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Investment

PharmEasy to hire 200+ engineers and launch New Development Centres in Hyderabad, Pune & NCR

Healthtech startup PharmEasy announced it has plans to hire 200+ engineering talent for its soon-to-be-launched development centres in Hyderabad, Pune and NCR region. PharmEasy is building a larger ecosystem to solve outpatient healthcare challenges, bridging the gap in the healthcare industry. As technology is a key enabler, PharmEasy is planning to strengthen its hiring across […]

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Executive Movements

Aman Mehta appointed VP – Product Design & User Experience at PharmEasy

Online healthcare aggregator PharmEasy has roped in Aman Mehta as VP – Head of UX and Design. PharmEasy delivers medicines in 1000+ cities in India, covering 22000+ pin codes. In the new role, Mehta will be responsible for leading UX & Design function across the entire product spectrum at API. Most recently, Mehta served Zenoti as Vice President […]

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Global Investment

BeatO raises USD 5.7 million in funding led by W Health Ventures

BeatO – India’s digital care ecosystem for chronic condition management – has raised USD 5.7 million in funding led by US-based venture capital firm, W Health Ventures. The funding also saw participation from e-pharmacy Unicorn PharmEasy (a Threpsi Solutions Pvt Ltd brand), Merisis VP and existing investors Orios VP, Leo Capital, and others. With this […]

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Acquisition

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 […]

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Investment

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 […]

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Investment

Mumbai-based dental tech startup Toothsi raises $5 mn in Series A round

AMPA Orthodontics, the parent company of dental tech start-up Toothsi, announced it has raised a Series A funding round of $5mn, the company said in a press release.  The startup plans to use the funds raised to expand to 15 cities in India, enhance its backend research and development, and invest in technology.  Founded by […]

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Executive Movements

PharmEasy appoints Gaurav Verma as Chief Marketing Officer

PharmEasy, a Mumbai-based healthtech startup, has appointed Gaurav Verma as new Chief Marketing Officer. Most recently, Verma served as the CMO of Zomato. Prior to that, Verma served as Managing Director at PepsiCo. Prior to that, he was a senior brand manager at Tata Tea. Verma also had a stint with Lenovo and ITC. Verma […]