Tag: API Holdings

PharmEasy to acquire 66.1% stake in Thyrocare for Rs4,546 cr

API Holdings Ltd (API), the parent co. of India’s Largest Digital Healthcare Brand, (PharmEasy), founded by Dharmil Sheth, Dhaval Shah, Harsh Parekh, Hardik Dedhia and Siddharth Shah, announced the signing of definitive documents to acquire 66.1% stake in Thyrocare Technologies Ltd (Thyrocare) from Dr. A Velumani and affiliates at a price of INR 1,300 per share aggregating to INR…

PharmEasy parent gets funding from Prosus Ventures & TPG Capital, enters unicorn club

API Holdings, the parent company of Mumbai-based online pharmacy PharmEasy, has raised an investment of $350 million from Prosus Ventures and US-based private equity firm TPG Capital, according to ET report. Prosus Ventures (previously Naspers Ventures) has backed Indian technology startups like Swiggy, Byju’s and Meesho. The deal is estimated to have valued Pharmeasy at…