| Date | Title | Description |
| 14.10.2025 | PharmEasy-Owned Thyrocare’s Q2 Profit Zooms 81% YoY To INR 48 Cr | SUMMARY
On a sequential basis, the company's profit grew 25% from INR 38.3 Cr
The company's operating revenue stood at INR 216.5 Cr during Q2 FY26, up 22% YoY and 12% QoQ
Its total expenses rose 10% YoY and 7% QoQ to INR 157.3 Cr
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| 10.10.2025 | Entrepreneurship at Scale: Lessons in Building a House of Brands Ananth Narayanan's three lessons: choose niche markets, think global from day one, and use technology wisely. | In today's fast-changing business world, many entrepreneurs find it hard to grow their companies while keeping each brand special. Many D2C startups in India begin with great ideas but struggle to scale up. They face problems like strong co... |
| 27.09.2025 | From PharmEasy To Curefoods — Indian Startups Raised $377 Mn This Week | SUMMARY
Twenty eight startups cumulatively raised $377.4 Mn during September 22-27, making it the highest weekly capital infusion in the Indian startup since June
On a weekly basis, this marked an over 19% jump from the $316.6 Mn raised by ... |
| 27.09.2025 | Quick medicine delivery platform Plazza raises $1.4 million funding led by All In Capital | Synopsis
Plazza will use the funds to expand its product range and increase its store footprint in Bengaluru. Currently, it has one store in the city and will add two more this year. While Plazza aims to deliver within 15 to 60 minutes, it ... |
| 16.09.2025 | PharmEasy To Raise INR 1,700 Cr Debt | SUMMARY
PharmEasy will raise fresh proceeds via NCD's by pledging the shares of its listed diagnostic company Thyrocare
PharmEasy will use the fresh funds to clear the earlier debt which it raised via NCDs, with total outstanding redemption... |
| 08.09.2025 | PharmEasy FY25 Loss Declines 40% To INR 1,517 Cr | SUMMARY
PharmEasy managed to cut its net losses by 40% to INR 1,516.8 Cr in FY25 from INR 2,522 Cr in the previous fiscal year
The operating revenue for FY25 stood at INR 5,872.1 Cr, up 3.6% from INR 5,664.2 Cr recorded in the previous fisc... |
| 08.09.2025 | CVCs Gain Ground in India with Advantage in Long-Term View for Deeptech In 2024, Bain & Company's India Venture Capital Report finds that CVCs stepped up meaningfully: their deal volumes increased... | Corporate Venture Capital (CVC) firms have a disproportionate advantage over traditional VC firms, especially in areas such as deeptech, in terms of long-term mapping, said Adarsh Sekhar, Partner, IBM Ventures.
In 2021, IBM committed USD 1 ... |
| 05.09.2025 | The Future of Generic Medicine Retail in India | Ahmedabad, Gujarat, India
India’s pharmacy and healthcare sector has emerged as one of the most dynamic industries in the world, driven by a growing population, increasing healthcare needs, and rising demand for affordable medicines. With a... |
| 03.09.2025 | Online pharmacy PlatinumRx raises $6 million in round led by Stellaris Venture Partners | Synopsis
Existing investor India Quotient participated in the funding round. The platform, which helps customers find substitute brands of affordable drugs, plans to use the fresh capital to expand operations, add new fulfilment centres and... |
| 01.09.2025 | India's Tech Surge: Elev8 Closes $160M Fund, Fuels Next-Gen Startups | Elev8 Venture Partners concluded its landmark $160 million maiden fund for India's surging tech landscape. The growth-stage vehicle targets high-potential startups in fintech, SaaS, B2B platforms, and consumer brands. Anchor investors inclu... |
| 01.09.2025 | Elev8 Venture Partners marks $160 million close of maiden fund | Synopsis
The fund counts institutions from South Korea, Hong Kong and India among its backers, alongside sovereign funds, family offices and several unicorn founders. South Korea-based KB Investment is the anchor limited partner, while Self... |
| 19.08.2025 | Healthcare-focused VC W Health Ventures makes four leadership appointments | Credit: 123RF.com
Healthcare-focused venture capital firm W Health Ventures, which rolled out its second flagship fund last month targeting to raise $100 million (around Rs 870 crore), has added four industry leaders to its team as it doubl... |
| 19.08.2025 | W Health Ventures Strengthens Leadership Team with Four Senior Appointments Ashish Singh, Dr. Prakash Patel, and Ajay Sondhi have joined as Operating Partners, while Mahadevan "Mahad" Naraya... | W Health Ventures has announced the appointment of four senior leaders to its leadership team as it continues to expand its healthcare-focused company creation model. Ashish Singh, Dr. Prakash Patel, and Ajay Sondhi have joined as Operating... |
| 11.08.2025 | Truemeds Secures $85 Million to Revolutionize India's Healthcare Access | Truemeds, a leading e-pharmacy, secured $85 million in Series C funding. Accel and Peak XV Partners led the investment. This significant capital injection accelerates its mission. The company targets India's vast non-metro regions. It deliv... |
| 11.08.2025 | Truemeds closes $85 million funding led by Accel and Peak XV Partners | Synopsis
Truemeds, a telehealth platform, has received $85 million in funding. Accel and Peak XV Partners led the investment round. The company plans to expand its fulfillment centers and team. They will also establish a technology hub in B... |
| 11.08.2025 | Truemeds raises $85M to target non-metro markets | Epharmacy and telehealth platform Truemeds has raised $85 million in Series C funding to accelerate its push into smaller cities and towns.
