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Flipkart enters online pharmacy space with SastaSundar.com acquisition, announces ‘Flipkart Health+’

India’s highly lucrative but fiercely competitive online healthcare space will now see another major entrant. Flipkart today announced, that it 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. With this acquisition, Flipkart will also start building a newly launched health vertical, christened ‘Flipkart Health+’. SastaSundar.com runs an online platform (and apps) that helps consumers order medicine via their prescriptions. It has tied up with independent, small chemists across the country, and delivers medicine to consumers from one of those nearest stores.

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