Pharmeasy parent enters unicorn club at $1.5 billion valuation
Pharmeasy parent enters unicorn club at $1.5 billion valuation SECTIONS Share Synopsis Pharmeasy’s $350 million funding round comes at a time when Reliance, Tata Group and Amazon are looking to tap the online pharmacy business by way of acquisitions. ETtech Pharmaeasy is the seventh startup unicorn this year, after Cred, Meesho, Digit Insurance, Innovaccer, Infra.Market and Five Star Finance. (Illustration: Rahul Awasthi/ETtech) Bengaluru: Prosus Ventures and US-based private equity firm TPG Capital are leading an investment of $350 million (about Rs 2,570 crore) in API Holdings, the parent...