The financing, completed in two tranches, was led first by Accel and later by Peak XV Partners, with... |
| 07.08.2025 | Thyrocare CEO Rahul Guha to Lead PharmEasy as Siddharth Shah Steps Down Effective August 27, 2025, Shah will assume the position of Vice Chairman and Director at the parent company of PharmEasy and Th... | Siddharth Shah, Co-founder and current MD and CEO of API Holdings, is stepping down from his executive role later this month. Effective August 27, 2025, Shah will assume the position of Vice Chairman and Director at the parent company of Ph... |
| 01.08.2025 | Jashvik Capital Fuels Marg ERP's Digital Ascent in Healthcare Tech | Jashvik Capital injects over INR 400 Cr into Marg ERP. This fuels digital transformation, accelerating product innovation and global market expansion. The investment targets India's dominant ERP provider in healthcare and pharma, serving 50... |
| 01.08.2025 | Jashvik Capital Commits Over INR 400 Cr to Marg ERP for Digital Push in Pharma and Healthcare The funding aims to accelerate product innovation, enhance customer focus, and drive expansion across both... | Jashvik Capital, a mid‑market private equity firm, has announced an investment exceeding INR 400 crore in Marg ERP, a leading Indian provider of ERP and inventory management software for small and medium enterprises.
The funding aims to acc... |
| 30.07.2025 | Jashvik Capital bets $46 mn on software firm Marg ERP | Naresh Patwari, founder and managing partner, Jashvik Capital
Mid-market private equity firm Jashvik Capital said Wednesday it is investing over Rs 400 crore ($45.7 million) in Marg ERP Ltd, a provider of enterprise resource planning and in... |
| 23.07.2025 | PharmEasy-Owned Thyrocare’s Q1 Profit Rises 60% To INR 38.3 Cr | SUMMARY
Thyrocare’s consolidated net profit rose 59.9% to INR 38.3 Cr in Q1 FY26 from INR 23.9 Cr in the year-ago quarter
Its operating revenue grew 23% to INR 193.03 Cr during the quarter under review from INR 156.91 Cr in Q1 FY25
Includin... |
| 24.06.2025 | The Rise of New Ventures: Transforming India’s Home and Investment Landscapes | In the bustling marketplace of India, two new ventures are emerging, poised to reshape their respective industries. All Home, a brainchild of the founders of PharmEasy, is stepping into the home improvement arena. Meanwhile, LaunchBay Capit... |
| 23.06.2025 | PharmEasy Founders Enter $120M Interior Design Venture Operating quietly in stealth mode over the last six months, All Home claims to have reached operational profitability and scale with brands like ... | In a notable pivot from healthcare to home improvement, PharmEasy co-founders Dharmil Sheth, Dhaval Shah, and Hardik Dedhia have launched All Home, a new venture aimed at organizing India's fragmented architectural and interior design marke... |
| 23.06.2025 | PharmEasy founders launch home improvement venture All Home, raise seed round at $120M valuation | Dharmil Sheth, Dhaval Shah, and Hardik Dedhia, the founders of online pharmacy startup PharmEasy, have launched All Home, an interior design and home improvement venture.
