Friday, 24 March, 2023

Temasek, Lightstone invest Rs 120 cr in PharmEasy at $1.2 bn valuation

<p>PharmaEasy, an E-pharmacy platform is raising Rs 120 cr in a funding round led by returning investor Temasek Holdings, with Lightstone Fund, a unit of LGT Lightstone, participating in it. Rs 90 cr investment will be made by Temasek and a total of Rs 120.7 cr along with Lightstone. The valuation of the startup was expected to be $1.2 bn with an additional $50 mn secondary component to buy out early investors.</p> <p>&nbsp;</p>