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Ola banking on platform effect to grow, may enter medicine delivery

The company may be close to buying stake in Myra, an online medicine delivery service, according to a report

Ola banking on platform effect to grow, may enter medicine delivery
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An employee speaks over his phone as he sits at the front desk inside the office of Ola cab service in Gurugram (Photo: Reuters)

BS Reporter Bengaluru
After venturing into the food delivery segment with the acquisition of FoodPanda in 2017, Ola is evaluating more service streams as it looks to broaden its offering. 

The cab-hailing firm is already working on launching grocery delivery on its platform, as Business Standard reported earlier, and is now reportedly moving to grab a pie of the nascent medicine delivery market through inorganic expansion. The company may be close to buying stake in Myra, an online medicine delivery service, Mint reported on Tuesday.


Myra mobile app