PharmEasy News
PharmEasy, which was once valued at $5 billion, plans to raise nearly $300 million at a 90 percent markdown from the previous valuation.
The rating of 12 digital platforms was done by a Fairwork India team in association with the Oxford University.
Amazon Flex, Dunzo, Ola, PharmEasy and Uber scored zero out of 10 points.
They have the lowest scores in a rating of digital platforms on the basis of providing fair working conditions for gig workers.
PharmEasy has filed the 'Draft Red Herring Prospectus.'
CAIT wrote a letter to SEBI to halt PharmEasy’s IPO.
The organisation cited a Delhi High Court order passed in 2018.
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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