InvestorQ : What is your view on the latest PharmEasy acquisition in the online pharma space?
vaishnavi mhatre made post

What is your view on the latest PharmEasy acquisition in the online pharma space?

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vidhya Laxmi answered.
3 weeks ago
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It may be early to call it consolidation in e-pharmacy space, but PharmEasy has just acquired Medlife in what could be one of the biggest deals in this nascent space. PharmEasy is already a unicorn meaning a company with a market valuation of more than $1 billion. The total value of the transaction has not been disclosed but estimates have put the valuation of Medlife at around $250 million.

Post the merger, all the Medlife customers will become PharmEasy customers and the porting will be absolutely seamless except a change in the interface. The combined entity of PharmEasy and Medlife will service nearly 2 million customers every month. PharmEasy will also onboard Medlife retail partners into the platform.

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