Summary
After Reliance, Tata and Amazon, Walmart-backed Flipkart has made its presence felt to get a pie of India’s growing e-pharmacy market. The online retail giant’s Affordable Marketplace investment has made it a five-pronged battle as one cannot ignore the pharmacies’ aggressive moves. Now the question is how does the deal stand up to the competition.
On November 19, 2021, a little-known company operating modestly in the confines of India’s up-and-coming online-pharmacy market stole the thunder from the pharmacy’s much-anticipated entry into the public markets. SastaSundar Marketplace, a step-down subsidiary of Sastasundar Ventures, a listed firm, suddenly caught the attention of business news portals and investors, as Walmart-backed Indian e-commerce giant Flipkart announced its acquisition.
By
- font size
abcSmall
abcmedium
abcBig
Sign in to read full article
You got this Prime Story as a free gift
₹399/Month
monthly plan
Billed amount ₹ 399
₹208/Month
(Save 49%)
annual plan
Billed Amount ₹2,499
15 day trial
,DocuBay and TimesPrime subscriptions are included.
₹150/Month
(Save 63%)
2-year plan
Billed amount ₹3,599
15 day trial
,DocuBay and TimesPrime subscriptions are included.
Already a member? Sign in now
Why ,
Exclusive Economic Times stories, editorials and expert opinion in 20+ regions
-
stock analysis. market research. industry trends 4000+ on stock
-
clean experience with
Minimum Advertisement -
Comment and Engage With ET Prime Community -
special invitation to Virtual events with industry leaders -
a reliable team of journalist and analyst Which can best filter the signal from noise
