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Tata 1mg
Tata 1 mg, previously 1 mg, is a healthcare platform based in Gurugram, India. It provides services, including e-pharmacy, diagnostics, e-consultation and health content. It was founded in April 2015 by Prashant Tandon, Gaurav Agarwal and Vikas Chauhan. History In 2012, BLPL (Bright Lifecare Private Limited) started a digital health platform called HealthkartPlus. In 2015, Healthkart Plus separated from BLPL to form 1MG Technologies Private Limited. Healthkart continued as a platform for fitness and health products, 1 mg was a generic drug search business. The primary goal of 1 mg is to make healthcare accessible and economical. The Gurugram-based digital health startup maintains an online medicine database with information on side effects; generic substitutes, and provides home delivery services for pharmacy, FMCG and lab tests. In June 2021, Tata Digital Ltd, acquired 55% stake in 1 mg to form Tata 1 mg. Also Read * MedPlus * Online pharmac ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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E-consultation
Electronic consultation is an aspect of telemedicine which involves remote communication between patients and clinicians, or between clinicians and specialists. E-consult was one of the earlier applications which primary care physicians could use to consult specialists. Dermatology lent itself to this approach as pictures could be sent for examination in a specialist centre in a process analogous to the well-established treatment of pathological specimens. The widespread use of electronic health records is reducing the need for specialist applications of this kind. There is developing interest in the application of such techniques in mental health. See remote therapy. Consultation applications Getting an appointment with care specialists can be difficult. But electronic consultation has stepped in to provide medical diagnosis or evaluation that can be carried out over the phone from the comfort of your home. Your healthcare provider can easily place a voice or video call to y ...
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Indian Companies Established In 2015
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the U ...
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Online Retailers Of India
In computer technology and telecommunications, online indicates a state of connectivity and offline indicates a disconnected state. In modern terminology, this usually refers to an Internet connection, but (especially when expressed "on line" or "on the line") could refer to any piece of equipment or functional unit that is connected to a larger system. Being online means that the equipment or subsystem is connected, or that it is ready for use. "Online" has come to describe activities performed on and data available on the Internet, for example: "online identity", "online predator", "online gambling", "online game", "online shopping", "online banking", and "online learning". Similar meaning is also given by the prefixes "cyber" and "e", as in the words "cyberspace", "cybercrime", "email", and "ecommerce". In contrast, "offline" can refer to either computing activities performed while disconnected from the Internet, or alternatives to Internet activities (such as shopping in bri ...
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Online Companies Of India
In computer technology and telecommunications, online indicates a state of connectivity and offline indicates a disconnected state. In modern terminology, this usually refers to an Internet connection, but (especially when expressed "on line" or "on the line") could refer to any piece of equipment or functional unit that is connected to a larger system. Being online means that the equipment or subsystem is connected, or that it is ready for use. "Online" has come to describe activities performed on and data available on the Internet, for example: "online identity", "online predator", "online gambling", "online game", "online shopping", "online banking", and "online learning". Similar meaning is also given by the prefixes "cyber" and "e", as in the words "cyberspace", "cybercrime", "email", and "ecommerce". In contrast, "offline" can refer to either computing activities performed while disconnected from the Internet, or alternatives to Internet activities (such as shopping in bri ...
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Flipkart Health+
Flipkart Health+ (formerly known as SastaSundar Healthbuddy Limited), is a e-commerce platform dealing in healthcare, online pharmacy, diagnostics and e-consultation in India. The company was co-founded in 2013, by Banwari Lal Mittal and Ravi Kant Sharma with the name SastaSundar. On 1 April 2022 Flipkart acquired a majority stake in SastaSundar making it a Walmart-owned company. Flipkart health+ appoints Prashant Jhaveri as CEO on March 15, 2022. History SastaSundar Healthbuddy Limited, started as an online pharmacy in 2013. The company is based out of Kolkata, India. The company is a subsidiary of SastaSundar Ventures Limited, established in 2014. The company has more than 200 stores in India. Funding In May 2017, SastaSundar received ₹33.4 crore funding from Japan-based pharmaceutical company Rohto Pharmaceutical. In Aug 2019, Mitsubishi Corporation is Japan's largest trading company (sogo shosha) and a member of the Mitsubishi keiretsu. As of 2022, Mitsubis ...
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Medlife
Medlife was an Indian online platform, which provided pharmacy, diagnostics, and e-consultation in India. It was founded in 2014 by Prashant Singh and Tushar Kumar. The company had a central laboratory based in Bangalore and operated in 29 states. In 2021, PharmEasy acquired Medlife, and merged Medlife's operations into its own platform. History The company started out as an online platform for medicine delivery and later expanded to offer online doctor consultation and diagnostic services. Medlife offered one consumer-facing mobile app for accessing all three services. In November 2018, Medlife acquired healthcare start-up EClinic. In 2019, it acquired Medlabz, a digital healthcare platform, and MyraMed, a medicine-delivery startup. In August 2019, Ananth Narayanan (former CEO of Myntra) joined Medlife as the Co-Founder and Chief Executive Officer. According to a Frost and Sullivan report Medlife owns 30 per cent of the e-Pharma market share in India. In May 2020, Medlife ...
