Decoding PharmEasy’s latest down round logic
The proposed rights issue, at a 90% valuation cut, makes one thing clear: it’s the investors who are calling the shots here.
7 July, 2023•4 min
0
7 July, 2023•4 min
0
More in Internet
Internet
Pot calling the kettle black: Albinder’s quick-commerce paradox
The Blinkit CEO calling out irrationality while fuelling it is yet another example of a quick-commerce player hoping to outlast rivals in a classic game of one-upmanship.
You may also like
Business
The weight-loss wave that’s changing India—one sector at a time
Mounjaro’s blockbuster debut has already sparked a seismic shift across Indian healthcare, diagnostics and pharma. A marked change in consumer behaviour looks imminent.
Internet
Fintech Hala’s new millions
One of the largest-ever funding rounds among the Middle East startups, Carrefour’s latest exits and other updates from the week.
Health
How Kerala brought its infant mortality rate to a historic low
Decades of investment in health and social infrastructure went into getting the southern state’s infant mortality rate down to 5 deaths per 1,000 live births—far lower than the national average of 25.
