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Indian online pharmacy PharmEasy files for IPO of up to $842 million

API Holdings Ltd, PharmEasy`s parent, may also consider a further issue of equity shares via a private placement of up to 12.50 billion rupees, the company said in its draft red herring prospectus.

Indian online pharmacy PharmEasy files for IPO of up to $842 million

Indian digital healthcare platform PharmEasy filed for an initial public offering (IPO) on Wednesday of up to 62.50 billion rupees ($842.43 million), becoming the latest startup in the country to pursue a domestic stock listing.

API Holdings Ltd, PharmEasy`s parent, may also consider a further issue of equity shares via a private placement of up to 12.50 billion rupees, the company said in its draft red herring prospectus.

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Reema Sharma

After her graduation in philosophy and masters in mass communication, she waded into the field of journalism. Over the years, business has become her cup of tea. When she isn't analysing the latest... Read more

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