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...
21 Jan, 2025, 09.53 AM IST
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...
21 Jan, 2025, 08.57 AM IST
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...
22 Nov, 2024, 07.44 AM IST
Mamaearth vs distributors; PharmEasy’s financialsHonasa Consumer, Mamaearth's parent, addressed recent allegations, labelling them as "misinformation." This and more in today’s ETtech Top ...
21 Nov, 2024, 08.22 PM IST
ChrysCap set to take a bite of nutraceuticals co HealthKartChrysCapital is finalizing a deal to acquire a 20% stake in HealthKart, valuing it at $450 million. Peak XV will sell their stake in the ro...
08 Oct, 2024, 11.51 PM IST
Unicommerce shares turn multibagger in bumper listing. What should investors do?Unicommerce eSolutions made a spectacular debut on the exchanges on Tuesday, listing at Rs 235 per share, which is a staggering 117% premiu...
13 Aug, 2024, 04.45 PM IST
Tata 1mg’s FY24 operating revenue up 21% to Rs 1,968 croreTata 1mg’s net loss plummeted to Rs 313 crore from Rs 1,255 crore in the previous financial year. Over 80% of the company’s operating reven...
10 Jul, 2024, 02.10 PM IST
PharmEasy’s FY23 operating revenue up 16% to Rs 6,644 crore; net loss widens 30%PharmEasy’s parent firm API Holdings cut down its advertising and promotional expenses to Rs 235 crore, less than half of what it incurred ...
31 Jan, 2024, 10.30 AM IST
No spending freeze at startups; Swiggy, PharmEasy FY23 report cardTop internet firms didn’t let a ‘funding winter’ dampen their urge to spend in the last fiscal, an ET analysis found. Details of this and m...
31 Jan, 2024, 07.46 AM IST
1mg overtakes PharmEasy in market share in top order changeTata 1mg had a 31% market share in September 2023 against 19% in October 2022 while PharmEasy slipped to 15% from about 33% during the same...
16 Nov, 2023, 06.00 AM IST
Tata 1mg scale grows in FY23 but losses more than double on one-time expenseA significant chunk of the increase in Tata 1mg's loss was attributable to a Rs 668.1 crore one-time expense.
09 Aug, 2023, 08.51 PM IST
Valuation markdowns hit Pine Labs, PharmEasy; Paytm’s boost to ONDC; and Netflix India under tax netContinuing with the trend of valuation markdowns at large tech companies, fintech firm Pine Labs and online pharmacy PharmEasy became the l...
12 May, 2023, 08.48 AM IST
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...
14 Sep, 2022, 09.28 AM IST
Infosys warns against moonlighting; Amazon Wholesale’s revenue up 26%After Swiggy said in early August it would let employees take up assignments from other companies to supplement their income, a number of I...
13 Sep, 2022, 06.58 PM 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
FirstCry plans $1 billion IPO, may seek Sebi nod next monthFirstCry turned profitable in fiscal year 2021, as per recent regulatory filings, clocking a net profit of nearly Rs 216 crore compared wit...
26 Apr, 2022, 08.53 AM IST