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PHARMEASY BUSINESS MODEL
Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...- PharmEasy to formally discuss IPO plans with its board in second trySources told ET that online pharmacy startup PharmEasy could hit the bourses this year, two years after its previous attempt. The company w...
- PharmEasy halves loss to Rs 2,533 crore in FY24, revenue dips 15%Mumbai-based PharmEasy, operated by API Holdings Limited, reported a net loss of Rs 2,533 crore, an improvement from the Rs 5,212 crore los...
- 1mg pips PharmEasy in market share; what’s behind PayU’s new business forays?Tata Digital-owned 1mg has beaten rival PharmEasy to pole position in the country’s e-pharmacy market in terms of gross merchandise value. ...
- Goldman may part-convert Pharmeasy debt to equity; P2P lenders look to diversify partnershipsGoldman Sachs is likely to convert some of its loan to online pharmacy PharmEasy into equity. Buoyed by binding commitments from existing i...
- Scoop: PharmEasy valuation halved to $2.8 billion, logs ebitda profitability; Paytm’s loan biz decodedOnline pharmacy PharmEasy recorded a positive ebitda of around Rs 14 crore, which means it is operationally profitable, even as one of its ...
- PharmEasy in talks to raise upto $300 million, valuation may drop by halfExisting investors will also put in $70 million, valuation at $2.5-$2.75 versus $5.4 billion of last year’s pre-IPO round. IPO is shelved f...
- PharmEasy delays IPO, targets Ebitda breakeven by next yearThe Mumbai-based firm is also stitching up a private financing round through a rights issue where company founders are expected to invest p...
- Indian startups raised more than $7 billion in funding between Oct-Dec 2021: Nasscom-PGA reportThe number of deals closed in the fourth quarter increased around 52% at 184 compared to 121 in the previous quarter, the report showed.
- Tata-owned 1mg, PharmEasy go offline for omnichannel presenceTata-owned 1mg is set to open its first physical store in Gurugram next month while rival PharmEasy has started to expand across the offlin...
- PharmEasy parent API Holdings files papers for Rs 6,250 crore IPOAPI Holdings, the parent of online pharmacy PharmEasy, has filed its draft red herring prospectus (DRHP) with market regulator Sebi for a ₹...
- PharmEasy parent API Holdings files draft papers for Rs 6,250 crore IPOAPI Holdings intends to utilise the net proceeds for prepayment or repayment of all or a portion of certain outstanding borrowings availed ...
- PharmEasy IPO; the acquihiring trend; D2C brands make hayPharmEasy, the only major Indian e-pharmacy that hasn't been bought out by a bigger firm, plans to launch its IPO before the end of the fis...
- PharmEasy to acquire 66% stake in Thyrocare for over Rs 4,500 crorePharmEasy is acquiring a majority stake in diagnostics chain Thyrocare Technologies, in what the online pharmacy claimed was the first ever...
- High sales, health focus make e-pharmacy hotE-pharmacy had over 3 million users before the pandemic struck in India, according to a white paper from industry body Ficci and market res...
- E-pharmacies divided over their legal statusMadras High Court will hear a petition from Tamil Nadu Chemists and Druggists Association that has challenged the existence of e-pharmacies.
- We’re just aggregators, e-pharmacies tell Madras High CourtThis comes after the Madras High Court, in a recent injunction, restrained unlicenced e-pharmacies from doing business.
- Took time to convince regulatory authorities of our business model: Dharmil Sheth, Pharmeasy"We had to create a platform that could represent the smaller community and discuss with the government how this model would impact the ind...
- PharmEasy gets a Rs 196-crore booster shot in Series-C round"We will be primarily deploying the money in technology. It is about scaling and using tech to scale, " said Dharmil Sheth, cofounder of Ph...
- PharmEasy raises Rs 111 crore in Series-B roundThe funding indicates continued interest in the online pharmacy segment despite a reported dip in the total investment secured by startups ...
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