This article was first published in Deccan Chronicle. Views are personal.
The most exciting aspect of looking at tech policy is the sheer amount of sectors it intersects with. Given the nature of the pandemic, more of our world has moved online than ever before, and will continue to do so in the coming months. This applies not just to retail, entertainment, and communication, but also for medical needs. Over the past few weeks, we have witnessed a push in the online pharmacy space.
Reliance Industries has spent $83.06 million (₹6.2 billion) in cash to acquire a majority stake in Netmeds, an online pharmacy. Amazon has also launched its own online drug service. There are also other competitors in the space such as 1mg, Medlife, and PharmEasy.