Episode 95
Pharmeasy, once the highest-valued Indian healthcare startup, is planning to raise money in a new round of funding at a 90% markdown from its previous valuation.
From $5.6 billion to $500 million.
All because Pharmeasy had to take another debt to pay off its previous debt. The second time though, interest rates were not zero.
What's going on?
Tune in.
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Published on 2 years, 5 months ago
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