PharmEasy seeks funding via rights issue at 90% valuation cut, report says

11:34 05.07.2023
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, Indian newspaper Economic Times reported Wednesday. PharmEasy, which earlier deferred a plan to go public, needs the new cash to pay its lender Goldman […] PharmEasy seeks funding via rights issue at 90% valuation cut, report says by Manish Singh originally published on TechCrunch...
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