flipkart
Dealstreet
Vertices, SAM act on Flipkart Group acquisition of majority stake in online pharmacy Sastasundar Marketplace
The website focuses on providing consumers access to affordable and convenient healthcare and is supported by a network of more than 490 pharmacies.
Flipkart Group is acquiring a majority stake in online pharmacy Sastasundar Marketplace to launch its own healthcare business.
VERTICES PARTNERS advised SastaSundar with a team led by Founder and Managing Partner, Vinayak Burman.
Shardul Amarchand Mangaldas advised Flipkart with a team led by Partners Raghubir Menon and Ekta Gupta.
Flipkart Health+, as the new entity will be known, will leverage the Walmart Inc.-controlled company’s pan-India network and SastaSundar’s healthtech expertise to provide consumers access to quality and affordable healthcare, reported ET.