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Business
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  • November 15, 2021
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The Flipkart Group has signed a deal to acquire a majority stake in online pharmacy Sastasundar Marketplace to launch its own healthcare business amid a pandemic-triggered consolidation in India’s health tech industry. SastaSundar.com offers a digital healthcare and pharmacy platform supported by a network of more than 490 pharmacies. The company is backed...

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Business
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  • March 23, 2020
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After Paytm’s parent firm One97 Communications had a disappointing debut on India’s stock markets on Thursday, Vijay Shekhar Sharma, its founder, and chief executive told us it should only be seen as a first-day reaction and not a reflection of the company’s long-term performance. Paytm’s IPO, the largest-ever in India, followed successful...

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