The Centre has ordered probe after opposition members, journalists received messages on their iPhones, warning them of possible ‘state-spon...

Goldman Sachs is likely to convert some of its loan to online pharmacy PharmEasy into equity. Buoyed by binding commitments from existing i...

Earlier in the day we broke the news that PharmEasy’s investors have taken control of the company as they plan a Rs 2,400 crore rights issu...

Happy Friday! Union IT minister Ashwini Vaishnaw told ET in an interview that some major players expect India to be the next chip-making de...

Byju’s woes seem to have no end. The company has suffered a series of setbacks over the last year, including ED raids and valuation markdow...

We are already in June, the year is racing past. Hope you have an interesting summer planned ahead. In April, Apple opened two company-owne...

Centralised Know Your Customer (C-KYC) database, which was conceived as a solution to KYC challenges faced by financial institutions, has b...

Online pharmacy PharmEasy recorded a positive ebitda of around Rs 14 crore, which means it is operationally profitable, even as one of its ...

The company's existing investors like Prosus Ventures and Temasek as well as its founders have subscribed to the issue for shares worth abo...

The stock option plans of listed startups such as Zomato and Paytm are facing opposition from institutional investors for a variety of reas...

India's push comes after the flop listing of SoftBank-backed payments firm Paytm's $2.5 billion IPO in November which sparked criticism of ...

Unlike Delhivery and Oyo Hotels & Homes, its IPO is fully through primary share sale and doesn’t have an OFS (offer for sale) component. It...

API Holdings intends to utilise the net proceeds for prepayment or repayment of all or a portion of certain outstanding borrowings availed ...

PharmEasy is in talks with a clutch of new investors, including two hedge funds, to join its pre-IPO funding round.

Siddharth Shah, an IIM-Ahmedabad graduate is chief executive of API Holdings that runs PharmEasy, which was in the news recently after it a...

E-pharmacy had over 3 million users before the pandemic struck in India, according to a white paper from industry body Ficci and market res...

The transaction, which is expected to close by the end of the month, will value the five-yearold company at $500-600 million, according to ...