Page 2 - Pharmeasy

Sensex dips 80pts, Nifty holds 18K; Nykaa ends 96% higher over issue price

Debutant Nykaa almost doubled from its issue price of Rs 1,125 at the day's high of Rs 2,248, and finally ended with a 96 per cent premium over its issue price

PharmEasy buys majority stake in healthcare supply chain start-up Aknamed

API's subsidiary PharmEasy, which is planning an IPO, will acquire 975,937 equity share in the company

Digital healthcare firm PharmEasy names 5 independent directors for board

The API board now has 12 members, including five independent directors

India's largest online pharmacy PharmEasy mulls $1 billion IPO: Report

The company, backed by TPG and Temasek Holdings Pte, is working with advisers on a potential offering

PharmEasy parent API Holdings in talks with SoftBank to raise $100-200 mn

Softbank is still evaluating proposal. The firm aims to acquire a company in the healthcare space and to clear loans raised earlier, says source

Thyrocare Technologies dips 7% as PharmaEasy offers to acquire 66% stake

Docon Technologies, along with API Holdings, the parent company of unicorn PharmEasy, also made an open offer for acquisition of additional 26% stake in Thyrocare at a price of Rs 1,300 per share

Top headlines: Steel leads in capacity expansion, GCCs bet on Indian talent

Business Standard brings you the top headlines on Monday

Thyrocare deal: PharmEasy founders out to build Amazon of health care

Of the three healthcare baskets that PharmEasy is targeting, it has already created a significant presence in consultation and treatment

PharmEasy parent to acquire 66% stake in Thyrocare for Rs 4,546 cr

PharmEasy will retain the Thyrocare brand

PharmEasy to pick up 66.1% stake in Thyrocare for Rs 4,546 crore

The combined entity will have the ability to provide diagnostics and pharmacy services to 100 million-plus Indians within 24 hours, the company said in a statement

Top headlines: RBI extends restrictions on PMC, Franklin moves SAT, & more

Business Standard brings you the top news of the evening

Apollo's digital platform move may fuel consolidation, benefit consumers

Apollo will merge its online and offline pharmacy businesses (excluding hospital pharmacies) and telemedicine verticals into a single entity called Apollo HealthCo

Exploring windows to enhance shareholder value: Thyrocare Technologies

Thyrocare's market capitalisation is around Rs 6,916 crore. The deal thus could be for a shareholding in the firm

Ananth Narayanan starts Mensa Brands after exit from PharmEasy-Medlife deal

Mensa aims to create a tech-led 'House of Brands' for e-commerce industry; has closed Series A round, raising $50 mn from Accel, Kunal Shah, Mukesh Bansal and Scott Shleifer of Tiger Global

PharmEasy acquires Medlife, becomes India's largest e-pharma company

As Medlife discontinues operations, its users will move seamlessly to Pharmeasy, which will now serve 2 million households every month

Medlife to cease operations, merge with PharmEasy this week

PharmEasy cofounder Dhaval Shah wrote on LinkedIn that the merged entity will be India's largest online healthcare delivery platform, serving over 2 million families every month.

Tech firms, startups gearing up to vaccinate employees after May 1

Healthcare platform PharmEasy says 5 million individuals and 1,200 companies have already made a "soft commitment" to vaccinate themselves and their families

The next online tonic: E-majors, corporate giants eye e-pharmacy business

Amazon, Reliance recently announced their foray into e-pharma sector

API Holdings' proposed 100% acquisition of Medlife gets CCI's approval

Healthcare company Medlife is primarily engaged in wholesale and distribution of drugs. API Holdings is the parent entity of API Holdings group

Isha, Akash Ambani, Byju, Poonawalla debut on Fortune's '40 under 40' list

The list covers five sectors including finance, technology, health, government/politics and media/entertainment