PharmEasy has so far delivered more than 15 million orders from medicine to diagnostic kits to health care products, serving over 5 million families, according to its website. Its delivery service covers more than 1,000 Indian cities. The company in June bought a majority stake in Thyrocare Technologies Ltd. for 45.5 billion rupees ($830.45 million).
API Holdings raised about US$420 million in June funding round valuing the company at about US$4.1 billion, one of the people said.
Deliberations are at an early stage, and details of the offering could still change, the people said. A representative for API Holdings declined to comment, citing a quiet period.
Photo: Bloomberg
