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PharmEasy raises $216 million at a slashed valuation of $710 million - Vimarsana News

PharmEasy raises $216 million at a slashed valuation of $710 million

The online pharmacy was last valued at $5.6 billion in 2021, followed by nearly 90 percent decrease in its valuation amidst debt repayment related challenges.

PharmEasy raises $216m in round led by Ranjan Pai's MEMG: Report - Vimarsana News

PharmEasy raises $216m in round led by Ranjan Pai's MEMG: Report

PharmEasy has raised Rs 1,804 crore ($216 million) led by Ranjan Pai’s Manipal Education and Medical Group (MEMG) and existing investors.