Announced
Temasek to acquire stake in 91Streets Media Technologies, Ascent Health and Wellness Solutions and API.
Financials
Sources
Tags
India
Private
Drug Retailers
medicine retail
e-commerce
Diversified Financials
Acquisition
Single Bidder
Friendly
Pending
Private Equity
Synopsis
Temasek, through its indirect wholly owned subsidiary MacRitchie Investments, agreed to acquire 91Streets Media Technologies, developer an e-commerce platform, focusing on the sale of medicines and nutraceuticals by retailers/retail pharmacies, Ascent, wholesaler B2B sale and distributor of pharmaceutical and API. Financial terms were not disclosed.
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