PharmEasy raised $220 million of funding
Nabanita Dutta
News Editor
Image Credit: shortpedia
The online pharmacy industry is booming in the country due to lower prices and easy accessibility. Amid the growth ePharmacy startup, PharmEasy has raised $220 million in the latest funding round that was led by Temasek at a valuation of about $700 million. Recently, PharmEasy has replaced 1mg as a top player with the most frequency of purchase on the platform. It also worked on a deal with Softbank which did not materialize.
