Indian online pharmacy PharmEasy has proposed a merger with its smaller rival Medlife, to create a combined entity likely to be valued at $1.15B (Livemint)

Livemint:
Indian online pharmacy PharmEasy has proposed a merger with its smaller rival Medlife, to create a combined entity likely to be valued at $1.15B  —  The proposed merger indicates early signs of consolidation in the e-pharmacy segment, which along with edtech platforms outperformed most startups during the lockdown period.

from Techmeme https://ift.tt/317uEyc