Funding round
PharmEasy Growth
Reported as "Growth Equity"
PharmEasy, which works in digital healthcare platform services in Mumbai, raised $220M in a Growth round announced on 27 Nov 2019. It is PharmEasy's fourth venture round on record; the one before was a Series C in Sep 2018.
$220M
Amount raised
Not disclosed
Post-money valuation
Valuation
What this round says about the price
PharmEasy did not disclose a valuation in this round. It came 14 months after PharmEasy's Series C. It is 26% of the $858M PharmEasy has raised in the venture rounds on record. PharmEasy raised again 17 months later: a Series E round of $350M in Apr 2021, at $1.50B post-money.
PharmEasy's funding rounds
PharmEasy has 6 venture rounds on record and 2 other deals. This one is highlighted.
- Series A 1 Jan 2016, led by Bessemer Venture Partners $5.0M
- Series B 3 Apr 2017, led by Bessemer Venture Partners and Orios Venture Partners $17M
- Series C 26 Sep 2018, led by Eight Roads $50M
- Debt not a venture round 27 Sep 2018 $5.5M
- Growth this round 27 Nov 2019 $220M
- Series E 7 Apr 2021, led by Prosus Ventures and TPG $350M$1.50B post-money
- Growth 30 Apr 2024, led by Manipal Education and Medical Group $216M$710M post-money
- Debt not a venture round 1 Sep 2025, led by 360 One $193M
Comparable rounds
How it compares
The closest in time: 1 in Drug Stores & Pharmacies, then Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Super Pharm Drug Stores & Pharmacies | 17 Apr 2019 | $476M | not disclosed | not named |
| City Football Group Soccer Club | 26 Nov 2019 | $500M | $4.80B | Silver Lake |
| Flight Training | 26 Nov 2019 | $100M | not disclosed | Clairvest |
| Payment Processing & Point of Sale | 13 Nov 2019 | $75M | not disclosed | not named |
| Tech Companies | 13 Nov 2019 | $64M | not disclosed | CVC |
| Tech Companies | 25 Nov 2019 | $58M | not disclosed | Spectrum Equity |
| Investment Consultants & Financial Advisors | 7 Nov 2019 | $58M | not disclosed | not named |
| Payment Processing & Point of Sale | 25 Nov 2019 | $52M | not disclosed | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did PharmEasy raise in its Growth round?
PharmEasy raised $220M in its Growth round, announced in Nov 2019.
What was PharmEasy's valuation at the Growth round?
It was not disclosed.
Did PharmEasy raise again after this round?
Yes: a Series E round in Apr 2021 of $350M at $1.50B post-money.