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Before yesterdayMain stream

PharmEasy investor cuts value of its stake drastically, implying new valuation of $456M

25 December 2024 at 22:49

Indian online pharmacy PharmEasy is now being valued at about $456 million after its investor Janus Henderson said in a filing that it valued its stake of 12.9 million shares in the startup at $766,043. The asset manager’s Global Research Fund had originally spent $9.4 million to acquire these shares. This valuation is 92% less […]

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Prosus expects 5 IPOs from its India portfolio in next 18 months

2 December 2024 at 00:45

Prosus anticipates as many as five potential IPOs from its Indian portfolio over the next 18 months, signaling growing momentum in the world’s second-largest internet market. The Dutch investment group on Monday named payments giant PayU, e-commerce startup Meesho, and online jewelry seller Bluestone among the startups that are preparing for an IPO. TechCrunch reported […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

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