Medlife, an online e-pharmacy company, has acquired EClinic24/7, a Bangalore-based consumer healthcare startup. EClinic24/7 was founded by Jeyandran Venugopal.
With this acquisition, Medlife will offer an enhanced and seamless healthcare experience in e-consultation on its platform, for both patients and doctors.
Medlife is first of its kind online pharmacy company that provides a one-stop access for all the healthcare needs of the customer ranging from doctor e-consultations, lab tests, health supplements, to delivery of medicines.
Tushar Kumar, Founder & CEO of Medlife, said, "Our acquisition of EClinic24/7 will allow us to create a disruption in the e-consultation space with an enhanced offering to our customers. EClinic24/7 has been recognized as a NASSCOM-Emerge 50 company and has developed a fantastic technology platform that has the potential of transforming the healthcare paradigm in our country. The acquisition will also add to our future revenues with e-consultation contributing 5 to 10% of our overall business in the near future."
