06 November 2024
Quick commerce startup Zepto may launch an online pharmacy delivery services, the Times of India reported. "It's probably a category we will be excited about in the future," Zepto founder Aadit Palicha told TOI. "There will be a lot of innovation that will need to be done in the space. This is something we will focus on in the medium to long term and probably not in the short term," he added. The Covid-19 pandemic has triggered consolidation in the Indian healthcare industry and seen the entry of large players such as Reliance Industries and the Tata Group, which picked up Netmeds and 1mg, respectively. In April, Walmart-owned Flipkart launched a separate app, Flipkart Health+, for its healthcare business. The platform will operate on a marketplace model, in which third-party sellers will offer medicines and healthcare products, as we reported in April. ET reported on March 31 that Flipkart had pumped in $143 million into its healthcare unit. The company also appointed former Apollo Health executive Prashant Jhaveri as chief executive of its healthcare business in March.
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