PharmEasy in talks to raise funds from Manipal Group, others to repay loan: Report
PharmEasy is in talks to raise Rs 2500 crore ($304 million) from Manipal Group and others, to repay its debt, MoneyControl reported.
Source: dealstreetasia.com
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PharmEasy is in talks to raise Rs 2500 crore ($304 million) from Manipal Group and others, to repay its debt, MoneyControl reported.
The breach allows the US investment bank to potentially take over the entire company or its most profitable arm Thyrocare.
Backed by Orios Venture Partners, TPG Growth and Prosus Ventures, PharmEasy last laid off employees in December.