand for home delivery spikes, consumer internet firms are beefing up hygiene and safety measures for delivery agents and consumers.
Online pharmacies to lead eHealth market to touch $16 B in five years: Report
Behind this massive growth in ehealthcare is growth in healthcare expenditure over the next five years, which, RedSeer says, will touch $353 billion, from $135 billion today.
Unclear regulations on e-pharmacies may hinder investments: 1mg’s Prashant Tandon
The government has been working on draft regulation now, till the final regulation comes out and it has been more than one year since the draft came out.
Cash on delivery payment option suspended on Amazon, Flipkart, 1MG
These online ordering and delivery platforms have temporarily suspended the COD payment option to minimize the risk of spreading of coronavirus infection and to ensure the practice of social distancing.
Billionaires, startups team up to fix broken Indian health care
Shocking videos of coronavirus patients lying next to corpses in overrun hospitals and ambulances with critically-ill driving around in search of hospital beds have conferred fresh impetus to the task of rescuing Indian health care.
Medlife revenue up 165% to Rs 363 cr, losses surge too
In August, Medlife appointed former Myntra CEO Ananth Narayanan as CEO and cofounder, with a mandate to head day-to-day operations, raise funds and oversee mergers and acquisitions at the firm.
ePharma startups ‘sensitive’ to data Bill definition
Firms seek better definition of ‘sensitive’ health data and guidelines for anonymised data in the Personal Data Protection Bill. The clause on ‘fair and responsible processing’ of data in the Bill also needs to be clarified and cannot be left open to interpretation.
21-day nationwide lockdown: For many, ePay's the way to buy essentials
Over 50% of all debit and credit card transactions — both at point-of-sale machines used by local stores and online checkouts at merchant sites — in the two weeks of the shutdown were for food and grocery-related purchases, up from 12% prior to the announcement. The surge in payment volumes is in line with demand experienced by aggregators as well as a push from their side to avoid accepting cash.
Want to scale up your business? Take local nuances into account
Innov8 recently launched its operations in Navi Mumbai and has sizeable number of startups and SMEs working from its facilities. The coworking startup realized that these companies don’t need 100-150 seater cabins, hence it decided to opt for 4-6 seater cabins there which was different from other places.
Telemedicine takes spotlight in season of flu
As the number of confirmed cases of Covid-19 continues to rise in India, telemedicine or online consultation has become the first point of contact for many who suspect they’ve contracted the disease. Companies such as Practo, 1mg, Medlife, mFine and a few others are reporting a several-fold increase in online consultations for a flu or fever-related ailments.
Reliance plans to buy e-pharmacy Netmeds
The conversations between Reliance and Netmeds, which had also held talks with Walmart-owned Flipkart, had been going on before the coronavirus lockdown, sources said.
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