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26Mar By AnkitaNo Comments

ANALYSIS

Performance Enhancing Drugs In Esports

In the ever-growing world of competitive gaming, Esports is starting to face an issue that many would not expect to come out of the gaming world. Performance-enhancing drugs in Esports would not be your first sports betting pick if you had to choose a sport for there to be an issue with performance-enhancing drugs. But it is becoming a bigger concern in Esports and one that needs to be addressed. Effects of Using PEDsNow we already hit on why esports players use these different drugs to enhance their performance, but the true risk lies in the health concerns of prolonged use of these drugs without the physical need of them. Outside of the performance enhancement aspect of PEDs, use can lead to addiction, overdoses, serotonin syndrome, and severe weight loss. These can be very dan...

2Sep By AdityaNo Comments

FUNDING

Online Pharmacy Platform Netmeds.com Raises $35 Million Funding

India based online pharmacy platform Netmeds.com secures $35 million in Series C Funding from Daun Penh's investment holding and existing investors. The funding amount will use to increase awareness through marketing efforts as well as to enhance the customer experience. Pradeep Dadha, CEO and Founder Netmeds.com said, "the money would be used to ensure that the company "stayed the course" with regard to the extraordinary double-digit month-on-month growth it has enjoyed since inception." "Daun Penh was joined in the round by the existing investors Sistema Asia Fund, and Tanncam Investment. MAPE, the Indian investment bank which has been involved with Netmeds since inception teamed with co-arranger Cambodian Investment Management for this Series C funding round," added Dadha. He it...

Indian Narcotics Control Bureau Busted an Illegal Internet Pharmacy Startup

20Apr By AnkitaNo Comments

News

Indian Narcotics Control Bureau Busted an Illegal Internet Pharmacy Startup

The Narcotics Control Bureau of India today said it has arrested two persons involved in an illegal internet pharmacy business and has seized psychotropic drugs worth lakhs of rupees from them. The NCB teams of Andhra Pradesh, Karnataka and Telangana raided on April 18 night a "clandestine and unregistered" call centre at Thanisandra that used to sell psychotropic substances and other prescription drugs through the internet to thge US, Australia and various European countries. During the search, a large quantity of psychotropic substances like Alprazolam, Amphetamine, Diazepam, Clonazepam, Lorazepam among others were seized, NCB said in a statement. It said two persons, Salim Pasha and Mohammed Suhail Ahmed, were arrested under the Narcotic Drugs and Psychotropic Substances (NDPS)...

With 95% Growth Monthly, This Startup Helping Retail Pharmacies To Expand Their Business

29Apr By NitishNo Comments

Story

With 95% Growth Monthly, This Startup Helping Retail Pharmacies To Expand Their Business

With over more than 42% of medicines floating in the Indian market being fake, the counterfeit drug market is growing at an alarming rate. The problems of authenticity and availability have been the weakness in the drug supply chain. CareOnGo, with an aim of creating an online platform of trusted chain of pharmacies offering medical solutions to consumers throughout India, is looking to solve and address these issues and bring more transparency in the market through technology. Being the first e-distributor for retail partners with complete focus to expand their business, CareOnGo is first of its kind with a prime focus on growing the local entrepreneurs – with a vision of solving end consumer’s problem. They help local retailers procure products from manufacturers and stockists on t...

98% people like the convenience of door step delivery of the medicines: PHD CHAMBER & 1MG.COM Report

29Oct By AnkitaNo Comments

News

98% people like the convenience of door step delivery of the medicines: PHD CHAMBER & 1MG.COM Report

In a joint survey conducted by India's PHD Chamber of Commerce and Industry and 1mg Technologies on challenges faced by consumers while buying medicines from Pharmacies, it has been stressed that an overwhelming majority of patients seek more convenient ways to get their medicine. They face problems of visiting multiple pharmacies to get all their medicines and also notice price difference across pharmacies for the same drug. (more…)