Amidst talks of Ola’s foray into medicine delivery through the acquisition of Myra, the startup has been acquired by online pharmacy, Medlife. Financial details related to this all-stock deal is undisclosed.
Through this deal, Medlife will have access to Myra’s express delivery segment which will help it to expand service to 22 cities in the next 3 to 6 months. Myra’s stakeholder Matrix partners and Times Internet Limited will own stakes in Medlife. (Source)
