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PharmEasy raises $216M amid 90% valuation drop

PharmEasy raises $216M amid 90% valuation drop
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Siddharth Shah , Dharmil Sheth , Hardik Dedhia , Janus Henderson , Dhaval Shah , Api Holdings , Neuberger Berman Group , Goldman Sachs , Api Holdings Limited , Manipal Education , Medical Group , Evolution Debt Capital , Harsh Parekh ,

CCI clears Ranjan Pai's investment in PharmEasy, Retail News, ET Retail

The Competition Commission of India (CCI) has cleared Manipal group chief Ranjan Pai s investment in online pharmacy PharmEasy, according to the latest filing by the antitrust regulator. An additional investment from 360 One (formerly IIFL) in PharmEasy has also been cleared. Ranjan Pai invests in PharmEasy s funding with 360 One. API Holdings board seats acquired. Rights issue resolves debt. Monthly burn reduction and strategic direction expected. ....

Ranjan Pai , Competition Commission Of India , Competition Commission , Manipal Group , Api Holdings ,