The platform aims to be a one-stop shop for all interior needs by par... |
| 23.06.2025 | PharmEasy Cofounders Enter Architectural & Interior Design Space With New Startup | SUMMARY
All Home has raised an undisclosed capital from Bessemer Venture Partners at a valuation of $120 Mn
All Home will partner with brands by backing and offering them technology support, internet-led manufacturing and distribution and m... |
| 23.06.2025 | PharmEasy founders raise capital for new interior design startup All Home | Credit: Pixabay
PharmEasy founders Dharmil Sheth, Dhaval Shah, and Hardik Dedhia have raised an undisclosed amount of funding for their new venture, All Home, an interior design and home improvement platform.
The funding round was led by Be... |
| 13.06.2025 | ArisInfra Files RHP to Raise INR 500 Crore via IPO, Eyes Debt Repayment and Expansion The company plans to allocate INR 204.6 crore towards debt repayment. According to the RHP, ArisInfra's total debt... | ArisInfra, a B2B ecommerce firm operating in the infrastructure supply chain sector, has filed its red herring prospectus (RHP) to raise INR 499.6 crore through an initial public offering, nearly seven months after receiving regulatory appr... |
| 12.06.2025 | ArisInfra Files Papers for INR 500 Cr IPO; Issue To Open On June 18 | SUMMARY
The B2B ecommerce company's IPO will consist solely of a fresh issue component via which it will be raising INR 499.6 Cr
The PharmEasy-backed company filed its DRHP in August for an INR 600 Cr IPO
In January, ArisInfra raised INR 80... |
| 04.06.2025 | Bessemer Venture Partners appoints former Cisco Investment exec as partner | Pankaj Mitra, partner, Bessemer Venture
Silicon Valley-based venture capital firm Bessemer Venture Partners, which closed its second India-focused fund in March, said on Wednesday that it has named a former executive at Cisco’s venture capi... |
| 28.05.2025 | Quadria Capital's Bold Bet on Asian Healthcare: A $1 Billion Investment Surge | In a world where healthcare is a lifeline, Quadria Capital has thrown down the gauntlet. The New Delhi-based private equity firm recently announced the final close of its third healthcare-focused fund, amassing a staggering $1.07 billion. T... |
| 27.05.2025 | Quadria Capital closes over a $1B fund | Quadria Capital on Tuesday announced the final close of its third healthcare-focused fund at $1.07 billion, exceeding its original target of $800 million. The oversubscribed fund includes $954 million in primary capital and $114 million in ... |
| 15.05.2025 | The Rise of Mixed Reality and the Offline Pharmacy Revolution | In the bustling world of technology and healthcare, two stories are making waves. One is about a startup that’s reshaping advertising through mixed reality. The other is about a pharmacy giant expanding its reach into the offline world. Bot... |
| 14.05.2025 | Tata 1mg plans more offline forays as it looks to raise $300 million | ETtechPrashant Tandon, CEO, 1mg
Tata 1mg is re-entering an investment phase as the online pharmacy looks to expand its offline presence amid talks of an external funding round, according to people in the know.
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Tata 1mgoffl... |
| 05.05.2025 | Sedna HoReCa Raises INR 50 Cr from Anicut Capital to Unify Hospitality Supply Chain The fresh capital will be deployed to expand Sedna's footprint across 20+ cities over the next year and to scale its... | Sedna HoReCa, a Hyderabad-based B2B platform serving the hotel, restaurant, and catering (HoReCa) industry, has raised INR 50 crore in equity funding from Anicut Capital.
The funding marks a significant endorsement of Sedna's mission to uni... |
| 23.04.2025 | PharmEasy-Owned Thyrocare’s Q4 Profit Jumps 25.6% To INR 21.6 Cr | -->
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| 01.04.2025 | The Bear House bags Rs 50 Cr in Series A funding led by JM Financial's private equity arm | Bear House Clothing Private Limited, which runs The Bear House brand, has raised approximately Rs 50 crore in a Series A funding round led by JM Financial India Growth Fund III.
