INDIA – Online pharmacy startup PharmEasy has kicked off its rights issue to raise up to US$91 million (Rs 750 crore) through convertible notes and the issue will be closed…
Read MorePharmEasy seeks to raise US$91M through convertible notes
Tag: PharmEasy
PharmEasy in talks with investors to raise US$200M at lower valuation: Report
INDIA –PharmEasy, India’s drug and medical services start-up is in talks with investors to raise US$200 million, news agency Reuters reported citing two sources. According to the report, the sources…
Read MoreGoldman Sachs expected to invest US$350mln in PharmEasy’s parent company
INDIA – Goldman Sachs is in advanced talks to invest US$350 million (Rs 2,700 crore) in API Holdings, the parent company of online pharmacy PharmEasy, in a structured debt transaction,…
Read MoreVakrangee ties up with PharmEasy to provide healthcare services across its platform
INDIA – Vakrangee Digital Ventures Limited, a wholly owned subsidiary of Vakrangee Ltd has partnered with PharmEasy to provide online medicines and healthcare services to India’s unserved and underserved populations.…
Read MorePCHFL ties up with API Holdings to offer healthcare financing solutions
INDIA – Piramal Capital & Housing Finance Limited (PCHFL), a wholly owned subsidiary of Piramal Enterprises Limited, has partnered with API Holdings Limited to provide financing solutions to healthcare institutions…
Read MorePharmacy retail chain MedPlus gets India’s bourse approval to launch IPO
INDIA – MedPlus Health Services Ltd, India’s second-largest pharmacy retailer, announced that the Securities and Exchange Board of India (SEBI) has approved its initial public offering (IPO) to raise up…
Read MoreOnline drugstore PharmEasy marshals US$350 million in pre-IPO investment round
INDIA- PharmEasy, an online drugstore chain, has reportedly raised nearly US$350 million in its most recent round of funding ahead of filing its draft red herring prospectus (DRHP) before an…
Read MorePharmEasy acquires hospital supply-chain management startup Aknamed for US$190 million
INDIA – India’s largest online pharmacy chain, PharmEasy, has acquired Aknamed, a cloud-based hospital supply chain management start-up, in a largely inventory deal valued at US$180 – US$190 million. Aknamed,…
Read MoreIPO-Bound Healthtech Startup PharmEasy Appoints 5 Independent Directors
INDIA – Ahead of its planned initial public offering (IPO), API Holdings, the parent company of one of the largest healthtech startups PharmEasy, has appointed five independent directors to its…
Read MorePharmEasy likely to file draft papers for IPO by October
INDIA – India’s largest e-pharmacy platform PharmEasy is preparing to file its draft papers by October before coming out with an IPO (Initial Public Offering) later in the fiscal year.…
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