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PHARMEASY FOUNDERS EXIT
Nandan Nilekani's Fundamentum bets big on AI, deeptech with Rs 3,000 crore purseFundamentum Partnership has launched F2A, a Rs 3,000 crore frontier-tech investment platform focused on AI and deeptech startups. The firm ...- Pharmeasy founder Siddharth Shah steps down as CEOPharmeasy founder Siddharth Shah has stepped down as the chief executive to assume the role of vice chairman of the company's board. Rahul ...
- Taxi apps renew GST plea; PharmEasy founders start up againHappy Monday! Ride-hailing firms plan fresh appeals to the indirect tax department over GST on subscription-based services. This and more i...
- The numerous reasons of why startup founders are stepping downMany Indian startup founders are stepping down due to issues like co-founder disagreements, loss of passion, and market pressures. High-pro...
- Return of mobile wallets; Blinkit weighs on Zomato profitHappy Tuesday! The NPCI is proposing to cut interchange fee on wallet-based UPI transactions. This and more in today’s ETtech Morning Dispa...
- Orios Venture Partners sells nearly 3% stake in Country Delight for Rs 225 crorePeople familiar with the matter said the early-stage venture capital firm has sold about a 3% stake in Country Delight to Temasek-backed as...
- Apple flags ‘state-sponsored’ hacking, govt orders probe; inside PharmEasy’s Rs 3,500-crore rights issueThe Centre has ordered probe after opposition members, journalists received messages on their iPhones, warning them of possible ‘state-spon...
- 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...
- Watch out for these factors in Thyrocare as closely as you would watch any symptoms!Through strategic acquisitions in the healthcare space, the company seems to be aiming to create “a holistic healthcare ecosystem”. From th...
- Fundraising will only get better in 2022, startup founders sayAlmost 92% of founders who attempted to raise capital in 2021 said they had a favourable experience and 75% of them expect the environment ...
- PharmEasy’s new backers, Facebook whistleblower revealedPharmEasy is in talks with a clutch of new investors, including two hedge funds, to join its pre-IPO funding round.
- 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...
- Why PharmEasy bought ThyrocareIn today’s ETtech Morning Dispatch: The rationale for the Pharmacy-Thyrocare deal, according to their promoters; Mobile Premier League (MPL...
- String of IPOs will sustain funding frenzy, say founders, investorsThe first half of the year saw massive capital inflows as startups raised as much as $12.1 billion from venture capitalists and private equ...
- It was the right time and right way to exit, Thyrocare's A Velumani saysArokiaswamy Velumani, who quit a government job at the Bhabha Atomic Research Centre to start Thyrocare in 1995, on why he decided to sell ...
- ETtech Deals Digest: BrowserStack, Vianai raise funds this weekIndia’s startup ecosystem minted another unicorn this week as BrowserStack became India's highest-valued software-as-a-service (SaaS) firm ...
- After BigBasket, Tata Digital acquires online pharmacy 1mgThe Tata-1mg deal comes at a time when Reliance Industries has entered the online pharmacy space by acquiring Netmeds and PharmEasy has abs...
- Pharmeasy eyes IPO at $3 billion valuation, buys rival MedlifePharmeasy acquired smaller rival Medlife, in the largest consolidation deal in India's fast-growing online pharmacy sector
- Indian startup founders still favour growth over profitabilityAround 77% of founders ranked growth higher than profitability as a focus area for 2021, according to InnoVen Capital’s Startup Outlook Rep...
- VCs start new calendar year with $7 billion left to investBain & Company’s study sees more action to add to $10 billion deployed by the industry till now.
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