PharmEasy raises $350 mn, reportedly becomes a unicorn

Mumbai-headquartered API Holdings, the parent company of PharmEasy, has raised $350 million from Prosus Ventures and TPG Growth. The e-pharmacy startup has achieved a unicorn status after the latest financing round reportedly valued it at close to $1.5 billion. PharmEasy is the third startup to become a unicorn in the last three days, after CRED and Meesho.