Flipkart Health+
{{Short description|Indian e-commerce health platform}}
{{Use dmy dates|date=June 2022}}
{{Use Indian English|date=June 2022}}
{{Infobox company
| name = Flipkart Health+
| logo = Flipkart_Health+_Logo.svg
| logo_size =
| image = Flipkart Health+ Screenshot.jpeg
| image_caption = Flipkart Health+ Website Screenshot
| former_name = SastaSundar Healthbuddy Limited
| type = Public
| traded_as = {{Unbulleted list|{{BSE|533259}}|{{NSE|SASTASUNDR}}}}
| industry = {{plainlist|*Healthcare
| founded = {{Start date and age|2013}}
| founder = Banwari Lal Mittal
Ravikant Sharma
| hq_location_city = Kolkata, West Bengal
| hq_location_country = India
| area_served = India
| parent = SastaSundar Ventures Ltd{{cite news |title=SastaSundar e-pharmacy to expand market presence |url=https://www.thehindubusinessline.com/news/national/sastasundar-e-pharmacy-to-expand-market-presence/article33387504.ece |access-date=23 September 2021 |work=Business Line |language=en}}
| website = https://healthplus.flipkart.com/
}}
Flipkart Health+ (formerly known as SastaSundar Healthbuddy Limited),{{Cite news |title=Flipkart Forays Into Healthcare Sector With New Flipkart Health+ App |url=https://gadgets360.com/apps/news/flipkart-health-plus-app-india-launch-digital-healthcare-download-google-play-android-2866315}} is a e-commerce platform dealing in healthcare, online pharmacy, diagnostics and e-consultation in India.{{Cite web|last=Leader|first=The Weekend|title=How a part-time Hindi typist earning Rs 1,800 per month built a Rs 111 crore turnover company|url=https://www.theweekendleader.com/Success/2680/the-standout-mantra.html|access-date=2021-08-10|website=www.theweekendleader.com|language=English}}{{Cite web|title=Kolkata-based e-pharmacy SastaSundar gears up for expansion|url=https://www.thehindubusinessline.com/companies/kolkatabased-epharmacy-sastasundar-gears-up-for-expansion/article9717823.ece|access-date=2021-08-10|website=@businessline|date=June 2017 |language=en}}
The company was co-founded in 2013, by Banwari Lal Mittal and Ravi Kant Sharma with the name SastaSundar Healthbuddy in Kolkata.{{Cite web |last=Leader |first=The Weekend |title=How a part-time Hindi typist earning Rs 1,800 per month built a Rs 111 crore turnover company |url=https://www.theweekendleader.com/Success/2680/the-standout-mantra.html |access-date=2022-10-17 |website=www.theweekendleader.com |language=English}}
On 1 April 2022 Flipkart acquired a majority stake in SastaSundar making it a Walmart-owned company.{{Cite web |title=Flipkart Health completes acquisition of 75.1% stake in Sastasundar Marketplace |url=https://www.indiainfoline.com/article/news-top-story/flipkart-health-completes-acquisition-of-75-1-stake-in-sastasundar-marketplace-121121300007_1.html |access-date=2022-10-17 |website=www.indiainfoline.com |language=en}}
History
SastaSundar Healthbuddy Limited, started as an online pharmacy in 2013. The company is based out of Kolkata, India.{{Cite news|last=Himatsingka|first=Anuradha|title=SastaSundar.com opens their 200th Healthbuddy store in West Bengal|work=The Economic Times|url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/sastasundar-com-opens-their-200th-healthbuddy-store-in-west-bengal/articleshow/64113045.cms?from=mdr|access-date=2021-08-10}}
The company is a subsidiary of SastaSundar Ventures Limited, established in 2014.{{Cite web|title=What Type Of Shareholders Make Up Sastasundar Ventures Limited's (NSE:SASTASUNDR) Share Registry?|url=https://simplywall.st/stocks/in/retail/nse-sastasundr/sastasundar-ventures-shares/news/what-type-of-shareholders-make-up-sastasundar-ventures-limit|access-date=2021-08-10|website=simplywall.st|date=7 June 2021|archive-date=10 August 2021|archive-url=https://web.archive.org/web/20210810182412/https://simplywall.st/stocks/in/retail/nse-sastasundr/sastasundar-ventures-shares/news/what-type-of-shareholders-make-up-sastasundar-ventures-limit|url-status=dead}} As per media reports, the company operates over 200 stores in India.{{Cite news|last=Himatsingka|first=Anuradha|title=SastaSundar.com opens their 200th Healthbuddy store in West Bengal|work=The Economic Times|url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/sastasundar-com-opens-their-200th-healthbuddy-store-in-west-bengal/articleshow/64113045.cms?from=mdr|access-date=2021-08-10}}
Flipkart health+ appoints Prashant Jhaveri as CEO on March 15, 2022.
{{Cite news |title=Flipkart appoints Prashant Jhaveri as CEO of healthcare business |work=The Economic Times |url=https://economictimes.indiatimes.com/tech/technology/flipkart-appoints-prashant-jhaveri-as-ceo-of-online-healthcare-business/articleshow/90221182.cms |access-date=2022-10-17}} As of now the Flipkart Health+ Project seem to be defunct. Their [https://healthplus.flipkart.com/ website] isn't working, the Flipkart Health+ App has been withdrawn from the Google Playstore and Flipkart Website doesn't show any links to Heath+.
Flipkart Health+ was plagued with inferior service quality, drug stocking issues and back-end bugs from the beginning, all these, along with several prevailing strong players in the market might have led to their downfall.
They received ₹33.4 crore funding from Japan-based pharmaceutical company Rohto Pharmaceutical.{{Cite web|date=2017-05-30|title=Japan Based Rohto Invests $5 Mn In Online Pharmacy SastaSundar|url=https://inc42.com/buzz/rohto-sastasundar-pharmacy/|access-date=2021-08-10|website=Inc42 Media|language=en-US}}
In Aug 2019, Mitsubishi Corporation invested ₹100 crore in the company.{{Cite web|agency=tnn|date=27 August 2019|title=Mitsubishi Corp invests Rs 100cr in SastaSundar {{!}} Kolkata News - Times of India|url=https://timesofindia.indiatimes.com/city/kolkata/mitsubishi-corp-invests-rs-100cr-in-sastasundar/articleshow/70849967.cms|access-date=2021-08-10|website=The Times of India|language=en}}
In November 2021, Flipkart Health acquired Sastasundar Healthbuddy for undisclosed sum.{{Cite web |title=Flipkart Health acquires Sastasundar Healthbuddy for undisclosed sum |url=https://www.thehindubusinessline.com/companies/flipkart-health-acquires-sastasundar-healthbuddy-for-undisclosed-sum/article37574370.ece |access-date=2022-04-08 |website=www.thehindubusinessline.com |date=19 November 2021 |language=en}}[https://inc42.com/buzz/flipkarts-ekart-to-now-offer-logistics-services-to-other-brands-sellers/#:~:text=Besides%20this%2C%20the%20platform%20also%20supports%20small%20neighbourhood%C2%A0%20pharmacies%20via%20the%20B2B%20platform%2C%20Retailer%20Shakti. Sasta Sundar also supports small neighborhood pharmacies via the B2B platform, Retailer Shakti.]