Report: Eduardo Saverin’s B Capital gains stake in PharmEasy for $20m

Report: Eduardo Saverin’s B Capital gains stake in PharmEasy for $20m

Tech in Asia·2021-06-17 13:00

“Facebook co-founder Eduardo Saverin’s B Capital has picked up a minority stake in online pharmacy PharmEasy for US$20 million through a secondary deal,” The Economic Times reported.

Details:

The deal values PharmEasy at US$1.8 billion, up from the US$1.5 billion it commanded earlier in April.US investment major Tiger Global is also looking to close a US$20 million primary injection into PharmEasy’s parent API Holdings, the report noted.

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