May 20, 2013

Healthkart about to close a Series B round

Founders Sameer Maheshwari and Prashant Tandon

Gurgaon-based start-up Bright Lifecare Pvt Ltd, which runs the online health store Healthkart.com is about to close a Series B funding round of upto $14 Mn (sources) lead by Intel Capital and Sequoia as a co-investor. Intel Capital is supposed to put $7-$8 Mn in the round. Healthkart was looking to raise funds since the last one year and faced several concerns related to market size of healthcare segment as well as valuation. Healthkart started in March 2011 with seed round of $1 Mn … [Read more...]

Healthkart.com acquires MadeinHealth.com for healthcare ecom business synergy; CoFounders acquired by Yebhi.com

Healthkart Logo

Healthkart an e-health store, has acquired MadeInHealth (www.madeinhealth.com), an online fitness and body-building community and supplement store. With the acquisition, Healthkart aims to strengthen its position in the e-health space, and seeks to boost its presence in e-Commerce market, which is expected to grow several fold over the next few years. Expressing their delight on the acquisition, Prashant Tandon & Sameer Maheshwari, Co-founders of HealthKart said,"MadeInHealth is a … [Read more...]