India Digest: Flipkart buys SastaSundar; 10club acquires three D2C brands

REUTERS/Abhishek N. Chinnappa

Walmart-owned Flipkart on Friday announced that it has signed an agreement to acquire a majority stake in online pharmacy SastaSundar Marketplace. Separately, 10club has acquired three direct to consumer (D2C) gardening brands — Kraftseeds, Gate Garden and Kriti Kalash.

Flipkart acquires SastaSundar Marketplace

Walmart-owned Flipkart on Friday announced that it has signed an agreement to acquire a majority stake in Kolkata-based online pharmacy SastaSundar Marketplace. Flipkart has routed the deal through its newly launched healthcare platform Flipkart Health+. Financial details of the deal were not disclosed.

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