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From Amazon to Pepperfry, the eCommerce industry thrives in India, especially in B2C eCommerce companies. In fact, India is ranked first in the fastest-growing eCommerce market globally, with an estimated market value of $16.6 trillion by 2022. B2C means business-to-consumer, which refers to the business model where the companies
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Do you know which industry saw a major boost during the COVID-19 Pandemic? During the outbreak where most of the industries were drastically falling, there was one industry that skyrocketed and acted as a catalyst for innovation. I am talking about the telemedicine industry. When the COVID-19 cases were increasing
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Why can’t we shop for necessities such as medicine online, if we shop for clothes, food, and electronics? 1Mg, situated in Gurgaon, India, is an online marketplace of medicines. It offers e-pharmacy, diagnostics, online consultation, and health content, among other things. Prashant Tandon, Gaurav Agarwal, and Vikas Chauhan launched
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Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by 1mg. An online pharmacy or internet pharmacy, or mail-order pharmacy is a pharmacy that operates over the Internet and sends orders to customers through mail,
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Usually investment firms only fund a startup when they see potential to grow their money. However philanthropic investment firms fund in startups that help achieve their philanthropic endeavors like solving a country’s problems or empowering the civil society. One such philanthropic investment firm and a non-profit organization is Omidyar
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With the lockdowns restrictions brought over by the Covid Pandemic, most economic activities were paused, millions lost their job and many industries faced difficulties. But there were also some industries like Online gaming, Online grocery, Fintech, Telemedicine, Ed tech, online media that were boosted due to the pandemic. Another such