PharmEasy
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Franchise India Bureau Sep 14 2018 - 1 min readMumbai-based online drugstore PharmEasy has raised venture debt funding of $5.5 million from venture debt investor InnoVen Capital. Dharmil Sheth, Co-founder of PharmEasy, has said that the funds will be used for working capital needs and inventory. The company was founded in 2015. Sheth said, "Debt is a great tool to use as working capital. We plan ...
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Franchise India Bureau Jul 19 2018 - 2 min readNandan Nilekani and Sanjeev Aggarwal-led investment firm Fundamentum Advisors and Eight Roads Ventures, the proprietary investment arm of Fidelity International, are in talks to lead a $40-50 million funding round in online pharma company PharmEasy. The latest round of funding, which is anticipated to close over the next two weeks, is likely to see the ...
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Nibedita Mohanta Feb 01 2018 - 3 min readThe Union Budget 2018-19 has been a boon for the healthcare sector and healthcare business in India. Earlier it was expected that the government should be focusing on the healthcare sector, for the common man as well as the businessmen and business associated with it. Healthcare sector has so far been the winner in the ...
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Franchise India Bureau Sep 29 2017 - 2 min readDespite the online pharmacy market's growth getting stymied because of regulatory hurdles and a bunch of startups like Zigy shutting down, some investors are backing select ventures as they look to disrupt the pharma retailing industry. After PharmEasy scooped up $18 million from Bessemer Venture Partners and others, Bengaluru-based Myra has roped in Matrix Partners and ...