Flipkart to enter healthcare sector, to acquire majority stake in SastaSundar.com – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/flipkart-to-enter-healthcare-sector-to-acquire-majority-stake-in-sastasundar-com/articleshow/87797874.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis

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

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 Limited 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.

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