While the disruption in the logistics sector has been long overdue, the segment continues to hold a strong inertia to digitisation.
With this funding, the ride-hailing app plans to enter into new markets outside of China.
After its success in the Rajasthan and Gujarat market, the company has big plans to expand its manufacturer base across the country.
Hyderabad-based MedPlus runs over 1,400 stores across 150 cities in 12 Indian states.
In an interview with BW Businessworld, Praveen Dhabhai, COO, Payworld, shares company's business model, revenue model and future plans
Ascent’s flagship brand, Flamingo, is one of the most popular consumer health brands in India. The company currently exports to over 40 countries across Asia, Africa and the Middle East.
The investment by LeapFrog will tap into the rapidly growing $100 billion Indian healthcare market