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...
Thyrocare to stay focused on volumes, on time performance & qualityThe company is investing heavily on improving turnaround time and addressing quality perception of the brand in the market through a combin...
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...
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 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...
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 ...
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...
ET Startup Awards 2021: Zomato wins Startup of the Year awardZomato's blockbuster IPO—among the biggest for the Indian stock markets—not only received major institutional capital but also stirred mass...
ET Startup Awards 2021: Nominees for Startup of the YearThe ET Startup of the Year will be characterised by breakthrough innovation, top-class execution and fast-paced growth. The quality of the ...
Wires that run the worldLast year, there were 4.28 billion mobile internet users on the planet, meaning that more than 90% of people who accessed the internet did ...
Digital payments beyond cities; Ola’s scooter sale a hitIndia is one of the world’s biggest digital payments markets even though access to them remains restricted to urban areas. Now, the governm...
ETtech Deals Digest: Apna, Mobile Premier League enter unicorn clubIndia’s startup ecosystem minted two new unicorns this week—one of them the youngest to enter the coveted billion-dollar valuation club. Me...
EV leasing picks up in India; women flock online to learn tech skillsLeasing vehicles has never been big business in India, but in the nascent electric vehicle market, many companies are betting big that it w...
PharmEasy acquires Aknamed in $180-$190 million stock dealThe acquisition, which is similar to its purchase of Thyrocare in June, is part of the Mumbai-based company’s plans to position itself as a...
Aknamed acquires Vardhman Health Specialties for USD 35 mnThe combined teams of Aknamed and Vardhman are aiming to work towards building a robust hospital focused supply chain in India through the ...