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Thursday, September 15, 2022

List of e-Pharmacies in India and More Discussion

Retail pharmacy industry of India is now heavily depending on online pharmacies. A December-2021 analysis by KPMG notes that there is immense possibilities in India's retail pharmacy industry as present traditional pharma retail business is mostly unorganized, and in tier II and tier III cities the growth opportunity is yet to be tapped properly, while value and convenience will go third reason behind growth of e-pharmacies. It also notes that different governmental projects are also promoting e-pharmacies, like Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP), Digital India, Ayushman Bharat, Startup India and National Digital Health Mission (NDHM). 

List of online pharmacies in India - 

  • Netmeds - Reliance Retail acquired majority stake in August 2020. Accessible through MyJio app also. 
  • Amazon - started online drug delivery in 2020 (August)
  • Pharmeasy - it acquired Medlife in May 2021. It also acquired majority stake in diagnostic company Thyrocare in 2021. 
  • Tata 1mg - Initially owned by Bright Lifecare Pvt Ltd, as HealthKartPlus. In 2015 1mg was bifurcated from Healthkart Plus as a digital generic drug sales platform. Tata Digital acquired majority stake in 1mg in June 2021. Interestingly Tata Medical Centers earlier had Apollo Pharmacies in their hospitals. But after acquiring 1mg.com Tata has changed its pharma stores in TMC to Tata 1mg.
  • Sastasundar - now owned by Walmart owned Flipkart (December 2021). Post acquisition it was rebranded as Flipkart Health Plus
  • Apollo Pharmacy - Backed by Apollo Group who also runs Apollo Hospitals. Website: www.apollopharmacy.in
  • Frank Ross Pharmacy - FrankRossPharmacy.com : backed by Emami group
  • MedPlus: www.medplusmart.com MedPlus has launched their own branded medicines at a nominal cost compared to other popular pharma brands. When you subscribed to their MedPlus Advantage plan (costs Rs 499, but being offered at Rs 50/year) - you will get further discount on MedPlus branded medicines. (Check details at https://www.medplusmart.com/medplusadvantage). You can check their prices with comparison with popular brands - medplusmart.com/tsc 
  • MediBuddy - Medibuddy.in - has own mediclaim services - MediAssist
  • truemeds.in
  • phablecare.com
  • janaushadhi.gov.in - A central govt. initiative to sell generic drugs at lowest price. Obviously better than WB Govt's Fair Price Shop. You can get the list of Jan Aushadhi Shops on that link. 
  • PillUp.com
  • Tablt Pharmacy - tablt.com
  • Zeelab Pharmacy - zeelabpharmacy.com
  • Mr. Meds - www.mrmed.in

Compare prices at https://health.torusdigital.in/compare-medicines

I am not considering the digital health platforms like Lybrate.com, Practo.com etc. Some similar websites are: iCliniq.com, CrediHealth.com, mfine.co, HiiDoc.com, doctor24x7.in etc. are also providing doctor consultation online or option to book an appointment with doctors. 



Diagnostic Chain: (listing is not complete) 

Dr. Lal Path Labs
Suraksha - limited to Eastern India
Apollo Diagnostics
Metropolis
Redcliff Labs
Agilus (previous SRL Labs) 

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Tata Group is investing heavily in many markets, which was observed with Tata's investment in 1mg.  

Online grocery - BigBasket vs Spencers, More, JioMart, Flipkart, Amazon, ITC Store

Online Education - Tata Studi vs Byju, 

Airlines - Air India (+Air Asia & Vistara) vs IndiGo, Spicejet, GoFirst, Akasa

4 Wheelers (Personal Cars) - Tata Motors vs Maruti Suzuki, Hyundai, Honda, Mahindra, Toyota
In the SUV space Tata Nexon is the top selling car in SUV segment. 

Super app - Tata Nu vs MyJio

To get best of Tata's offerings, get a Tata Neu HDFC Rupay Credit Card. 

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