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PharmEasy raises $350 Mn round led by Prosus and TPG; enters unicorn club

Shortpedia

Content Team
Image Credit: shortpedia

Online pharmacy company PharmEasy, owned by API Holdings, has raised $350 million in its Series E round led by Prosus Ventures and TPG Growth. Existing investors including Temasek, CDPQ, LGT Lightrock, Eight Roads and Think Investments also participated in the round. According to the company, it has closed a combination of primary and secondary funding of $323 million with an additional $27 million to be raised soon.