AkosMD acquired 75% stake in mChemist to cut healthcare costs

Delhi-based telemedicine company AkosMD has acquired a 72% stake in medicine delivery startup mChemist Global for an undisclosed amount.

mChemist is an online pharmacy startup that uses its platform to deliver medicines, healthcare supplements, daily wellness aids, herbal supplements, and healthcare devices. According to Rajeev Ranjan, CEO of mChemist, the acquisition will help AkosMD save money on healthcare by eliminating the need for primary care. The collaboration aims to provide individuals with a game-changing healthcare service by providing them with expert remote healthcare services at competitive prices, giving them a sense of self-sufficiency and accountability for their well-being.

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