Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jan, 11 2019

Ola in talks to acquire in Myra Medicines

The Bhavish Agarwal-led firm is in talks to invest in or acquire medicine delivery startup Myra Medicines.

Ola in talks to acquire in Myra Medicines

Cab-hailing major Ola is all set to foray into medicine delivery service. The Bhavish Agarwal-led firm is in talks to invest in or acquire medicine delivery startup Myra Medicines.

Driven by their common investor Matrix Partners, the deal is likely to be completed by the end of this month. If this deal gets finalised, it will mark Ola's entry into the burgeoning online medicine delivery sector.

A person familiar with the company's plans said, "This is part of Ola's strategy where they want to get into all kinds of deliveries. It will also help bail out Myra Medicines, which has been struggling in the highly competitive medicine delivery space."

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Pharmacies
    Online Healthcare Company is one of the fastest-growing industries in..
    Locations looking for expansion Haryana
    Establishment year 2020
    Franchising Launch Date 2020
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Fine Dine Restaurants
    About Us: Established in 1931, Kake-Da-Hotel (K-D-H) is a heritage hotel,..
    Locations looking for expansion Haryana
    Establishment year 1950
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Faridabad Haryana
  • Womens Wear
    About Us: We are an Online Based company, we have more..
    Locations looking for expansion Delhi
    Establishment year 2013
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Biker's Accessories
    Two wheeler market size of India is 18 million units..
    Locations looking for expansion Haryana
    Establishment year 2020
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities