INDIA- Medlife has discontinued operations in India to join PharmEasy, one of India’s top online pharmacy and medical care platforms.
This newly formed collaboration is expected to deliver innovative solutions toward delivering better experiences to consumers, delivery personnel and retail partners in India.
The merger is expected to complement PharmEasy’s ever growing efforts to simplify healthcare and impact lives in India’s healthcare space.
The transaction happens at a time when the e-pharmacy market is experiencing exponential growth, largely fuelled by restriction of movement and social distancing practices as per COVID-19 regulations.
According to Mordor Intelligence, the e-pharmacy market is valued at approximately USD 60,430 million as at 2020 and is expected to witness a revenue of USD 136,160 million by 2026, with Asia-Pacific region being the fastest growing market.
Following the merger, Medlife users will automatically get onboarded onto the PharmEasy platform.
“We have tried our best to make this transition as smooth as possible. Rest assured, we are committed to giving you a world class experience with faster delivery, exclusive offers, and benefits on a wide range of healthcare products and services,” retaliated the PharmEasy fraternity.
PharmEasy noted how excited they were about the merge which according to them signified a new beginning.
“This acquisition significantly strengthens our position in the healthcare industry, and further helps us in providing quality healthcare to a greater number of Indian households. Moving forward, we aim to be of even better service to the people.”
PharmEasy has been working towards making affordable healthcare accessible to all since 2015. Needless to say, they have come a long way and with this merger, it is only fair to expect they will reach greater heights.
Medlife discontinued its operations to merge with PharmEasy on May 25th, 2021.
Medlife customers are required to login to the PharmEasy app to start using their Medlife account via the same mobile number.
All their digitised prescriptions and saved addresses dating back to a year will be available on the PharmEasy app.
Medlife’s retail partners will also be brought along in the merger.
Users and retailers are assured of an uncompromising experience that will only improve over time.