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![[Funding alert] PharmEasy enters unicorn club at $1.5B valuation with fund-raise of $350M led by Prosus Ventur - Vimarsana News](https://images.yourstory.com/cs/2/211ccaf0-0e6d-11e9-97fe-8f165dce9bb1/yourstory-medicines-online1562249007701.png?fm=png&auto=format)
Share on API Holdings, the holding company of online pharmacy startup PharmEasy, has raised $350 million in a Series E round led by Prosus Ventures and TPG growth at a reported valuation of $1.5 billion, making Pharmeasy the seventh startup from India to enter the unicorn club this year. A statement from API Holdings said the new capital raised was a combination of primary and secondary funding, which also saw participation of existing investors including Temasek, CDPQ, LGT Lightrock, Eight Roads & Think Investments. The other six startups that entered the unicorn club this year are Digit Ins...
India: PharmEasy enters unicorn club with $350m Series E round Photographer: Krisztian Bocsi/Bloomberg April 7, 2021 API Holdings, the parent company of online pharmacy PharmEasy, has raised $350 million in a Series E funding round led by Prosus Ventures and TPG Growth. The financing, which involves a mix of primary and secondary transactions, saw the participation of existing investors including Temasek, CDPQ, LGT Lightrock, Eight Roads & Think Investments, API Holdings said in a statement. While the company did not disclose PharmEasy’s valuation in the latest round, some media reports hav...