TPG looks to acquire 7% stake in PharmEasy, Seeks CCI’s approval
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US-based private equity firm TPG is looking to acquire a 7% stake in epharmacy startup PharmEasy and has sought antitrust watchdog Competition Commission of India’s (CCI) permission for the same. The regulatory filings highlight that TPG will carry out the proposed investment through its special purpose vehicle in Singapore. TPG is looking to invest $100 Mn in PharmEasy, along with Naspers.