b capital, Bessemer Venture Partners, Eight Roads Ventures, india, PharmEasy, prosus, Startups, Steadview Capital, Tech Industry, temasek, TPG, Venture
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 a new round of funding via rights issue at a 90% markdown from the previous valuation, a person familiar with the matter said. PharmEasy, which earlier deferred a plan to go public, is racing to raise the new capital to…
