Startup news and updates: Daily roundup (November 19, 2021)

We have decided to repeal three farm laws: PM Modi

Prime Minister Narendra Modi on Friday announced that the government has decided to repeal the three farm laws, which were at the centre of protests by farmers for the past year.

Addressing the nation on the occasion of Guru Nanak Jayanti, the prime minister said the three laws were for the benefit of farmers, but "we couldn't convince a section of farmers despite best efforts".

Flipkart forays into healthcare space with acquisition of Sastasundar Marketplace

Ecommerce giant Flipkart has acquired majority stake in SastaSundar Marketplace, which owns and operates an online pharmacy and digital healthcare platform, for an undisclosed value. This also marks its entry into the healthcare sector with the launch of Flipkart Health+ brand.

Following this acquisition, Flipkart Health+ will begin with e-pharmacy and will add new healthcare services such as e-diagnostics and e-consultation over time.

Mindhouse raises $6M in seed round from Binny Bansal, General Catalyst

Bengaluru-based wellness platform Mindhousehas announced it has raised a seed capital of $6 million led by Binny Bansal. Other investors who participated in the round include General Catalyst, Better Capital, Kwaish Capital, Anicut, and the founders - Pooja Khanna and Pankaj Chaddah.

The angels participating in the round include Rohit MA of Cloudnine, Ritesh Malik of Innov8, and Karan Singh and Sri Rajan of Bain & Co.

10Club acquires three brands, bets big on the lawn and garden category

10Club, a Bengaluru-based e-commerce roll-up player, on Friday announced the acquisition of three lawn and garden brands — Kraftseeds, Gate Garden and Kriti Kalash. The brands specialise in seeds, soil, flower bulbs, manure, planters, tools and every other kind of equipment a consumer might need for their home gardening needs.