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PharmEasy in talks with Naspers, TPG for $100 Mn infusion

Shortpedia

Content Team
Image Credit: shortpedia

Mumbai-based online pharmacy PharmEasy is in talks with South African technology and media conglomerate Naspers and US-based private equity firm TPG to invest up to $100 million each. The proposed investment is likely to be done at a pre-money valuation $1.2 Bn. PharmEasy has so far raised $328 Mn across seven funding rounds and had last raised $220 Mn in November 2019.