The Bear House, headquartered in Bengaluru, is a contemporary ... |
| 31.03.2025 | Prosus Tech FoundHER Challenge: Empowering Women in Tech This initiative aims to help female entrepreneurs secure funding, scale their ventures, and connect with global networks. | The Prosus Tech FoundHER Challenge has been launched in collaboration with Encubay and VAIA Climate to bridge the funding gap for women-led startups in India's tech ecosystem. This initiative aims to help female entrepreneurs secure funding... |
| 24.03.2025 | Singaporean healthcare B2B e-commerce platform raises $3M for Southeast Asia expansion | Photo courtesy of Kyberlife
Healthcare B2B e-commerce platform Kyberlife has bagged $3 million in an investing round led by 5I Ventures. The sum was also raised from East Ventures, A2D Ventures, and NUS Alumni Ventures.
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Founded... |
| 18.03.2025 | 360 One Asset bets on thematic funds amid growing competition | 360 ONE Asset, a backer of Indian unicorns such as Swiggy and PharmEasy, has so far garnered Rs 7,062 crore ($810 million) in commitments for its thematic funds focused on technology, financial services, industrials/manufacturing, healthcar... |
| 12.03.2025 | Bessemer Venture Partners Bets Big on India’s Startup Future | In the world of venture capital, timing is everything. Bessemer Venture Partners, a heavyweight from Silicon Valley, has just thrown down a hefty $350 million for its second India-focused fund. This comes three years after its first fund, a... |
| 12.03.2025 | Bessemer Venture Partners collects $350 mn for second India fund | Vishal Gupta, Partner-India, Bessemer Venture Partners
Silicon Valley venture capital firm Bessemer Venture Partners has raised $350 million (about Rs 3,050 crore) for its second India-focused fund, more than three years after rolling out i... |
| 16.02.2025 | India's fledgling startups are ditching the growth-at-all-costs culture for an old favourite | - |
| 25.01.2025 | Mouth freshener company JoySpoon raised additional Rs 56L Seed funding | In its current seed round, the mouth freshener company JoySpoon has raised Rs 56 lakhs, bringing its total funding to Rs 1.81 crore. CFOs Prateek Toshniwal, Abhinav Jain, and Ankit Jain of CoinDCX, PharmEasy, and other companies participate... |
| 23.01.2025 | PharmEasy-Owned Thyrocare’s Q3 Profit Jumps 29% To INR 19 Cr | SUMMARY
Sequentially, profit declined 28.27% from INR 26.42 Cr
Operating revenue grew 23.38% to INR 165.92 Cr during the quarter under review from INR 134.47 Cr in Q3 FY24
Total expenses grew 20.52% to INR 141.85 Cr during the quarter under... |
| 23.01.2025 | PharmEasy Undergoes Leadership Shift as Three Co-Founders Step Down from Active Roles Despite the change in leadership, the three stepping down will remain involved with the firm as board members or o... | PharmEasy, the Bengaluru-based online pharmacy company, is undergoing a major transition with three of its co-founders—Dharmil Sheth, Dhaval Shah, and Hardik Dedhia—stepping back from active executive roles. Siddharth Shah, the fourth co-fo... |
| 21.01.2025 | Zepto eyes 10-min medicine delivery space | In a move to enter the medicine delivery space, Zepto has introduced ‘Zepto Pharmacy’ as part of its pilot programme in select locations across Bengaluru, Mumbai, and Hyderabad.
