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PharmEasy parent API Holdings latest to enter India’s unicorn club with valuation of $1.5 billion

PharmEasy, the online pharmacy delivery start-up, has become the latest name on the list. While the company did not disclose the valuation, sources have said it was closed at $1.5 billion. API Holdings connects more than 60,000 brick and mortar pharmacies and 4,000 doctors in 16,000 pin codes across India. “It’s a very large market and does not just impact the top 10 million or 15 million consumers in India. It’s an all-pervasive product, all 1.3 billion people in India use healthcare in some way,” he said.

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