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GlobalSpace Tech acquires 71% in Miljon Medi App

Press Trust of India  |  Mumbai 

BSE-SME listed GlobalSpace Technologies today announced the acquisition of 70.80 per cent stake in for an undisclosed sum.

It's a strategic acquisition which would further consolidate the company's vision of creating an integrated

The company is having thought leadership in creating digital platform for pharma sales force and doctors, GlobalSpace said in a statement here.

is a with a B2B digital platform that connects to the entire pharma channel up to the The company claims to have several already on the platform with an existing network of around 73 distributors and 9,380 chemists as its active users.

"This is a synergistic acquisition for us, we have already built an evolved digital platform for pharma distribution including ERP, mobile and web app, it would provide the much-needed technical scalability and viability to Miljhon Mediapp," GlobalSpace said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, June 14 2018. 16:45 IST