The offering is integrated within the company’s main app and o... |
| 21.01.2025 | BPR Hub, JoySpoon, and Postudio Raise Early-Stage Funding The following startups have announced their latest funding rounds, showcasing significant milestones in their growth journeys. |
Accel and Kae Capital Back BPR Hub with USD 2.6 Mn Funding for AI-Powered Compliance
BPR Hub, a San Francisco and Bengaluru-based AI-powered compliance management platform, has raised USD 2.6 million in a seed funding round co-led by Accel... |
| 20.01.2025 | PharmEasy Cofounders Step Away From Executive Roles To Launch New Venture | SUMMARY
Dharmil Sheth, Dhaval Shah, Hardik Dedhia and Harsh Parekh have stepped down from their executive roles at PharmEasy
Sheth, Shah and Dedhia are set to launch a new venture in the consumer space, while the future plans of Parekh are ... |
| 16.01.2025 | The Startup Survival Guide: Navigating the Stormy Seas of Entrepreneurship | In the tumultuous world of startups, the allure of success often blinds entrepreneurs to the harsh realities of business. The statistics are sobering: nearly 75% of venture-backed startups fail. The reasons are as varied as the companies th... |
| 15.01.2025 | Avoid Going from Riches to Rags: 6 Lessons for Startups With financial backing, entrepreneurs are equipped with the resources they need to innovate, scale, and disrupt industries. But despite these ad... | In the high-stakes world of startups, Venture Capitalists (VC) is often seen as the golden ticket to success. With financial backing, entrepreneurs are equipped with the resources they need to innovate, scale, and disrupt industries. But de... |
| 13.01.2025 | Physics Wallah Ropes In Ajinkya Jain As Group General Counsel, Company Secretary | SUMMARY
Physics Wallah bolsters its leadership team by appointing Ajinkya Jain as group general counsel ahead of its planned $400 Mn to $500 Mn IPO in 2025
The appointment comes after PW raised $210 Mn from Hornbill Capital at $2.8 Bn valua... |
| 07.01.2025 | Year in Review: The Best Funded Startups of 2024 Highlighting 2024 key funding deals, innovative startups across industries secured substantial investments, driving growth, fostering innovation, and u... | 2024 proved to be a transformative year for Indian startups, with significant funding fueling their growth and expanding their market footprints. Here's a closer look at the best-funded startups of the year and their journey to becoming ind... |
| 30.12.2024 | Top 5 Funding Mega Deals from the Indian Startup Ecosystem A total of 984 venture capital (VC) funding deals were announced in India during January-October 2024 recording a year-on-year (YoY) improvem... | In 2024, the Indian startup ecosystem witnessed a wave of substantial funding rounds, indicating continued investor confidence in the country's booming entrepreneurial landscape. Beyond the headlines of billion-dollar valuations and mega de... |
| 27.12.2024 | PharmEasy Investor Marks Down Its Valuation To $456 Mn | SUMMARY
PharmEasy’s investor Janus Henderson noted that his stake of 12.9 Mn shares is now valued at just over $0.76 Mn down from an initial investment of $9.4 Mn
The development comes after the company secured over $216 Mn in fresh capital... |
| 11.12.2024 | Stride Ventures Launches Fourth Fund with USD 300 Mn Target Corpus Industry leaders like BlueStone, Upstox, Moneyview, Ather, Pharmeasy, Infra.Market, and Ola Electric have benefited from Stride's sup... | Venture debt pioneer Stride Ventures has unveiled its fourth fund, aiming for a corpus of USD 300 million, marking its largest domestic fund to date.
Stride claims to have already fully returned capital to investors from its first fund, whi... |
| 10.12.2024 | Stride Ventures Floats Fourth Fund With $300 Mn Target Corpus | SUMMARY
The fourth fund is aimed at fuelling startup’s growth across different sectors by providing them financial assistance
Stride Ventures also claims to have surpassed a $1 Bn commitment for its first venture debt growth fund
The fund’s... |
| 07.12.2024 | Unicommerce’s Company Secretary & KMP Ajinkya Jain Quits | SUMMARY
The SaaS company said Jain’s resignation came into effect immediately and it is in the process of filling the vacancy
A qualified company secretary from ICSI, Jain previously worked with companies such as PharmEasy, Games24x7, and P... |
| 12.10.2024 | Amid Wave Of Top Level Exits At Orios, CFO & COO Gaurav Bindal Calls It Quits | SUMMARY
Bindal is said to have led the closure of all investment deals since joining the investment firm in 2021
In what is the third major blow to the VC firm in a year, Orios’ two top partners Anup Jain and Rajeev Suri quit the company la... |
| 03.10.2024 | Actress Samantha Ruth Prabhu Enters Wellness Sector as Co-Founder of Secret Alchemist, Brand Secures USD 500K Funding The wellness-driven personal care brand aims to use the fresh funds to enhance mar... | Holistic aromatherapy-based wellness brand Secret Alchemist has announced actress Samantha Ruth Prabhu as its new co-founder. Alongside this announcement, the brand has also raised USD 500,000 in seed funding, led by Inflection Point Ventur... |
| 26.09.2024 | Celara Diagnostics acquired by Redcliffe Labs for $7 M | The company’s second acquisition in the diagnostics sector this year will be Celara Diagnostics, which is set to be acquired by omnichannel diagnostics service provider Redcliffe Labs.
