Janus Henderson further cuts PharmEasy’s valuation to $2.7 Bn
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Global asset management company (AMC) Janus Henderson has further marked down its stake valuation in Mumbai-based online pharmacy PharmEasy’s parent company API Holdings. According to Janus Henderson’s regulatory filings with the US Securities and Exchange Commission (SEC), funds managed by the AMC marked the fair value of PharmEasy at $2.7 Bn, less than half of its $5.6 Bn valuation during the fundraise in October 2021.