As all the leading ecommerce and major companies in India enter the field of online pharmacy, Flipkart, a competitor with Amazon in the field of ecommerce, has also entered the field and expanded its business.
Flipkart has decided to capture the company already operating in the market without creating a new company to expand its business in the online business sector.
Online Pharmacy Business
The online pharmacy business is the main target for the growing population in the Indian digital commerce market today with the growth of trade parallel to online groceries. It was in this context that Reliance, Tata and Amazon entered the industry.
Flipkart
Flipkart has acquired a large stake in Sastasunder Marketplace, the online pharmacy company that currently dominates the ecommerce and digital commerce market, and has created a new healthcare business.
Flipkart Health +
Creates a new business segment called Flipkart Health + for Online Pharmacy Business in which Sastha Sundar Marketplace aims to integrate the corporate business and provide quality and affordable ePharmacy business to all customers across India
Business Expansion Plan
Flipkart Health + has acquired significant business and revenue measurements as well as offering e-diagnostics and e-consultation services, according to US-based Walmart-controlled Flipkart.
Geo NetMets – Tata 1MG
After the acquisition of Geo NetMets and Tata 1MG, Pharmaceuticals and Medlip merged to create a wholly-owned business. Amazon has since launched the ePharmacy business, which is currently affiliated with Flipkart.
Ajay Veer Yadav
Flipkart Health + Business is to be managed by Ajay Veer Yadav, Senior Vice President, Flipkart. Flipkart also did not disclose the amount of investment it will make in Shastasunder Marketplace.
Federal government to join hands with Flipkart .. is really a jackpot ..!
The Indian Ministry of Rural Development has for the first time partnered with Flipkart, the country’s leading ecommerce platform. The federal government is developing a number of important directives and frameworks to streamline and implement the ecommerce sector.
It is safe to say that this time around the Central Rural Development Ministry and Flipkart have teamed up for an important project that has created new confidence among ecommerce sector based companies.
Deendayal Andyodaya Yojana
The Central Government has decided to sell the products made by lakhs of artisans under the Deendayal Andyodaya Yojana – National Rural Livelihood Movement (DAY-NRLM) project to the people across India through the eCommerce platform.
Craftsmen
The Central Ministry of Rural Development has teamed up with Flipkart for a project to export products made by artisans across India. Through this alliance, Flipkart will be able to sell these products to 10 crore customers.
Agreement
The agreement has been signed by Flipkart and the Ministry of Rural Development. Although Flipkart was started in India, it is registered in Singapore and is owned and operated by Walmart in the United States.
National Rural Livelihood Movement
Through this alliance, millions of artisans across India under the Deendayal Andyodaya Yojana – National Rural Livelihood Movement (DAY-NRLM) program will not only gain greater trade but also increase productivity. Female artisans in particular will benefit the most.
Giriraj Singh
Central Rural Development Minister Giriraj Singh has been exploring all possible avenues to bring the products of artisans under the DAY-NRLM scheme across India. The first step is an alliance with Flipkart.
Flipkart – Amazon
Amazon, a fellow competitor of Flipkart, has announced in early 2024 that it intends to train millions of business entities to bring their products to the online trading platform, not only across India but around the world.