Redcliffe Labs’ board of directors has approved the pur... |
| 21.09.2024 | Omnichannel diagnostics service provider Redcliffe Labs raised $42 M Series C funding | Redcliffe Labs, a provider of omnichannel diagnostics services, has raised $42 million in a Series C funding round, with $20 million contributed by Danish investment firm IFU. LeapFrog, an existing investor, contributed an additional $15 mi... |
| 18.09.2024 | Thyrocare explores divesting radiology business | Leading clinical diagnostics company Thyrocare Technologies is understood to be exploring several options for its radiology business, including the possibility of divesting it, according to multiple sources.
Thyrocare’s radiology business, ... |
| 30.08.2024 | VC Funding Deals in India Surpass $6.3 Billion Despite Global Caution: GlobalData GlobalData, a data analytics company recently released a report on VC Funding in Indian Startups reported a significan... | GlobalData, a data analytics company recently released a report on VC Funding in Indian Startups reported a significant surge in funding during the January to July 2024 period, recording a total of 672 deals raising US$6.3 billion.
The repo... |
| 16.08.2024 | PharmEasy CEO-Backed ArisInfra Files Draft Papers For INR 600 Cr IPO | SUMMARY
The IPO will consist solely of freshly issued shares as no existing investor is selling shares
The company plans to use the IPO proceeds to repay outstanding borrowings, support working capital, and invest in its subsidiary, Buildme... |
| 25.07.2024 | The Rise of New Ventures: A Fresh Wave in India's Startup Ecosystem**
** | ** India's startup landscape is buzzing. New players are emerging, fueled by fresh capital and innovative ideas. Two recent developments stand out: Ninecamp Ventures and PROMAFT Partners. Both are poised to reshape their respective sectors,... |
| 19.07.2024 | New generation food and beverage firm Ninecamp Ventures raised $2 M Seed funding | A new generation food and beverage company called Ninecamp Ventures has raised $2 million (about Rs 16 crore) from well-known angel investors and non-institutional investors in its seed round.
A group of prestigious investors participated i... |
| 19.07.2024 | Ex-Alibaba and 9Unicorns Executives Launch INR 1,000 Cr VC Fund PROMAFT Partners The sector-agnostic fund will invest in companies with proven product-market fit, making 10-12 strategic investments an... | Raghav Bahl, former head of investments at Alibaba Group's India business, and Soham Avlani, ex-partner at 9Unicorns, have announced the launch of a new venture capital fund, PROMAFT Partners, with an initial corpus of INR 1,000 crore.
This... |
| 01.07.2024 | National Doctors' Day: Here's to Doctors Who Entered the Field of Entrepreneurship Every year, 1 July is celebrated as National Doctors' Day in memory of Dr Bidhan Chandra Roy, a legendary doctor and ... | It is often said that doctors are next to God for they have the ability to heal and save the lives of people. While doctors have since long enjoyed a status of superiority and respect, the true test of their oath came four years ago. Lives ... |
| 01.07.2024 | PharmEasy-backer Orios Venture Partners delays third fund close yet again | Indian investor Orios Venture Partners, which has backed the likes of Country Delight and PharmEasy, has postponed the closure of its third fund for the second time as LPs adopt a conservative approach to allocations amid macro uncertaintie... |
| 26.06.2024 | Barring Byju's write-off, how Prosus' India portfolio fared in FY24 | Premium
Global technology investor Prosus recently wrote off one of its largest bets ever in beleaguered education company Byju’s, marking a loss of nearly $493 million. But beyond Byju’s, Prosus, which is also an investor in companies like... |
| 06.06.2024 | HSBC pegs Byju’s valuation to zero from $22b high | ManagementNews
Gabriel Budi Sutrisno · 4h ago · 2 min readHSBC pegs Byju’s valuation to zero from $22b high
Byju’s co-founder Byju Raveendran / Photo credit: Byju’s
Once at US$22 billion, HSBC has pegged the valuation of Indian edtech firm ... |
| 04.06.2024 | Easing the stress with new-age health solutions With rapid scaling and idea-making seen in the Indian eco-system, it is only speculated that the now-easily accessible healthcare systems will try to re... | - |
| 04.06.2024 | Unicommerce lines up new solutions for e-commerce firms | Unicommerce, an e-commerce enablement solution platform, has enhanced its product portfolio by introducing solutions such as reconciliation tool UniReco, post-shipment solution UniShip and a generative AI tool UniGPT.