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Amazon Pharmacy
Amazon Pharmacy is an American online pharmacy which is a subsidiary of Amazon. The business was launched on November 17, 2020, initially offering pharmacy service only in the United States. Launch and business model On November 17, 2020, Amazon launched Amazon Pharmacy. The move was described as "arguably Amazon’s broadest push into the healthcare business to-date." Amazon Pharmacy's business is based on sales. The company offers free, two-day home delivery of prescriptions to Amazon Prime subscribers. Amazon Pharmacy requires customers to establish a secure pharmacy profile to manage insurance and medical information. At the time of its formation, Amazon Pharmacy's operation was limited to the United States. At the time of its launch, Amazon Pharmacy also announced its intention to offer a help line staffed by pharmacists and a discount program for uninsured customers. Challenges faced by Amazon Pharmacy include the need for customers to ask doctors to redirect prescriptions, ...
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Online Pharmacy Laws In India
Online pharmacy laws in India are still in nascent stage and there are no dedicated online pharmacy laws in India. The Information Technology Act 2000 governs some of the legal issues pertaining to online dealings but it is silent on the aspect of online pharmacy. As a result, illegal online pharmacies have been increasing in India. It has been said that, if properly regulated, online pharmacies in India could prove beneficial to various stakeholders. Deficient Indian laws The Drugs and Cosmetics Act, 1940, and the Drugs and Cosmetics Rules, 1945, have guidelines on the sale of Schedule H and Schedule X drugs. These can be sold only on prescription and there are specific rules, including for labeling. most of the online pharmacies in India were not complying with the laws of India or of other jurisdictions, and faced regulatory sanctions. Media reports claim that some online pharmacies are controlled by organized criminal networks. The anti-narcotics cell (ANC) of India has w ...
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MedPlus
MedPlus Health Services is an Indian pharmacy retail chain, headquartered in Hyderabad. MedPlus is the second largest pharmacy chain in India, operating over 3,000 pharmacy stores across 374 cities, as of 2022. MedPlus sells prescription and OTC medicines, FMCG products, vitamins and other nutrition supplements, and opticals. It also offers clinical laboratory services and physician consultation services in Hyderabad, Vijayawada and Bangalore. The company owns and runs ePharmacy and an online clinical lab service. History MedPlus was founded in 2006 by Madhukar Gangadi. The company's first store was launched in Hyderabad. Initially operating under the Aushadhi brand name, it was rebranded as MedPlus after the opening of the first 48 stores. The company opened pharmacies in the western states of Gujarat and Rajasthan in 2007 but had to shut down and exit operations due to recurring losses. It relaunched stores in Ahmedabad, Gujarat in 2014. In December 2021, MedPlus Health S ...
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Generic Drug
A generic drug is a pharmaceutical drug that contains the same chemical substance as a drug that was originally protected by chemical patents. Generic drugs are allowed for sale after the patents on the original drugs expire. Because the active chemical substance is the same, the medical profile of generics is equivalent in performance. A generic drug has the same active pharmaceutical ingredient (API) as the original, but it may differ in some characteristics such as the manufacturing process, formulation, excipients, color, taste, and packaging. Although they may not be associated with a particular company, generic drugs are usually subject to government regulations in the countries in which they are dispensed. They are labeled with the name of the manufacturer and a generic non-proprietary name such as the United States Adopted Name (USAN) or International Nonproprietary Name (INN) of the drug. A generic drug must contain the same active ingredients as the original brand-name ...
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Tata Digital
The Tata Group is a multinational conglomerate based in India, with many subsidiary and joint venture companies. Tata Sons Limited is the holding company of the Tata Group, and holds the bulk of shareholding in these companies. Tata Sons Ltd is the owner of the Tata name and the Tata trademarks, which are registered in India and several other countries. About 86% of the equity capital of Tata Sons is held by philanthropic trusts endowed by members of the Tata family. The biggest two of these trusts are the Sir Dorabji Tata Trust and Sir Ratan Tata Trust. Subsidiaries Notable subsidiary companies and joint ventures of the Tata Group include: * Tata Chemicals ** Rallis India Limited – an agricultural research company ** Brunner Mond *** British Salt ** Magadi Soda Company ** Tata Swach * Tata Communications — a communication company ** VSNL International Canada ** Tata Communications Payment Solutions Limited — a payment solution service provider that owns Indicash ATM ...
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