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Startups

Temasek leads $220m round for Indian online pharma startup

PharmEasy focusing on integrating supply chains to make timely deliveries

A pharmaceutical sales representative talks to a chemist at a market in Pune.    © Reuters
PRAMUGDHA MAMGAIN, DealStreetAsia | India

NEW DELHI -- Mumbai-based online pharmacy startup PharmEasy has raised $220 million in a fresh round of financing led by Singapore state investment firm Temasek Holdings.

The development was first reported by BloombergQuint, which cited unidentified sources. DealStreetAsia independently confirmed the funding with a source close to the development.

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