With the growing deman... |
| 27.05.2024 | Japan’s Eneos leads Zypp Electric’s Series C funding | (From left) Zypp Electric co-founders Tushar Mehta, Akash Gupta and Rashi Agarwal
Electric vehicle delivery app Zypp Electric Tuesday said it has raised $15 million (Rs 124.6 crore) as part of its Series C funding round, led by Japanese inv... |
| 04.05.2024 | From PharmEasy To Portea — Indian Startups Raised $316 Mn This Week | SUMMARY
Indian startups cumulatively raised $316.4 Mn across 23 deals between April 29- March 4
PharmEasy's $216.2 Mn funding was the lone mega funding round of the week
Seed funding plummeted 64% to $12.3 Mn this week from last week's $33.... |
| 02.05.2024 | PharmEasy's Valuation Rollercoaster Ride | PharmEasy, the epharmacy giant, recently raised INR 1,804 Cr through a rights issue, but at a jaw-dropping 90% valuation cut. API Holdings, the parent company, issued 18.63 Cr CCPS B at INR 96.8 each, a far cry from its peak valuation of $5... |
| 30.04.2024 | Online pharmacy PharmEasy raises $216 million at a 90% cut in valuation | - |
| 30.04.2024 | PharmEasy raises $216m in round led by Ranjan Pai's MEMG: Report | Indian online pharmacy platform PharmEasy has raised Rs 1,804 crore ($216 million) in a round led by Ranjan Pai’s Manipal Education and Medical Group (MEMG) and existing investors, Entrackr reported.
MEMG led the round with Rs 800 crore, wh... |
| 29.04.2024 | PharmEasy Rights Issue: Epharmacy Raises INR 1,804 Cr At A 90% Valuation Cut | SUMMARY
API Holdings passed special resolutions to allot 18.63 Cr CCPS B at an issue price of INR 96.8 each, translating into a total of INR 1,804 Cr
The rights issue has been executed at a 90% valuation cut compared to the startup’s peak v... |
| 07.04.2024 | Indian Startups Accelerate Funding with Ola Electric Leading the Charge | Indian startups have been on a funding spree, raising a total of $151.6 million in just one week. Ola Electric, in particular, secured a significant chunk of this funding with a whopping $50 million in debt financing. The enterprisetech sec... |
| 03.04.2024 | Indian startups’ income from VC cash lying in bank deposits, mutual funds jumps again | India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through March 2023, albeit at a slower pace than before, according to a VCCircle study.
The study, which captured the fin... |
| 01.04.2024 | EV manufacturer Ola Electric raised Rs 410 Cr Debt from EvolutionX | Through EvolutionX’s non-convertible debentures, Ola Electric has raised Rs 410 crore, or roughly $50 million.
In order to raise Rs 410 crore, the board of Ola Electric has decided to issue 41,000 NCDs (non-convertible debentures) at an iss... |
| 01.04.2024 | IPO-bound Ola Electric raises $50 Mn debt from EvolutionX | Ola Electric has raised Rs 410 crore (approximately $50 million) via non-convertible debentures from EvolutionX.
