Exclusive | Not selling Thyrocare, will cut cash burn: PharmEasy founders to boardPharmEasy’s parent API Holdings has also delayed internal plans for a potential initial public offering (IPO) to 2025, the people privy to ...
14 Feb, 2023, 02.56 PM IST
PharmEasy floats rights issue to raise Rs 750 croreThe company's existing investors like Prosus Ventures and Temasek as well as its founders have subscribed to the issue for shares worth abo...
05 Oct, 2022, 08.59 AM IST
PharmEasy prepares Rs 750 crore funding through convertible notesProsus Ventures, Temasek and others participate; online pharmacy reconsidering external fundraise amid funding slowdown
05 Oct, 2022, 06.01 AM IST
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...
22 Aug, 2022, 06.00 AM IST
PharmEasy plans $200 million fund raising at lower valuationPharmEasy's planned fund raising is set to see participation from some existing investors, who have indicated they will commit about $115 m...
19 Jul, 2022, 01.34 PM IST
Sebi clears PharmEasy’s Rs 6,250 crore IPOMumbai-based API Holdings had filed its draft IPO papers in November to raise Rs 6,250 crore through a sale of primary shares. Existing sha...
22 Feb, 2022, 09.13 AM IST
PharmEasy parent company gets Sebi nod for Rs 6,250-cr public offerAPI Holdings, the parent firm of PharmEasy, has got clearance from markets regulator Securities and Exchange Board of India for the online ...
22 Feb, 2022, 06.14 AM IST
PharmEasy may have to rework IPO valuation as street mood swingsUnlike Delhivery and Oyo Hotels & Homes, its IPO is fully through primary share sale and doesn’t have an OFS (offer for sale) component. It...
18 Feb, 2022, 11.22 AM IST
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...
30 Nov, 2021, 06.18 AM IST
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 ₹...
11 Nov, 2021, 10.40 AM IST
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 ...
10 Nov, 2021, 08.56 AM IST
PharmEasy parent to file DRHP soon for Rs 6,000-7,000 crore IPOThe IPO of PharmEasy’s parent API Holdings is expected to be a fully primary share sale. The e-pharmacy — India’s largest — aims to list be...
30 Oct, 2021, 09.45 PM IST
PharmEasy closes pre-IPO funding round at $5.6 billion valuationPharmEasy founders — Siddharth Shah, Dhaval Shah, Dhramil Sheth, Harsh Parekh and Hardik Dedhia — have received new stock options ahead of ...
18 Oct, 2021, 09.42 AM IST
Exclusive: New investors in talks to join PharmEasy’s pre-IPO funding roundThe company has also finalised a secondary transaction of around $100 million in which some existing investors, such as Infosys cofounder N...
04 Oct, 2021, 06.15 PM IST
Pre-IPO bout to value PharmEasy at $6 billionTalks on with Amansa, Blackstone, OrbiMed and others as e-pharmacy eyes IPO at $7-8 billion valuation.
14 Sep, 2021, 06.00 AM IST
PharmEasy plans to file IPO papers by OctoberPharmEasy is on track for an IPO but is still negotiating with new investors to raise between $200 million and $300 million at a valuation ...
27 Aug, 2021, 09.28 AM IST
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...
27 Aug, 2021, 07.06 AM IST