Tag: PharmEasy
Ranjan Pai: CCI clears Ranjan Pai’s investment in PharmEasy
The Competition Commission of India (CCI) has cleared Manipal group chief Ranjan Pai‘s investment in online pharmacy PharmEasy, according to the latest filing by the…
pharmeasy operating revenue: PharmEasy’s FY23 operating revenue up 16% to Rs 6,644 crore; net loss widens 30%
Online pharmacy PharmEasy’s parent firm API Holdings has reported a 16% increase in operating revenue to Rs 6,644 crore during FY23, while its net loss…
aakash institute: Pai in the Sky: Ranjan to own 40% of Aakash
Ranjan Pai, chairman of Manipal Education and Medical Group, is set to emerge as the largest shareholder in Byju’s-owned Aakash Institute, with a 40% stake,…
udaan funding: Udaan valuation dives to $1.8 billion in down round
Business-to-business (B2B) ecommerce company Udaan’s valuation has fallen by nearly half to around $1.8 billion in a down round, marking one of the most precipitous…
dunzo: Dunzo survival hinges on Reliance Retail commitment to funds
Dunzo’s future hangs by a thread as its largest investor, Reliance Retail, has not yet committed to a proposed rights issue, people aware of the…
1mg pharmeasy market share: 1mg overtakes PharmEasy in market share in top order change
Tata Digital-owned 1mg has pipped PharmEasy to grab the leadership position in the country’s e-pharmacy market in terms of gross merchandise value (GMV) after a…
pharmeasy: PharmEasy value crash may not hit Velumani’s stake
Arokiaswamy Velumani — the founder of diagnostic chain Thyrocare, which was acquired by PharmEasy in 2021 — had secured anti-dilution rights ahead of his investment…
PharmEasy new funding round ‘sudden death’ for founders: Ashneer Grover
BharatPe co-founder Ashneer Grover claimed that the reported new round of funding by beleaguered pharmacy major PharmEasy will serve as a “sudden death” to the…
Pharmeasy loan repayment: Exclusive: PharmEasy plans rights issue at 90% discount to repay loan, survive
Online pharmacy major PharmEasy has informed its board and investors that it plans to raise around Rs 2,400 crore through a rights issue at a…
Gaurav Munjal: Unacademy cash burn down to Rs 1.9 crore, revenue at Rs 130 crore in May: Gaurav Munjal
Edtech unicorn Unacademy has reduced its monthly cashburn to Rs 1.9 crore, and clocked revenues worth Rs 130 crore in May, cofounder and chief executive…