Page 8 - Dharmil Sheth News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ETtech Exclusive: PharmEasy gets $300 million booster shot for Thyrocare deal SECTIONS Last Updated: Jun 28, 2021, 08:08 AM IST Share Synopsis PharmEasy has raised $300 million more, bringing the total funding received by the online pharmacy since April to $650 million, most of which will be used to fund its ongoing acquisition of diagnostics chain Thyrocare. ETtech The Pharmeasy-Thyrocare deal will allow the online pharmacy to offer four key elements of healthcare—information, consult, test and treatment—at a time when online adoption is growing due to the pandemic. (Illustration: Rahul ...

Govt dials investors ahead of LIC's IPO The government has reached out to investors to apprise them about Life Insurance Corporation of India’s (LIC’s) growth and prospects as it prepares for the country’s largest initial public offering (IPO). Preliminary presentations have been made to inform investors on how the organisation is being restructured ahead of the IPO, along with its financials. In the Finance Bill, 2021, the government had proposed a slew of changes to the LIC Act, 1956. The changes include introducing corporate governance provisions in line with the Sebi’s norms and...

With Medlife’s current reach across 465+ cities, the merger will further boost PharmEasy’s efforts to provide quality healthcare services in India

Indian online pharmacy and telemedicine startup PharmEasy, on Tuesday, announced its merger with competitor Medlife starting 25 May, 2021. Both companies’ plans of a merger first came to light in August last year, when PharmEasy had submitted a proposal to the Competition Commission of India (CCI) for acquiring Medlife. The deal saw API Holdings, the parent entity of PharmEasy, acquire 100% equity shares of Medlife. Medlife’s promoters have in return got a 19.95% stake in the merged entity, which is expected to be valued at $1 Bn. PharmEasy cofounder Dhaval Shah wrote on LinkedIn that ...

AlleyWatch Armed with some data from our friends at CrunchBase, I broke down the largest global startup funding rounds for April 2021. I have included some additional information such as industry, round type, a brief description of the company, investors in the round, company location, and total equity funding raised for the company to further the analysis. Round: Series D Description: New York-based Capsule is a healthcare technology business rebuilding the pharmacy from the inside out Founded by Eric Kinariwala in 2016, Organization Name has now raised a total of $570.0M in total equity fun...