The board at Ola Electric has passed a resolution to issue 41,000 NCD (non-convertible debentures) at an issue price of Rs 100,... |
| 29.03.2024 | India’s top-funded tech startups reined in FY23 losses as revenue growth slowed | Premium
Credit: 123RF.com
India's top-funded technology startups, which went overboard with expenses to attract talent and customers in 2021-22 thanks to record venture capital funding, reined in their operating losses in the financ... |
| 21.03.2024 | B Capital's Latest Fund Closes at $750 Million | B Capital, the brainchild of Facebook co-founder Eduardo Saverin, has sealed the deal on its second Opportunities fund, raking in a hefty $750 million. This fund, a double-up from the previous one, has attracted a diverse mix of investors, ... |
| 19.03.2024 | B Capital closes second Opportunities fund at $750 million | ETtechB Capital cofounders Raj Ganguly (left) and Eduardo Saverin
Global investment firm B Capital, which has backed the likes of Byju’s, Meesho and Pharmeasy in India, on Tuesday announced the close of its second Opportunities fund at $750... |
| 02.11.2023 | Deals in brief: Tabby attains unicorn status, Funding Societies secures USD 7.5 million in debt funding, SPH Media acquires Tech in Asia, and more | Tabby raises USD 200 million, attaining unicorn status
The Riyadh-based fintech startup, which offers buy now, pay later services to consumers in the Middle East, has secured USD 200 million in its Series D funding round, propelling its val... |
| 01.11.2023 | Temasek-backed Pharmeasy’s rights issue oversubscribed, raises $420 mn | Credit: 123RF.com
API Holdings, which runs omnichannel pharmacy chain Pharmeasy, and was struggling to raise capital, has raised Rs 3,500 crore ($420 million) through a rights issue, which has been oversubscribed, however, taking a cut in t... |
| 23.08.2023 | PharmEasy eyes Rs 3,500 Cr investment via right issue | Amidst challenging market conditions, API Holdings Limited, the parent firm of online pharmacy company PharmEasy, is planning to raise Rs 3,500 crore through the right issue from existing backers.
Temasek, TPG Growth, Prosus Ventures, CDPQ,... |
| 05.07.2023 | Pharmeasy eyes $304 mn in funding from Manipal Group, existing investors | Premium
Credit: 123RF.com
Omnichannel pharmacy chain Pharmeasy plans to raise ₹2,500 crore ($304 million) to retire the senior debt it had raised from Goldman Sachs, said two people with knowledge of the development. While ₹1,000 crore will... |
| 05.07.2023 | PharmEasy, once valued at over $5 billion, seeks new funding at a 90% valuation cut | Indian online pharmacy startup PharmEasy has informed its existing investors that it plans to raise about $300 million shortly in a new round of funding at a 90% markdown from the previous valuation, two people familiar with the matter said... |
| 22.03.2023 | PharmEasy SurgiCare: Redefining the Future of Surgeries in India | Mumbai, Maharashtra, India
PharmEasy, one of India's leading healthcare' super apps', has once again taken a step towards revolutionising the healthcare industry with the launch of PharmEasy SurgiCare. Dedicated to enhancing its customers' ... |
| 03.10.2022 | PharmEasy Closes Pre-IPO Investment Round Of Up To $350 Mn; Valuation Jumps To $5.6 Bn | - |
| 03.09.2022 | PharmEasy Labs - Introducing 'On-Time or FREE!' Sample Collection | Mumbai, Maharashtra, India
Key Takeaways:
We’re launching India’s first ‘On-Time or FREE!’ diagnostic sample collection service.
If our technicians don’t arrive within the booked time slot, the entire test is FREE, i.e., you will get 100% c... |
| 19.07.2022 | PharmEasy Planning To Raise $200 Million At Lower Valuation, Delays IPO | |
| 02.05.2022 | PharmEasy In Talks For Raising $250 Mn In Debt Ahead Of INR 6,250 Cr IPO | PharmEasy is in talks with at least two American PE firms for the debt bridge financing round
The company is taking the step as it deems current market conditions not favourable for its upcoming IPO worth INR 6,250 Cr
PharmEasy is raising t... |
| 21.02.2022 | PharmEasy parent API Holdings gets Sebi nod for Rs 6,250-cr IPO | API Holdings, the parent company of pharmacy platform PharmEasy, Adar Poonawalla-backed Wellness Forever Medicare and metal recycling firm CMR Green Technologies have received markets regulator Sebi's go-ahead to raise funds through initial... |
| 10.11.2021 | Online medical store PharmEasy targets $842 million India IPO | The company provides health services ranging from teleconsultation to radiology tests to home delivery of medical products and devices.
For the three months ended June 30, the proforma gross merchandise value or the total monetary value of ... |
| 10.11.2021 | PharmEasy parent API Holdings files for Rs 6,250 crore IPO | PharmEasy parent API Holdings has filed a draft red herring prospectus (DRHP) with the Securities Exchange Board of India (SEBI) to raise Rs 6,250 crore through an initial public offering (IPO) from primary issuance of shares.
API Holdings ... |
| 10.11.2021 | Online medical store PharmEasy targets $842 mln India IPO | - |
