Flipkart forays into healthcare sector

Acquires stake in online pharmacy

– Flipkart has signed definitive agreements to acquire a majority share in Sastasundar Marketplace Ltd., which owns and operates SastaSundar.com, an online pharmacy and digital healthcare platform

– SastaSundar.com offers a digital healthcare and pharmacy platform supported by a network of more than 490 pharmacies

– Flipkart Health will leverage the combined strengths of the Flipkart Group, which includes its pan-India reach and technology capabilities

Bengaluru, November 19

The Flipkart Group on Friday announced its foray into the healthcare sector through the launch of Flipkart Health .

As part of this development, the Group has signed definitive agreements to acquire a majority share in Sastasundar Marketplace Ltd which owns and operates SastaSundar.com, an online pharmacy and digital healthcare platform.

SastaSundar.com offers a digital healthcare and pharmacy platform supported by a network of more than 490 pharmacies, a Flipkart statement said.

Flipkart Health will leverage the combined strengths of the Flipkart Group, which includes its pan-India reach and technology capabilities, with SastaSundar’s expertise to provide consumers end-to-end offerings in the health-tech ecosystem, it said.

“It will endeavour to give millions of Indian consumers access to quality and affordable healthcare, starting with e-pharmacy and will add new healthcare services such as e-diagnostics and e-consultation over time,” the statement added. — PTI