Online Pharmacy Medlife Bags $6.8 Mn In Debt

Date posted: Monday 31 August 2020

Bengaluru-based online pharmacy Medlife has raised $6.8 Mn in debt from Ivy Icon Solutions. Earlier this month, Medlife raised $23.6 Mn in a mix of debt and preference shares. PharaEasy and Medlife have sought CCI’s nod on their merger, which may form a $1 Bn entity.Reliance and Amazon have entered the epharmacies domain as well.

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