Flipkart Health+

Flipkart Health+
	Flipkart Health+ Website Screenshot
Formerly	SastaSundar Healthbuddy Limited
Company type	Public
Traded as	BSE: 533259; NSE: SASTASUNDR;
Industry	Healthcare; E-commerce;
Founded	2013; 11 years ago
Founder	Banwari Lal Mittal ; Ravikant Sharma
Headquarters	Kolkata, West Bengal, India
Area served	India
Parent	SastaSundar Ventures Ltd
Website	https://healthplus.flipkart.com/

Flipkart Health+ (formerly known as SastaSundar Healthbuddy Limited),^[2] is a e-commerce platform dealing in healthcare, online pharmacy, diagnostics and e-consultation in India.^[3]^[4] The company was co-founded in 2013, by Banwari Lal Mittal and Ravi Kant Sharma with the name SastaSundar Healthbuddy in Kolkata.^[5] On 1 April 2022 Flipkart acquired a majority stake in SastaSundar making it a Walmart-owned company.^[6]

History

SastaSundar Healthbuddy Limited, started as an online pharmacy in 2013. The company is based out of Kolkata, India.^[7] The company is a subsidiary of SastaSundar Ventures Limited, established in 2014.^[8] As per media reports, the company operates over 200 stores in India.^[9] Flipkart health+ appoints Prashant Jhaveri as CEO on March 15, 2022.^[10]

Funding

In May 2017, SastaSundar received ₹33.4 crore funding from Japan-based pharmaceutical company Rohto Pharmaceutical.^[11] In Aug 2019, Mitsubishi Corporation invested ₹100 crore in the company.^[12] In November 2021, Flipkart Health acquired Sastasundar Healthbuddy for undisclosed sum.^[13]^[14]

References

^ "SastaSundar e-pharmacy to expand market presence". Business Line. Retrieved 23 September 2021.
^ "Flipkart Forays Into Healthcare Sector With New Flipkart Health+ App".
^ Leader, The Weekend. "How a part-time Hindi typist earning Rs 1,800 per month built a Rs 111 crore turnover company". www.theweekendleader.com. Retrieved 10 August 2021.
^ "Kolkata-based e-pharmacy SastaSundar gears up for expansion". @businessline. June 2017. Retrieved 10 August 2021.
^ Leader, The Weekend. "How a part-time Hindi typist earning Rs 1,800 per month built a Rs 111 crore turnover company". www.theweekendleader.com. Retrieved 17 October 2022.
^ "Flipkart Health completes acquisition of 75.1% stake in Sastasundar Marketplace". www.indiainfoline.com. Retrieved 17 October 2022.
^ Himatsingka, Anuradha. "SastaSundar.com opens their 200th Healthbuddy store in West Bengal". The Economic Times. Retrieved 10 August 2021.
^ "What Type Of Shareholders Make Up Sastasundar Ventures Limited's (NSE:SASTASUNDR) Share Registry?". simplywall.st. 7 June 2021. Archived from the original on 10 August 2021. Retrieved 10 August 2021.
^ Himatsingka, Anuradha. "SastaSundar.com opens their 200th Healthbuddy store in West Bengal". The Economic Times. Retrieved 10 August 2021.
^ "Flipkart appoints Prashant Jhaveri as CEO of healthcare business". The Economic Times. Retrieved 17 October 2022.
^ "Japan Based Rohto Invests $5 Mn In Online Pharmacy SastaSundar". Inc42 Media. 30 May 2017. Retrieved 10 August 2021.
^ "Mitsubishi Corp invests Rs 100cr in SastaSundar | Kolkata News - Times of India". The Times of India. tnn. 27 August 2019. Retrieved 10 August 2021.
^ "Flipkart Health acquires Sastasundar Healthbuddy for undisclosed sum". www.thehindubusinessline.com. 19 November 2021. Retrieved 8 April 2022.
^ Sasta Sundar also supports small neighborhood pharmacies via the B2B platform, Retailer Shakti.

[1] "SastaSundar e-pharmacy to expand market presence". Business Line. Retrieved 23 September 2021.

[2] "Flipkart Forays Into Healthcare Sector With New Flipkart Health+ App".

[3] Leader, The Weekend. "How a part-time Hindi typist earning Rs 1,800 per month built a Rs 111 crore turnover company". www.theweekendleader.com. Retrieved 10 August 2021.

[4] "Kolkata-based e-pharmacy SastaSundar gears up for expansion". @businessline. June 2017. Retrieved 10 August 2021.

[5] Leader, The Weekend. "How a part-time Hindi typist earning Rs 1,800 per month built a Rs 111 crore turnover company". www.theweekendleader.com. Retrieved 17 October 2022.

[6] "Flipkart Health completes acquisition of 75.1% stake in Sastasundar Marketplace". www.indiainfoline.com. Retrieved 17 October 2022.

[7] Himatsingka, Anuradha. "SastaSundar.com opens their 200th Healthbuddy store in West Bengal". The Economic Times. Retrieved 10 August 2021.

[8] "What Type Of Shareholders Make Up Sastasundar Ventures Limited's (NSE:SASTASUNDR) Share Registry?". simplywall.st. 7 June 2021. Archived from the original on 10 August 2021. Retrieved 10 August 2021.

[9] Himatsingka, Anuradha. "SastaSundar.com opens their 200th Healthbuddy store in West Bengal". The Economic Times. Retrieved 10 August 2021.

[10] "Flipkart appoints Prashant Jhaveri as CEO of healthcare business". The Economic Times. Retrieved 17 October 2022.

[11] "Japan Based Rohto Invests $5 Mn In Online Pharmacy SastaSundar". Inc42 Media. 30 May 2017. Retrieved 10 August 2021.

[12] "Mitsubishi Corp invests Rs 100cr in SastaSundar | Kolkata News - Times of India". The Times of India. tnn. 27 August 2019. Retrieved 10 August 2021.

[13] "Flipkart Health acquires Sastasundar Healthbuddy for undisclosed sum". www.thehindubusinessline.com. 19 November 2021. Retrieved 8 April 2022.

[14] Sasta Sundar also supports small neighborhood pharmacies via the B2B platform, Retailer Shakti.