Flipkart Buys Stakes in Online Pharmacy, Sastasundar

The Walmart-owned e-commerce company, Flipkart has bought a majority of stakes in a digital healthcare platform. SastaSundar is a Kolkata-based online pharmacy. Flipkart has not disclosed the amount of the tribunal, but the company shared the information, saying that it will enter the health care sector with this agreement and will launch the Flipkart Health Plus platform. Now Flipkart will provide health-related items from door to door online. Sastasundar was founded in 2013 by BL Mittal and Ravikant Sharma which now supports more than 490 pharmacies.