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PharmEasy in talks to raise funds from Manipal Group, others to repay loan: Report

PharmEasy is in talks to raise Rs 2500 crore ($304 million) from Manipal Group and others, to repay its debt, MoneyControl reported.

Cheboluv ramManipal groupKotak mahindra bankNandan nilekani fundamentum partnershipGoldman sachsEvolutionx debtSteadview capitalNandan nilekaniFundamentum partnership

PharmEasy breaches Goldman loan terms by failing to raise $120m equity

The breach allows the US investment bank to potentially take over the entire company or its most profitable arm Thyrocare.

Cheboluv ramGoldman sachsKotak mahindra bankNandan nilekani fundamentum partnershipEconomic timesEvolutionx debtSteadview capitalNandan nilekaniFundamentum partnership

Indian healthtech startup PharmEasy latest to lay off employees

Backed by Orios Venture Partners, TPG Growth and Prosus Ventures, PharmEasy last laid off employees in December.

Cheboluv ramEvolutionx debtOrios venture partnersProsus venturesSoftbank backed unacademy

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