Companies

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

Reuters | | Updated on: Nov 10, 2021
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Latest start-up to pursue domestic stock listing

 

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 start-up 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.

Published on November 10, 2021

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