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The pharmaceutical and online pharmacy space seems to be riding on a wave of private equity (PE) and venture capital (VC) deals.
As of September-end, deals in the e-pharmacy space surged 210 per cent in value over all of 2017. Similarly, nine deals in the pharmaceutical space have surpassed the cumulative deal size for all of 2017.
Data from Venture Intelligence shows e-pharmacy had a total of seven deals between January and September, with a cumulative value of $115 million (Rs 8.3 billion). The corresponding period last year had only three deals whose total value was $23 million. In all of 2017,
