Filing: API Holdings, the parent company of Indian online pharmacy PharmEasy, raises $216M at a $710M valuation, down ~90% from its $5.6B peak valuation in 2021
Tracxn: Indian startups raised $5.46B in H1 2023, down from $17.1B in H1 2022 and $13.4B in H1 2021; Tiger Global made just one deal while SoftBank made none
Manish Singh / TechCrunch : Twitter: @ulonnaya and @eliotwb Twitter: Tage / @ulonnaya : Several high-flying Indian startups, including Byju's, Swiggy and PharmEasy, have experienced a dramatic downwa...
Tracxn: Indian startups raised $5.46B in H1 2023, down from $17.1B in H1 2022 and $13.4B in H1 2021; Tiger Global made just one deal while SoftBank made none
Several high-flying Indian startups, including Byju's, Swiggy and PharmEasy, have experienced a dramatic downward adjustment in their valuations
Sources: India's market regulator has tightened scrutiny of IPO-bound firms after Paytm's IPO debacle, worrying startups which fear delays in listing plans
India has tightened scrutiny of IPO-bound firms by questioning how key internal business metrics are used to arrive at valuations … Tweets: @adityakalra , @reutersbiz , @reutersbiz , and @adityakalra ...
API Holdings, the parent company of Indian online pharmacy PharmEasy, files for a Mumbai IPO, seeking to raise as much as $843M
- API Holdings seeks 62.5 billion rupees in Mumbai IPO — Indian firm joins flurry of listings amid strong stock rally