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PHARMEASY BOARD MEETING
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 ...- Zepto founders tap Edelweiss, others for Rs 1,500 crore structured debt to boost Indian ownershipZepto founders Aadit Palicha and Kaivalya Vohra are raising about Rs 1,500 crore through structured debt to boost Indian ownership ahead of...
- 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...
- ETtech Exclusive | Closing new deals in India despite Byju's debacle: Prosus CEO Fabricio BloisiFabricio Bloisi, CEO of Prosus and Naspers, affirmed continued investment in Indian startups despite a $500 million loss from Byju's. Highl...
- Till debt do us part: will startups go the PharmEasy way, and other top tech & startup stories this weekThis week’s ETtech newsbreak on PharmEasy going for a rights issue at a price 90% lower than its peak valuation of $5.6 billion to repay de...
- PharmEasy devaluation: Thyrocare founder invokes anti-dilution; Flipkart employees to receive esop payoutHappy Friday! Arokiaswamy Velumani, founder of Thyrocare, which was acquired by PharmEasy in 2021, had secured anti-dilution rights when he...
- PharmEasy plans rights issue at 90% valuation cut; Amazon set to hit $8B India exportsEarlier 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...
- 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 logs first ebitda profit of Rs 14 crore in April, restarts funding talksThe epharmacy held discussions with CDPQ, ADQ; convertible notes are also being discussed amid valuation corrections and markdowns.
- Zomato to build Rest Points for gig workers to relax between deliveriesThe stations will be complete with clean drinking water, phone-charging stations, washrooms, high-speed internet and first-aid support.
- In 2022, etailers trumped offline stores in smartphone shipments; PharmEasy rules out Thyrocare saleThe calendar year 2022 saw online platforms like Flipkart, Amazon overtake offline retailers in shipments of smartphones from manufacturing...
- 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 ...
- Pepperfry to file draft IPO papers next quarter; FY22 revenue surpasses pre-covid levelsPepperfry has appointed investment banks JP Morgan and ICICI Bank to lead the IPO effort.
- Institutional investors oppose Esops; PharmEasy drops IPO, targets Ebitda breakevenThe stock option plans of listed startups such as Zomato and Paytm are facing opposition from institutional investors for a variety of reas...
- Navi to file for IPO this week; BharatPe’s Nakrani praises ‘decisive’ boardSachin Bansal’s Navi Technologies, is ploughing ahead with its Rs 4,000-crore IPO and is set to file draft papers with Sebi this week.
- BharatPe saga just won’t quit; PharmEasy may revise IPO valuationSeveral sources have told us that head of controls Madhuri Jain – who is also cofounder Ashneer Grover’s wife – wrote to the company board ...
- View: The independence struggle of India Inc’s boardsWith stronger stewardship codes for institutional money managers; regulatory tweaks like majority of minority shareholders vetting any rela...
- Freshworks IPO details; Uber's Dutch setbackSaaS startup Freshworks is hoping for a valuation of $9 billion for its US IPO. Uber Technologies has lost another lawsuit over its drivers...
- Inside Tata Digital's plan to integrate online businesses and launch a super appHaving struck back-to-back deals to boost its consumer internet play through acquisitions such as BigBasket, 1mg and Cultfit (which is curr...
- Boycott China: Display country of origin by August 1, ecommerce companies toldUnder the current law, there is no requirement to display country of origin on non-packaged goods.
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