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 about $300 million shortly in a new round of funding at a 90% markdown from the previous valuation, a person familiar with the matter said. Should PharmEasy secure the new funding, its valuation will be notably lower than the total […] PharmEasy, once valued at over $5 billion, seeks new funding at a 90% valuation cut by Manish Singh originally published on TechCrunch
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