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GlobalSpace Technologies acquires 70.80% stake in Miljon Medi APP LLP

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Capital Market
Last Updated : Jun 14 2018 | 11:04 AM IST
GlobalSpace Technologies announced the acquisition of 70.80% stake in Miljon Medi APP LLP for an undisclosed sum.

Miljon Medi APP LLP is a health tech startup with B2B Digital Platform (Platform) that connects Generics pharmaceutical manufacturers to the entire Pharma channel till retail chemist. Company claims to have some of the leading Generics Manufacturers already on the Platform with an existing network of around 73 distributors & 9380 Chemists as its active users. Company's vision is to enable quality & certified generics reach the last mile so as to benefit the patients.

For GlobalSpace, it's a strategic acquisition which would further consolidate its vision of creating truly integrated digital healthcare ecosystem. Company is having thought leadership in creating digital platform for Pharma sales force & Doctors.

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First Published: Jun 14 2018 | 10:39 AM IST

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