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Tag: healthtech
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ConnectedH, a healthtech startup backed by Kalaari Capital, shuts down operations
ConnectedH, a healthtech startup backed by Kalaari Capital, has become the latest victim of the funding winter as its founders made the decision to...
Suniel Shetty partners with Veda Rehabilitation & Wellness to launch mental health app ‘Lets Get Happi’
Suniel Shetty, the renowned actor and investor, has teamed up with Manun Thakur, founder and CEO of Veda Rehabilitation & Wellness, to introduce a...
Debt-laden PharmEasy plans INR 2,000-3,000 crore rights issue to repay loan
API Holdings, the parent company of debt-laden PharmEasy, has reportedly decided to raise funds through a rights issue. During an all-investor meeting held on...
Janus Henderson further marks down valuation of PharmEasy’s parent company
Global asset management company Janus Henderson has once again reduced its stake valuation in API Holdings, the parent company of Mumbai-based online pharmacy PharmEasy.
According...
PharmEasy breaches loan covenant terms with Goldman Sachs, faces debt restructuring and valuation challenges
PharmEasy, the e-pharmacy unicorn, has reportedly breached its loan covenant terms with Goldman Sachs, just one year after securing high-cost debt from the US-based...