Thursday, 8 October 2026
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Public Market IPO

TPG- and Temasek-backed PharmEasy mulls $1-B IPO

Source Economic Times (opens in a new tab)

API Holdings Pvt Ltd, owner of online pharmacy PharmEasy, is considering an initial public offering that could raise USD 1 billion. The company, backed by TPG and Temasek Holdings Pte, is working with advisers on a potential offering that could take place by March 2022. The firm plans to file a draft prospectus before the end of October.