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Investment surge in online pharmacy, six-year high in 2018: Observers

This took place even as regulatory challenges posed a threat to the business model towards the end of the year

Online pharmacies

In 2018, the country’s online pharmacy sector attracted the highest amount of private equity (PE) and venture capital (VC) investment in six years.   This took place even as regulatory challenges posed a threat to the business model towards the end of the year. These, however, are seen as temporary, with the central government working on notifying of rules for the sector. The industry is expected to again see growth in the near future, say experts.   The sector saw 10 deals worth $140 million (Rs 8.8 billion) during the year, as compared to five deals worth $37 million ...